Stifel Raises CyberArk Software Ltd. (CYBR) Price Target to $370, Citing AI Monetization and Strong Identity Security Demand

Insider Monkey2024-12-19

We recently compiled a list of the 11 AI News That You Should Not Miss. In this article, we are going to take a look at where CyberArk Software Ltd. (NASDAQ:CYBR) stands against the other AI stocks. ...

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(CYBR) Price Target to $370, Citing AI Monetization and Strong Identity Security Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-19 22:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stifel-raises-cyberark-software-ltd-143747813.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 11 AI News That You Should Not Miss. In this article, we are going to take a look at where CyberArk Software Ltd. (NASDAQ:CYBR) stands against the other AI stocks.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/stifel-raises-cyberark-software-ltd-143747813.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SF","symbol_name":"Stifel Financial Corp","start_time":0,"source_url":"https://finance.yahoo.com/news/stifel-raises-cyberark-software-ltd-143747813.html","article_id":"2492171589","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/VJn8.I.mXr91q6ZFWe8NrQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/4f34f369480291694e653d8ff87d92b9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492171589","pubTimestamp":1734619067,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The tech industry is undergoing significant changes, with increasing competition in AI, evolving regulatory landscapes, and strategic moves by major companies to stay ahead. 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She emphasized the need for investo","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"SF":"Stifel Financial Corp","CYBR":"Cyber-Ark Software"},"translate_title":"Stifel将CyberArk Software Ltd.(CYBR)目标股价上调至370美元，理由是人工智能货币化和强劲的身份安全需求","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CYBR":1,"SF":1},"content_text":"We recently compiled a list of the 11 AI News That You Should Not Miss. In this article, we are going to take a look at where CyberArk Software Ltd. (NASDAQ:CYBR) stands against the other AI stocks.\nThe tech industry is undergoing significant changes, with increasing competition in AI, evolving regulatory landscapes, and strategic moves by major companies to stay ahead. These shifts are shaping the strategies and priorities of both established players and emerging competitors. The trends reveal a pivotal moment for the tech industry, where success will depend not only on innovation but also on the ability to balance growth with regulatory compliance and strategic partnerships in the evolving market.\nAI Competition and Regulatory Shifts in Focus\nIn a CNBC interview, Jessica Lessin, founder, and CEO of The Information, shared her perspectives on the shifting dynamics of the tech industry, addressing challenges in AI competition, regulatory changes under new leadership, and the evolving roles of major companies in the semiconductor and AI sectors. On Nvidia, she acknowledged its strong position in GPUs but highlighted rising competition in AI, such as Broadcom partnering with Apple on AI chips. She emphasized the need for investors to closely monitor tech companies' efforts to expand their AI capabilities.\nDiscussing tech executives meeting with President-elect Trump, Lessin said the focus is on navigating regulatory changes, including M&A deals and tariff policies. She noted the unusual eagerness of some leaders to publicize their visits, contrasting with figures like Zuckerberg and Cook, who are more focused on understanding the shifting landscape.\nOn AI, Lessin pointed out that large language models are becoming commoditized, prompting companies like Google, OpenAI, and Amazon to prioritize monetization and differentiation. She sees AI as a key growth area for these firms, despite significant investments. Surprising moves, such as the iPhone maker’s use of AWS chips, reveal unexpected competition in the chip sector, keeping the race highly dynamic on multiple fronts.\nREAD ALSO: 10 Companies Hoarding Bitcoin Like There's No Tomorrow and 10 Important AI Announcements for Investors.\nFor this article, we selected AI stocks by going through news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A data center with a repetetive design of computer servers, showing the companies' efficient and secure IT infrastructure. \nCyberArk Software Ltd. (NASDAQ:CYBR)\nNumber of Hedge Fund Holders: 51\nCyberArk Software Ltd. (NASDAQ:CYBR) specializes in identity security solutions, leveraging AI for adaptive multi-factor authentication, privileged access management, and endpoint security.\nStifel analyst Adam Borg raised CyberArk's (NASDAQ:CYBR) price target to $370 from $335 and maintained a Buy rating, reported by The Fly on December 18. The analyst sees a positive end to 2024 for the enterprise software sector, fueled by stabilizing growth, early signs of AI monetization, and favorable economic conditions, including declining interest rates. While Q1 guidance may be conservative, the firm expects top-line growth to remain strong, reflecting the positive factors in play.\nOverall CYBR ranks 5th on our list of the AI stocks you should not miss. While we acknowledge the potential of CYBR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CYBR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.   \nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492171589"}