The Latest Breaking News from CyberArk

This cybersecurity company released its Q1 results last week, beating analysts' estimates while also raising its full-year guidance.

Companies are racing to detect videos that have been manipulated with the help of AI—before they cause even more problems in battle zones.

Very few organizations have "mature" ID security strategies, report concludes.

CyberArk Software Ltd (NASDAQ: CYBR) 

Stephens analyst Brian Colley initiated coverage on five security software companies. Colley initiated CrowdStrike Holdings, Inc (NASDAQ:CRWD) with an Overweight and a $232 price target (47.4% upside).  Colley saw the comprehensive and expanding product offering opening a large growing TAM with meaningful upsell/cross-sell opportunities. He saw a sizable underpenetrated opportunity in the cloud security market.…

CyberArk Software Ltd (NASDAQ:CYBR) reported first-quarter FY22 revenue growth of 13% year-on-year to $127.6 million, missing the consensus of $130.3 million. Non-GAAP EPS loss of $(0.30) beat the consensus loss of $(0.31). Segments: Revenues from Subscription expanded 110% Y/Y to $51.9 million. Maintenance and professional services rose 6.1% Y/Y to $65.1 million. Key Performance…

CyberArk Software Ltd (NASDAQ: CYBR) reported fourth-quarter FY21 revenue growth of 5% year-on-year to $151.3 million, beating the consensus of $144.5 million. Non-GAAP EPS of $0.28 beat the consensus of $0.16.

With global security spending continuing to rise, these cybersecurity stocks are worth a closer look.