Analyst Shaul Eyal from TD Cowen reiterated a Buy rating on CyberArk Software and keeping the price target at $450.00.
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Shaul Eyal has given his Buy rating due to a combination of factors that highlight CyberArk Software’s strong market position and growth potential. The company is expected to deliver results that meet or exceed expectations for the second quarter of 2025, driven by the increasing importance of identity security, particularly non-human identities, and the growing demand for AI-powered solutions. Eyal notes that CyberArk’s large customer momentum is accelerating, supported by enhancements in their go-to-market strategy and ecosystem.
CyberArk’s recent initiatives, such as the updated partner program and the introduction of the CyberArk MSP Hub, are seen as strategic moves to strengthen their market presence. The company’s expansion into non-human identity management through acquisitions and the integration of AI capabilities across their platform are key growth drivers. These factors, combined with the increasing focus on identity vulnerabilities by enterprises, position CyberArk well for continued success, justifying the Buy rating.
In another report released today, Barclays also maintained a Buy rating on the stock with a $440.00 price target.