Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.For those interested in viewing the Thematic lists, please click here >>> Thematic Screens – Zacks Investment Research.Let’s take a closer look at the ‘Cybersecurity’ theme and analyze a stock that the screen returned, namely CyberArk Software (CYBR) . The company is ...

Core Insights - CyberArk (CYBR) is expected to report quarterly earnings of $0.45 per share, reflecting a year-over-year increase of 7.1% [1] - Projected revenues for the quarter are $233.9 million, which represents a 22.3% increase from the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1] Revenue Estimates - Analysts estimate 'Revenues- Maintenance and professional services' at $61.04 million, a decrease of 5.6% from the previous year [4] - The 'Revenues- Perpetual license' is projected to be $3.07 million, indicating a significant decline of 77.7% year-over-year [4] - 'Revenues- Subscription' is expected to reach $169.57 million, marking an increase of 128.4% compared to the prior year [5] Annual Recurring Revenue (ARR) Projections - Total Annual Recurring Revenue (ARR) is anticipated to be $922.55 million, up from $705 million a year ago [5] - Maintenance Annual Recurring Revenue (ARR) is projected at $187.52 million, down from $200 million reported in the same quarter last year [5] - Subscription Annual Recurring Revenue (ARR) is expected to be $737.66 million, compared to $504 million in the previous year [6] Stock Performance - CyberArk shares have seen a change of +0.6% over the past month, while the Zacks S&P 500 composite has moved +4.9% [6] - With a Zacks Rank 1 (Strong Buy), CyberArk is expected to outperform the overall market in the near future [6]

CyberArk Software Ltd. (CYBR) is scheduled to report third-quarter 2024 results on Nov. 13, before market open.The cybersecurity firm projects revenues between $230 million and $236 million. The Zacks Consensus Estimate is pegged at $233.90 million, suggesting year-over-year growth of 22.31%.The company forecasts third-quarter non-GAAP earnings per share in the range of 38-49 cents. The consensus mark is pegged at 45 cents per share, implying a robust year-over-year improvement of 7.14%.Stay up-to-date with ...

CyberArk (CYBR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pic ...

CyberArk (CYBR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of software that detects attacks on privileged accounts have returned +2.1% over the past month versus the Zacks S&P 500 composite's +1.4% change. The Zacks Computers - IT Services industry, to which CyberArk belongs, has gained 2.5% over this period. Now the key question is: Where could the sto ...

The latest trading session saw CyberArk (CYBR) ending at $293.46, denoting a +1.56% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.22%. Elsewhere, the Dow lost 0.33%, while the tech-heavy Nasdaq added 0.76%.Heading into today, shares of the maker of software that detects attacks on privileged accounts had gained 1.84% over the past month, lagging the Computer and Technology sector's gain of 2.29% and outpacing the S&P 500's gain of 1.47% in that time.The upcoming earn ...

Cybersecurity Industry Overview - Cybersecurity involves comprehensive security measures to protect systems, networks, and programs from digital attacks, which can compromise sensitive information, extort money, or disrupt business operations [2] - The increasing adoption of AI, IoT devices, and digitization has heightened vulnerabilities, necessitating advanced security solutions [2] Palo Alto Networks (PANW) - Palo Alto Networks is experiencing robust demand, with sales growth showing double-digit percentage year-over-year growth for ten consecutive periods [3] - The company's remaining performance obligation (RPO) grew 20% year-over-year to $12.7 billion, with a forward 12-month earnings multiple of 58.6X reflecting high growth expectations [5] - Consensus expectations suggest a 10% EPS growth and a 14% sales increase for the current fiscal year [5] CyberArk Software (CYBR) - CyberArk is a leader in identity security, with a bullish outlook for the current fiscal year, expecting a 105% year-over-year growth in EPS [6] - The company reported record revenue and a nearly 50% increase in subscription revenue to $158.4 million compared to the previous year [7] - Following strong quarterly results, CyberArk raised its full-year guidance, contributing to a positive share reaction [7] Fortinet (FTNT) - Fortinet is recognized for driving the convergence of networking and security, with a 17% increase in expected EPS for the current fiscal year [9] - The company reported record operating margins and raised its 2024 sales outlook, with cash flow from operations totaling $342 million [9]

Exhibit 99.1 CyberArk Announces Strong First Quarter 2024 Results Results Exceeded all Guided Metrics Subscription Portion of Annual Recurring Revenue (ARR) Grew 54% Year-Over-Year to $621 million Total ARR Grew 34% Year-Over-Year to $811 million Subscription Revenue Grew 69% Year-Over-Year to $156.2 million Total Revenue Grew 37% Year-Over-Year to $221.6 million Net Cash Provided by Operating Activities for the Quarter was $68.6 million Company Raises Full Year Guidance Across all Metrics Newton, Mass. and ...

CyberArk (CYBR) closed the most recent trading day at $299.98, moving +1.46% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.4%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.63%.Heading into today, shares of the maker of software that detects attacks on privileged accounts had gained 9% over the past month, outpacing the Computer and Technology sector's gain of 4.88% and the S&P 500's gain of 3.76% in that time.Investors will be eagerly wat ...

CyberArk (CYBR) closed at $295.65 in the latest trading session, marking a +0.51% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.02%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.04%.Shares of the maker of software that detects attacks on privileged accounts have appreciated by 9.74% over the course of the past month, outperforming the Computer and Technology sector's gain of 4.44% and the S&P 500's gain of 3.77%.Th ...