Cyberark Software Ltd Stock Price, News & Analysis

CyberArk Software Ltd. has announced the pricing of $1.1 billion 0.00% Convertible Senior Notes due 2030, upsized from the initially planned $750 million. The notes will mature on June 15, 2030, with an initial conversion rate of 1.9614 ordinary shares per $1,000 principal amount, equivalent to a conversion price of $509.84 per share. The company entered into capped call transactions to reduce potential dilution, with a cap price of $686.32 per share. CyberArk expects net proceeds of approximately $1.07 billion, with $96.8 million allocated for capped call transactions and the remainder for working capital, general corporate purposes, and potential acquisitions. The Notes were offered exclusively to qualified institutional buyers under Rule 144A.

CyberArk Software Ltd. (CYBR) has announced a proposed private offering of $750 million in 0.00% Convertible Senior Notes due 2030, with an option for initial purchasers to buy an additional $125 million. The notes will be convertible into cash, ordinary shares, or a combination thereof at CyberArk's discretion. The company plans to enter into capped call transactions to reduce potential dilution and offset cash payments. The notes will mature on June 15, 2030, and will be offered exclusively to qualified institutional buyers under Rule 144A. CyberArk intends to use the proceeds for working capital, general corporate purposes, potential acquisitions, and to fund the capped call transactions. The notes will be senior, unsecured obligations with no regular interest and will be convertible under certain conditions before February 15, 2030, and freely convertible thereafter.

CyberArk (NASDAQ: CYBR) announced that PDS Health, a healthcare support organization serving over 1,000 dental and primary care practices across the U.S., will expand its CyberArk implementation with additional machine identity security solutions. PDS Health will add CyberArk Zero Touch PKI and CyberArk Certificate Manager to modernize its public key infrastructure and automate certificate lifecycle management (CLM).

As a long-standing customer, PDS Health already utilizes CyberArk's Identity Security Platform for cloud access, workforce password management, endpoint privilege management, and secrets management. The new implementation will help manage and secure TLS certificates, providing automated CLM processes, real-time certificate monitoring, and enhanced security policy enforcement. With tens of millions in daily revenue processing, this upgrade aims to prevent costly certificate-related outages and strengthen PDS Health's overall security posture.

CyberArk (NASDAQ: CYBR) reported strong Q1 2025 financial results, with total revenue reaching $317.6 million, up 43% year-over-year. The company's Annual Recurring Revenue (ARR) grew to $1.215 billion, a 50% increase, with the subscription portion reaching $1.028 billion (85% of total ARR). Key financial metrics include non-GAAP operating income of $57.5 million (18% margin) and free cash flow of $96 million (30% margin). The quarter featured strategic acquisitions of Venafi and Zilla Security, strengthening CyberArk's identity security platform. Looking ahead, CyberArk projects full-year 2025 revenue between $1.313-1.323 billion and expects ARR to reach $1.410-1.420 billion by year-end.

CyberArk (NASDAQ: CYBR), the global leader in identity security, has announced its participation in five major investor conferences throughout May and June 2025. The company will present at the J.P. Morgan Global Technology Conference in Boston (May 14), TD Cowen Annual Technology Conference in New York (May 28), BofA Securities Global Technology Conference in San Francisco (June 3), William Blair Growth Stock Conference in Chicago (June 4), and Mizuho Technology Conference in New York (June 10).

All presentations will be available via webcast and archived for a limited time on CyberArk's investor relations website under the \"Events & Presentations\" section.

CyberArk, the global leader in identity security, has announced its 2024 Partner of the Year Award winners, recognizing excellence in identity security transformation and customer value delivery. The company's partner network includes over 1,800 global security-focused partners across various categories.

Key global winners include:

• Accenture - Global Partner of the Year
• Amazon Web Services (AWS) - Global Cloud Partner of the Year
• Deloitte - Global System Integrator Partner of the Year
• HCLTech - Global MSP Partner of the Year
• NTT DATA - Global Growth Partner of the Year
• PwC - Global Impact Partner of the Year

These partners help organizations strengthen their identity security programs and protect access to critical assets across human, AI, and machine identities through CyberArk's unified platform.

CyberArk has been named the top Overall Leader in the KuppingerCole Analysts 2025 Leadership Compass for Enterprise Secrets Management, achieving highest scores across Product, Innovation, and Market Leadership categories.

The recognition highlights CyberArk's excellence in Machine Identity Security. Following its acquisition of Venafi, CyberArk now offers the most comprehensive Machine Identity Security portfolio, combining secrets management, certificate lifecycle management, and workload identity security.

The company's AI-powered Identity Security Platform addresses critical challenges in managing machine identities, which now outnumber human identities by 82 to 1. Their solution portfolio includes:

• Secure All Secrets Solution for centralized secrets management
• Secure Certificates and PKI Solution for automated certificate management
• Secure Secrets and Certificates Within CSPs Solution for cloud security
• Secure Workload Access Solution for identity-based workload security

Earnix, a leader in Dynamic AI for insurance, has announced the acquisition of Zelros, a Generative AI pioneer serving insurers and banks. This strategic merger combines Earnix's Predictive AI platform with Zelros's GenAI recommendations engine to enhance risk decisioning, personalization, and claims processing.

The joint solution aims to deliver precisely targeted offers at optimal prices and timing, enabling better decision-making for pricing professionals, underwriters, and agents. The combined technology serves major clients including Aviva, AXA, BPCE, IAG, Generali, Matmut, Santander, and Tokio Marine.

Key highlights:

• Establishment of a new development center in France
• Integration of predictive and generative AI capabilities
• Focus on personalized, data-driven customer interactions
• Current operation across more than 35 countries
• Partnership with core systems providers like Guidewire

CyberArk (NASDAQ: CYBR) has released the '2025 Identity Security Landscape' study, revealing critical security challenges in AI and cloud adoption. The report highlights that machine identities now outnumber human identities by 82:1 in organizations worldwide, with 42% having privileged or sensitive access.

Key findings show that 88% of organizations define privileged users only as humans, while 61% lack identity security controls for cloud infrastructure. Alarmingly, 87% of organizations experienced multiple identity-centric breaches in the past year. The study also reveals that 68% of organizations lack identity security controls for AI, and 47% cannot secure shadow AI usage.

The report identifies that 70% of respondents cite identity silos as a root cause of cybersecurity risk, while 75% prioritize business efficiencies over robust cybersecurity. Human and machine identities are projected to double in 2025, with 88% of respondents facing increased pressure from insurers for enhanced privilege controls.