Barclays Raises CyberArk (CYBR) PT to $440 from $405, Keeps Overweight Rating

CyberArk Software Ltd. (NASDAQ:CYBR) is one of the best growth stocks to buy and hold for 3 years. On July 14, Barclays raised its price target on CyberArk to $440 from $405 and maintained an Overweight rating on the shares. The adjustment was part of a broader earnings preview for the security, design, and vertical SaaS sectors.

In Q1 2025, the company achieved a total ARR of $1.215 billion, with Net New ARR at $46 million. Total revenue reached $318 million. CyberArk showed robust financial health with an 18% operating margin and generated $96 million in free cash flow. Subscription ARR accounted for $1.028 billion, or 85% of total ARR, contributing $250.6 million to total revenue, which is 79% of the total.

The company’s cash balance was $776 million, and it signed approximately 200 new logos, with a global employee count of around 3,930. There is significant demand for solutions that secure human, machine, and AI identities.

CyberArk Software Ltd. (NASDAQ:CYBR) develops, markets, and sells software-based identity security solutions and services in the US, Israel, the UK, Europe, the Middle East, Africa, and internationally.

While we acknowledge the potential of CYBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.