CyberArk Software Stock News

CyberArk has protected its core business from new entrants and moved into a new market with a bold acquisition.

Cybersecurity stocks rank No. 150 out of 197 IBD industry groups.

RALEIGH, N.C.--(BUSINESS WIRE)--Digital.ai, an industry-leading technology company helping Global 5000 enterprises automate software delivery through its AI-powered DevSecOps platform, today announced a significant milestone, achieving the Red Hat OpenShift Operator Certification for its Digital.ai Release and Deploy operators. The Company's continuous delivery solution, Digital.ai Release, and...

BOSTON & MONTREAL--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced that Grass Valley, a leading media technology provider for the media and entertainment industry, will offer Wasabi's low-cost, high-performance cloud storage within AMPP. Grass Valley customers can now purchase and easily use Wasabi cloud storage within AMPP to enable efficient and flexible m...

CyberArk reported its 2Q24 results and outlook, confirming my belief that the company would be better positioned to outperform in 2HFY24, with management beating estimates and raising FY guidance. Management's focus on profitability should continue to pay off with more leverage in their financial model, foreshadowing more positives for subscription revenue and ARR growth. I see a window for bet...

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including T-Mobile and Monday.com.

Investment bank Wedbush may be best-known for its sell-side coverage of high-profile tech stocks like Tesla (NASDAQ: TSLA ), but taking a look at the new Wedbush price targets, you'll find that the EV maker is not on this list. Neither are many of the other well-known names in tech.

Lower interest rates make it easier for firms to carry out acquisitions. That's because the lower rates enable them to borrow the funds they need to make big deals much more cheaply.