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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 Announces Strong Third Quarter 2023 Results

Rhea-AI Summary
CyberArk, the identity security company, exceeded expectations in Q3 with a subscription portion of Annual Recurring Revenue (ARR) of $504 million, a growth of 68% YoY. Total ARR reached $705 million, a growth of 38% YoY. Subscription revenue in Q3 was $122.9 million, a growth of 65% YoY. The company also raised its full-year ARR guidance to a range of $758 million to $768 million.
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CyberArk Launches New Capabilities for Securing Access to Cloud Workloads and Services as Part of Its Identity Security Platform

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CyberArk announces new capabilities for securing access to cloud services and modern infrastructure
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CyberArk Named a Privileged Identity Management Leader by Independent Research Firm

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CyberArk named Leader in Privileged Identity Management by Forrester
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CyberArk to Announce Third Quarter 2023 Financial Results on November 2

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CyberArk to report Q3 2023 financial results on November 2, 2023
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CyberArk Collaborates with Accenture to Deliver Advanced Privileged Access Management Solutions for Clients

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Accenture expands its deployment of CyberArk Privilege Cloud in its cyber defense strategy, benefiting from the same level of cybersecurity it delivers to clients. CyberArk enables Accenture to securely store, rotate, and isolate credentials. With the CyberArk Identity Security Platform, organizations can enable Zero Trust and least privilege with complete visibility.
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CyberArk Named a Leader in 2023 Gartner Magic Quadrant for Privileged Access Management

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CyberArk named Leader in Gartner Magic Quadrant for Privileged Access Management for the fifth consecutive time. Only vendor positioned as Leader in both PAM and Access Management reports. CyberArk's Identity Security Platform provides operational efficiencies and faster ROI. Recent innovations include just-in-time privileged access management and improved secrets management. CyberArk has a 91% 'would recommend' rating on Gartner Peer Insights. CyberArk's partner network helps enterprises optimize PAM and identity security programs.
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URBAN-X by MINI in Partnership with JVP Launches New Cohort of Urban Innovators Building Critical Climate Technologies

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URBAN-X Announces Thirteenth Cohort of Climate Tech Startups Focused on Real Estate Development, Mobility, and Energy Management
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CyberArk Establishes Artificial Intelligence Center of Excellence to Combat Attacker Innovation with Identity Security Innovation

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CyberArk announces new Artificial Intelligence Center of Excellence to improve security for its customers. 93% of security professionals surveyed expect AI-enabled threats to affect their organization in 2023. CyberArk is working to embed AI into existing products and harness AI/ML to transform identity security approaches.
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ThetaRay, the Leader in Next Generation AI-Powered Secure Global Payments, Raises $57 Million to Continue Unlocking Business Opportunities for Banks and FinTechs

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ThetaRay raises $57 million in growth round led by Portage to accelerate global expansion and capitalize on market demand for financial crime detection technology.
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CyberArk to Present at Upcoming Investor Conferences

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CyberArk to present at investor conferences
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FAQ

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

The current stock price of CyberArk Software Ltd. (CYBR) is $329.15 as of November 21, 2024.

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

The market cap of CyberArk Software Ltd. (CYBR) is approximately 14.3B.

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.

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CyberArk Software Ltd.

Nasdaq:CYBR

CYBR Rankings

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

CYBR Stock Data

14.32B
41.12M
0.03%
105.09%
3.18%
Software - Infrastructure
Technology
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United States of America
Petah Tikva