Jefferies Reiterates Buy Rating on CyberArk Software (CYBR)

Jefferies analyst Joseph Gallo reiterated a Buy rating and $475.00 price target on CyberArk Software (NASDAQ: CYBR).

The analyst comments "We attended CYBR’s Analyst Day in Boston & came away incrementally positive on the opportunity in PAM and the broader platform. Outsized growth opps are in machine identity, modern IGA and agentic AI. 2028 guidance lays out a framework for +18% ARR CAGR '24-'28 to $2.3B & $600M of FCF. The positive market commentary around machine identity, broadening platform & mgmt '28 guide increases our confidence in our CY27 FCF estimate of $500M (47x our PT $475)."

For an analyst ratings summary and ratings history on CyberArk Software click here. For more ratings news on CyberArk Software click here.

Shares of CyberArk Software closed at $374.73 yesterday.

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