Stock Rating Downgrade
The Value Trend Rating for CyberArk Software Ltd (NASDAQ: CYBR) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/9/24, CyberArk Software Ltd (NASDAQ: CYBR) stock enjoyed a large increase of 3.8%, closing at $273.72. Moreover, unusually high trading volume at 180% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
CYBR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
CyberArk Software has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CyberArk Software has a very low Appreciation Score of 5 but a good Power Rating of 73, producing the Negative Value Trend Rating.
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