| Firm |
Analyst |
| Bank of America Merrill Lynch |
Tal Liani |
| Baird |
Jonathan Ruykhaver |
| Barclays |
Saket Kalia |
| Berenberg Capital Markets |
Kingsley Crane |
| Colliers |
Catharine Trebnick |
| FBN Securities, Inc. |
Shebly Seyrafi |
| Goldman Sachs |
Brian Essex |
| Guggenheim |
Imtiaz Koujalgi |
| J.P. Morgan |
Sterling Auty |
| JMP |
Erik Suppiger |
| Mizuho |
Gregg Moskowitz |
| Morgan Stanley |
Keith Weiss |
| Needham |
Alex Henderson |
| Oppenheimer |
Ittai Kidron |
| Piper Sandler |
Rob Owens |
| Stifel |
Adam Borg |
| Summit |
Srini Nandury |
| UBS |
Roger Boyd |
| Wedbush Securities |
Dan Ives |
| Wells Fargo |
Andrew Nowinski |
| William Blair |
Jonathan Ho |
CyberArk Software Ltd. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding CyberArk Software Ltd.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of CyberArk Software Ltd. or its management. CyberArk Software Ltd. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.