CyberArk price target lowered to $425 from $485 at BTIG

BTIG analyst Gray Powell lowered the firm’s price target on CyberArk (CYBR) to $425 from $485 and keeps a Buy rating on the shares. CyberArk delivered “solid” Q1 results and maintained its ARR outlook for 2025, says the analyst, who fractionally increased forecasts across all key performance indicators in 2026 following the report. However, the firm reduced its price target “entirely on a more conservative multiple assumption,” the analyst tells investors in a post-earnings note.