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.
A close-up of a cyber security hardware device used for protection.
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. develops, markets, and sells software-based identity security solutions and services in the US, Israel, the UK, Europe, the Middle East, Africa, and internationally.
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This article is originally published at Insider Monkey.
