CrowdStrike’s Peer Achieves Impressive 406% Growth, Sets New Buy Point

CrowdStrike’s Peer Achieves Impressive 406% Growth, Sets New Buy Point

Boosted by 406% profit growth last quarter and strong guidance ahead, CyberArk Software (CYBR) created another potential breakout after already fueling an impressive run. As a result, CYBR stock has secured its place on the latest list of new purchases by top mutual fundsnext to Crowd strike (CRUD), Palo Alto Networks (PANW), Zscaler (ZS) And Good (GOOD).


CyberArk also gains a place on the Spotlight on actions the screen and the MII classification watch list. Join the cadre of the best cybersecurity actions to watch out forsector peer CrowdStrike scored a winning trifecta of stock listings, landing on the MII 50, IBD large cap 20 And IBD Industry Leaders.

Both CyberArk and CrowdStrike command the highest possible 99 Composite score. This score indicates that both cybersecurity companies are in the top 1% of all companies in terms of stock selection factors.

Adding to the strength of the group, PANW shares just saw its composite score climb to 96.

The cybersecurity software industry group ranks solidly at 38th out of the 197 groups tracked by IBD.

CYBR Actions Vs. Peers in Cybersecurity

In its latest report, CyberArk continued its impressive earnings rebound, posting a 406% gain to 81 cents per share. Analysts expect these triple-digit gains to continue over the next two quarters.

On the sales front, CyberArk has now recorded three quarters of increasing revenue growth, including a 32% year-over-year gain to $223.1 million in T4.

The demand for shares of CYBR Shares significantly outperformed its industry peers. Stock is 1.6 high/low volume ratio ahead of all its group rivals, including CrowdStrike (1.2) and Palo Alto Networks (1.0).

NameSymbolComp rating% change in EPS Last quarterEPS Is Court Quarter %High/low flightEPS ratingRS classificationInd RS GroupSMR ratingRating A/D
Crowd strikeCRUD99102571.29997A-AVS-
Palo AltoPANW963938719875A-AVS
*Based on a comparison with the prior year quarter which had a loss

CyberArk Accelerates Cybersecurity FedRAMP

Based in Israel, CyberArk specializes in access to privileged accounts – high-level, highly sensitive electronic accounts with more access that analysts say are more targeted by hackers.

Last week, CyberArk announced that two of its major software-as-a-service (SaaS) offerings had earned high operating authorization status from the Federal Risk and Authorization Management Program (FedRAMP). The two offerings are CyberArk Endpoint Privilege Manager and CyberArk Workforce Identity.

According to CyberArk, this authorization strengthens the cybersecurity company’s ability to help federal agencies and other public sector organizations secure access to all enterprise applications.

CYBR stock aims for another breakout

CyberArk Joined IBD Ranking Watch List by Clearing Its Buy Zone by One 10-week moving average bounce entry. The stock now also forms a consolidation model showing a 283 point of purchase.

This potential new entry comes after CyberArk already soared 61% after emerging from an early stage. flat base in November.

Meanwhile, Nice stocks enter and exceed a potential profit-taking zone, retreating after climbing on Monday. CrowdStike continues to maintain support at its 10-week line. Both Palo Alto Networks and Zscaler remain well below this benchmark.

Follow Matthew Galgani on X (formerly Twitter) at @IBD_MGalgani.


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