CyberArk Stock: Still A Buy, ARR Growth Accelerating In 2024 (NASDAQ:CYBR)
wmaster890/iStock via Getty Images We continue to be buy-rated on CyberArk (NASDAQ:CYBR). 3Q23 results and outlook confirm our belief that CYBR is better positioned to outperform as the transition to the SaaS business model completes; this quarter, subscription bookings made up 97% of license bookings in the quarter, higher than 87% in the year-ago quarter….