Should You Invest in CyberArk Before Its Earnings Report?

Reported 12 days ago

CyberArk, a leader in identity security, is currently rated as a strong buy by Zacks and has seen its stock price increase by 32% year-to-date, outpacing the S&P 500. As the company prepares to release its quarterly earnings, it has shown robust growth expectations with a forecasted EPS growth of 7% and sales increase of 22%. Despite trading at high valuation multiples, positive momentum is expected to continue, making it an appealing option for investors looking for cybersecurity stock exposure.

Source: YAHOO

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