STOCK TITAN
  1. Home
  2. News
  3. CYBR

CyberArk Software Ltd. - CYBR STOCK NEWS

Welcome to our dedicated page for CyberArk Software Ltd. news (Ticker: CYBR), a resource for investors and traders seeking the latest updates and insights on CyberArk Software Ltd. stock.

CyberArk Software Ltd. (NASDAQ: CYBR) is a leading information technology security company specializing in protecting the heart of the enterprise from targeted cyber threats. For over a decade, CyberArk has been at the forefront of enterprise security, focusing on safeguarding privileged accounts, credentials, and secrets from malicious attacks.

CyberArk’s comprehensive suite of products includes Privileged Access Manager, Vendor Privileged Access Manager, Privileged Session Manager (PSM), Enterprise Password Vault (EPV), PrivateArk, and Privilege Cloud. These solutions are designed to prevent attackers from escalating their access and causing irreparable business harm.

The company is trusted by the world's leading organizations, including 40% of the Fortune 100, to protect their most valuable information assets, infrastructure, and applications. CyberArk has a strong presence across the globe, with significant revenue generated from the United States and notable operations in Europe, the Middle East, Africa, and other regions.

Recently, CyberArk has achieved several milestones, including expanding its product portfolio and forging strategic partnerships to enhance its security offerings. These initiatives underscore the company’s commitment to innovation and leadership in the cybersecurity landscape.

In an era where cyber threats are increasingly sophisticated and regulatory demands for stronger protection of privileged accounts are on the rise, CyberArk’s solutions are more relevant and critical than ever. The company’s mission is clear: to stop attacks before they can halt business operations and to help organizations stay ahead of potential threats.

News

CyberArk’s Chris Moore Recognized as 2024 CRN® Channel Chief

Rhea-AI Summary
CyberArk's Chris Moore named to CRN Channel Chiefs list for the second year, driving impressive growth in partner-led business with new initiatives and investments in the Channel Partner Program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.47%
Tags
none
-
News

CyberArk Announces 2023 Global Partner of the Year Award Winners

Rhea-AI Summary
CyberArk announces the winners of its 2023 Global Partner of the Year awards, recognizing top-performing partners for delivering exceptional customer value and accelerating growth in identity security-based programs. Accenture, AWS, CapGemini, CGI, Deloitte, KPMG, and Kyndryl are among the award recipients, with CyberArk's partner program achieving strong momentum in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
none
-
News

Trullion Supports Geographic Expansion Welcoming Four New Leaders

Rhea-AI Summary
Trullion, a leading provider of corporate accounting software, strengthens its leadership team with the addition of four new executives to support its geographic expansion into the US and EMEA regions. The new executives bring extensive experience from companies like IBM, American Express, Mixpanel, and BlackLine, enhancing Trullion's global growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
none
News

CyberArk to Present at Upcoming Investor Conferences

Rhea-AI Summary
CyberArk (CYBR) to present at upcoming investor conferences in March 2024 in San Francisco, with webcasts available on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.87%
Tags
conferences
-
News

Indiana University Health Strengthens Identity Security Controls with CyberArk

Rhea-AI Summary
CyberArk (CYBR) announced that Indiana University Health (IU Health) has expanded its use of the CyberArk Identity Security Platform to fortify cybersecurity protocols, strengthen incident response, and reduce cyber insurance costs. The expansion focuses on locking down third-party risk across its vendor ecosystem by securing vendor access and service accounts. The CyberArk PAM implementation enables IU Health to better manage the expanding number of privileged credentials across its network and isolate and monitor sessions to detect and respond to threats. The CyberArk Identity Security Platform provides intelligent privilege controls, seamlessly securing human and machine identities accessing workloads from hybrid to multi-cloud, and flexibly automating the identity lifecycle with continuous threat detection and prevention.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.58%
Tags
none
-
News

CyberArk Announces Strong Fourth Quarter and Full Year 2023 Results

Rhea-AI Summary
CyberArk (CYBR) reported strong financial results for the fourth quarter and full year ended December 31, 2023. The company exceeded expectations across all guided metrics with a subscription portion of annual recurring revenue (ARR) of $582 million, growth of 60% year-over-year, and total ARR of $774 million, growth of 36% year-over-year. The subscription revenue for the full year 2023 was $472.0 million, growing 68% year-over-year, and the total revenue for the full year was $751.9 million, with growth accelerating to 27% year-over-year. CyberArk also achieved a net cash provided by operating activities of $56.2 million for the full year 2023. The company's financial performance for the fourth quarter and full year 2023 demonstrated strong growth and profitability, positioning it for continued success in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.58%
Tags
earnings
News

