Let's talk about the popular CyberArk Software Ltd. (NASDAQ:CYBR). The company's shares saw a decent share price growth of 13% on the NASDAQGS over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Let's take a look at CyberArk Software's outlook and value based on the most recent financial data to see if the opportunity still exists.

What's The Opportunity In CyberArk Software?

Great news for investors – CyberArk Software is still trading at a fairly cheap price. According to our valuation, the intrinsic value for the stock is $361.74, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. However, given that CyberArk Software's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.

What does the future of CyberArk Software look like?

Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Though in the case of CyberArk Software, it is expected to deliver a relatively unexciting earnings growth of 1.3%, which doesn't help build up its investment thesis. Growth doesn't appear to be a main reason for a buy decision for CyberArk Software, at least in the near term.

What This Means For You

Are you a shareholder? Even though growth is relatively muted, since CYBR is currently undervalued, it may be a great time to increase your holdings in the stock. However, there are also other factors such as capital structure to consider, which could explain the current undervaluation.

Are you a potential investor? If you've been keeping an eye on CYBR for a while, now might be the time to enter the stock. Its future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy CYBR. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.

If you want to dive deeper into CyberArk Software, you'd also look into what risks it is currently facing. For example - CyberArk Software has 1 warning sign we think you should be aware of.

If you are no longer interested in CyberArk Software, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com