Robert W. Baird analyst Jonathan Ruykhaver maintained a Hold rating on CyberArk Software (NASDAQ:CYBR) on Wednesday, setting a price target of $105, which is approximately 8.51% below the present share price of $114.77.
Ruykhaver expects CyberArk Software to post earnings per share (EPS) of $0.55 for the second quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in CyberArk Software, with an average price target of $105.13.
The analysts price targets range from a high of $125 to a low of $85.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $129.66 million and a net profit of $22.94 million. The company's market cap is $4.17 billion.
According to TipRanks.com, Robert W. Baird analyst Jonathan Ruykhaver is a 5-star analyst with an average return of 14.0% and a 58.2% success rate.
CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. It operates through the following geographical segments: United States; Israel; United Kingdom; Europe, the Middle East and Africa; and Other. Its products include core privileged access security, application identity and endpoint privilege manager, and Conjur. The company was founded by Udi Mokady and Alon N. Cohen in 1999 and is headquartered in Petach Tikva, Israel.