CyberArk Software's high P/S ratio is likely due to expectat...

Moomoo AI Mar 28, 2024 01:00

CyberArk Software's high P/S ratio is likely due to expectations of strong revenue performance. The forecasted growth, higher than the rest of the Software industry, supports this. Investors believe the potential for a revenue decrease is remote.

CyberArk Software Ltd. (NASDAQ:CYBR) Not Flying Under The Radar

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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