Barclays (LON:BARC) analyst Saket Kalia maintained a Hold rating on CyberArk Software (NASDAQ:CYBR) on Wednesday, setting a price target of $109, which is approximately 0.67% below the present share price of $109.74.
Kalia expects CyberArk Software to post earnings per share (EPS) of $0.55 for the second quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in CyberArk Software, with an average price target of $110.58.
The analysts price targets range from a high of $120 to a low of $94.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $129.66 million and a net profit of $22.94 million. The company's market cap is $3.67 billion.
According to TipRanks.com, Barclays analyst Saket Kalia is a 5-star analyst with an average return of 8.5% and a 54.2% success rate.
CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. It operates through the following geographical segments: United States; Israel; United Kingdom; Europe, the Middle East and Africa; and Other. Its products include core privileged access security, application identity and endpoint privilege manager, and Conjur. The company was founded by Udi Mokady and Alon N. Cohen in 1999 and is headquartered in Petach Tikva, Israel.