CyberArk (CYBR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of software that detects attacks on privileged accounts have returned -5.9% over the past month versus the Zacks S&P 500 composite's -0.4% change. The Zacks Computers - IT Services industry, to which CyberArk belongs, has gained 4.6% over this period. Now the key question is: Where could the stock be h ...

The latest trading session saw CyberArk (CYBR) ending at $259.63, denoting a -0.83% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.71%. Elsewhere, the Dow lost 0.93%, while the tech-heavy Nasdaq lost 0.81%.Shares of the maker of software that detects attacks on privileged accounts witnessed a gain of 2.05% over the previous month, beating the performance of the Computer and Technology sector with its loss of 3.88% and the S&P 500's gain of 1.08%.Analys ...

Slice it any way you like but 2024 is set to be a record-breaking year for Wall Street favorite stocks. Fueled by the demand for AI and strong macroeconomic conditions, companies across the board are experiencing unprecedented gains. This was bolstered by an optimistic jobs report which resulted in the S&P 500 climbing 0.5% to a new all-time high. The index is already up 17% this year and we’re only just at the halfway mark.Experts predict this economy will sustain its “Goldilocks state” to the end of the y ...

In the latest market close, CyberArk (CYBR) reached $269.79, with a -1.32% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.07%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.14%.The the stock of maker of software that detects attacks on privileged accounts has risen by 8.29% in the past month, lagging the Computer and Technology sector's gain of 8.61% and overreaching the S&P 500's gain of 4.34%.Analysts and investors alike ...

When it comes to cybersecurity issues, we’re all sitting ducks. That’s why investors should always dig into some of the top cybersecurity stocks to buy.Governments, companies, cities, hospitals, consumers, and schools are still grossly unprepared for attacks. Most recently, CDK Global, a company that provides U.S. auto dealers with software for sales management, was shut down because of new attacks.As noted by CBS News at the time: “The outage is disrupting roughly 15,000 car sellers that depend on CDK’s de ...

The latest trading session saw CyberArk (CYBR) ending at $262.79, denoting a +0.02% adjustment from its last day's close. This move lagged the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.49%.The maker of software that detects attacks on privileged accounts's shares have seen an increase of 10.57% over the last month, surpassing the Computer and Technology sector's gain of 5.94% and the S&P 500's gain of 3.22%.The upco ...

Knowing which tech stocks to buy may be crucial to financial success and portfolio growth. Tech stocks are expected to drive market interest through 2024, with breakthroughs redefining industries and securing significant investor interest. Three businesses, each making a distinct contribution to the tech industry, perfectly capture this trend. Innovations in AI, cybersecurity, and identity management are not simply catchphrases; they are essential elements that are changing the face of business throughout t ...

CyberArk Software Ltd. (CYBR) stock has demonstrated decent price performance this year so far. Year to date, CYBR has gained 15.2%, outperforming the Zacks IT Services industry’s growth of 4.6%. The company’s sustained focus on expanding its customer base has turned investors optimistic about its growth prospects.Recently, Coca-Cola Hellenic Bottling Company (“Coca-Cola HBC”), a bottling partner of The Coca-Cola Company (KO) , has selected CyberArk Identity Security platform. By implementing CyberArk’s pri ...

Cybersecurity stocks are great long-term buys because we’re still not prepared for cyber attacks, even after hundreds of incidents over the years. It’s estimated that global cybercrime damage costs will reach $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015. This backdrop has led to my list of the best cybersecurity stocks to buy.Shockingly, 65% of small to medium businesses don’t think they’re cyberattack targets, and even government agencies like the U.S. Marshals Service have fallen v ...

Cybersecurity stocks to buy benefit from an incredibly cynical narrative: when bad things happen in the digital realm, the bullish case for the aforementioned sector rises.Given this correlation, it’s easy to see why some folks have a conspiratorial view of the cybersecurity ecosystem. Not only that, the underlying narrative isn’t accretive or productive. In other words, the expenditures in protection against digital breaches don’t forward the underlying business. Rather, they allow the business to stay in ...