CyberArk: The Best Hasn't Even Been Priced In Yet - Maintaining Buy
CYBRCyberArk Software(CYBR) Seeking Alpha·2024-08-21 13:25

piranka Investment Thesis CyberArk Software (NASDAQ:CYBR) stock surged ~8% in early trading earlier this month after the company beat expectations in the 2Q24 earnings report and raised full-year guidance across the board. I last wrote on CyberArk in late July pre-earnings. I'm here to reiterate my buy rating for mid to long-term investors before the positives of the Venafi acquisition begin to show up on earnings; the acquisition is expected to close in two quarters and isn't likely to show up in Q3 and Q4 ...