CyberArk Stock Volume Surges to $656 Million Despite Price Drop

On May 13, 2025, CyberArk Software (CYBR) experienced a significant trading volume of $656 million, marking a 60.81% increase from the previous day. However, the stock price declined by 1.73%.

CyberArk reported robust financial results for the first quarter of 2025, with total annual recurring revenue (ARR) reaching $1.215 billion, driven by strong net new ARR of $46 million. The company's consistent execution and ongoing innovation contributed to a strong top-line performance.

On May 13, 2025, CyberArk announced its first-quarter financial results, with total revenue reaching $318 million. The company's earnings before interest and taxes (EBIT) for the March-ended quarter rose 30% to 98 cents on an adjusted basis, reflecting a strong performance in the quarter.

CyberArk's earnings per share (EPS) for the March quarter were $0.98, surpassing the consensus estimate of $0.79 per share. This represents a 24.05% earnings surprise and a significant improvement from the previous year's EPS of $0.75 per share. Over the last four quarters, the company has consistently exceeded consensus EPS estimates.

Guggenheim analyst Raymond McDonough reiterated a Buy rating and a price target of $455.00 on CyberArk Software. The analyst's comments highlighted the company's strong performance and positive outlook.