Is CyberArk Software (CYBR) Outperforming Other Computer and Technology Stocks This Year?

Company Performance - CyberArk (CYBR) has shown a year-to-date performance increase of approximately 33.1%, outperforming the Computer and Technology sector, which has returned an average of 25.1% [2] - The Zacks Consensus Estimate for CyberArk's full-year earnings has increased by 14.9% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [2] Industry Comparison - CyberArk belongs to the Computers - IT Services industry, which consists of 40 individual stocks and currently ranks 68 in the Zacks Industry Rank. The average gain for this group is 7.7% year-to-date, highlighting CyberArk's superior performance [3] - In contrast, another stock, Arteris, Inc. (AIP), which belongs to the Internet - Software industry, has returned 31.1% year-to-date. This industry has 143 stocks and is ranked 74, with an average increase of 22.8% this year [3] Zacks Rank - CyberArk currently holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook based on earnings estimates and revisions [1] - Arteris, Inc. also has a Zacks Rank of 2 (Buy), with its current year EPS consensus estimate increasing by 1.7% over the past three months [2]