CyberArk Appoints Eduarda Camacho as Chief Operating Officer

Rhea-AI Summary
CyberArk (CYBR) has appointed Eduarda Camacho as its new chief operating officer (COO), bringing over 25 years of global senior leadership experience at SaaS and enterprise software companies. Camacho will lead CyberArk’s go-to-market strategy and field execution, focusing on creating value through best-in-class customer experiences. Prior to joining CyberArk, she served as chief customer officer (CCO) and senior vice president of customer success at BMC Software, and executive vice president and CCO at PTC. CyberArk's CEO, Matt Cohen, highlighted the company's unprecedented opportunity to accelerate growth and solidify its identity security leadership position, emphasizing the importance of executing at scale while keeping the customer experience and security-first approach at the center of everything they do. Camacho expressed her excitement to join CyberArk, citing the company's reputation in the market, the strength of the innovative CyberArk Identity Security Platform, and its clearly defined mission to protect customers from cyberthreats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
Tags
management
-
News

CyberArk to Announce Fourth Quarter and Year End 2023 Financial Results on February 8

Rhea-AI Summary
CyberArk (CYBR) to Report Q4 and Year End 2023 Financial Results on February 8, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
earnings
-
News

CyberArk Named an Overall Cloud Infrastructure Entitlement Management (CIEM) Leader by KuppingerCole Analysts

Rhea-AI Summary
CyberArk (NASDAQ: CYBR) named Overall Leader in KuppingerCole Analysts AG 2023 'Leadership Compass: Cloud Infrastructure Entitlement Management (CIEM)' report, highlighting CyberArk Identity Security Platform's strength and innovative cloud security solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
none
News

CyberArk Positioned as an Access Management Leader by KuppingerCole Analysts

Rhea-AI Summary
CyberArk (CYBR) was named an Overall Leader in the KuppingerCole Analysts AG 2023 'Leadership Compass: Access Management' report. The company's CyberArk Identity offering received high praise across product, innovation, and market categories. The report highlighted the strength of the CyberArk Identity Security Platform in simplifying identity and access management while providing top-level security. CyberArk's focus on providing a comprehensive experience for different types of users, such as employees, customers, partners, and more, was also noted. The company's commitment to providing innovative security-first access management solutions to its customers and partners was emphasized. CyberArk's extension of passwordless authentication capabilities to include support for passkeys was also announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
none

FAQ

What is the current stock price of CyberArk Software Ltd. (CYBR)?

The current stock price of CyberArk Software Ltd. (CYBR) is $318.55 as of December 23, 2024.

What is the market cap of CyberArk Software Ltd. (CYBR)?

The market cap of CyberArk Software Ltd. (CYBR) is approximately 15.6B.

What is CyberArk Software Ltd.?

CyberArk Software Ltd. is a leading cybersecurity company that protects privileged accounts, credentials, and secrets against targeted cyber threats.

What products does CyberArk offer?

CyberArk offers a range of security solutions including Privileged Access Manager, Vendor Privileged Access Manager, Privileged Session Manager, Enterprise Password Vault, PrivateArk, and Privilege Cloud.

Who uses CyberArk's solutions?

CyberArk’s solutions are trusted by the world's leading companies, including 40% of the Fortune 100, to protect their highest-value information assets, infrastructure, and applications.

How long has CyberArk been in the cybersecurity market?

CyberArk has been leading the market in securing enterprises against cyber attacks for over a decade.

Where does CyberArk generate most of its revenue?

CyberArk generates maximum revenue from the United States but also has a significant presence in Europe, the Middle East, Africa, and other regions.

What is CyberArk’s main focus in terms of cybersecurity?

CyberArk focuses on stopping cyber attacks that exploit insider privileges and target the heart of the enterprise.

Why are CyberArk’s solutions essential for enterprises?

CyberArk’s solutions are essential because they help prevent attack escalation and irreparable business harm, especially as regulators demand stronger protection for privileged accounts.

What recent achievements has CyberArk made?

CyberArk has recently expanded its product portfolio and formed strategic partnerships to enhance its cybersecurity offerings.

What industries benefit from CyberArk's cybersecurity solutions?

While CyberArk's solutions are used across various industries, they are particularly crucial for large enterprises and organizations with critical infrastructure and valuable information assets.

How does CyberArk stay ahead of cyber threats?

CyberArk stays ahead of threats by continuously innovating its security solutions to detect and prevent attacks before they can disrupt business operations.

Stock CYBR logo
CyberArk Software Ltd.

Nasdaq:CYBR

CYBR Rankings

#639 Ranked by Market Cap
N/A Ranked by Dividends

CYBR Stock Data

15.62B
46.84M
0.03%
104.35%
2.93%
Software - Infrastructure
Technology
Link
United States of America
Petah Tikva