| Firm |
Analyst |
| Bank of America Merrill Lynch |
Dan Bartus |
| Barclays |
Saket Kalia |
| Deutsche Bank |
Gray Powell |
| Dougherty & Company |
Catharine Trebnick |
| Evercore ISI |
Kenneth Talanian |
| FBN Securities, Inc. |
Shebly Seyrafi |
| First Analysis |
Howard Smith |
| Goldman Sachs |
Gabriela Borges |
| Guggenheim |
Imtiaz Koujalgi |
| J.P. Morgan |
Sterling Auty |
| JMP |
Erik Suppiger |
| Mizuho |
Gregg Moskowitz |
| Morgan Stanley |
Melissa Franchi |
| Needham |
Alex Henderson |
| Oppenheimer |
Shaul Eyal |
| Pacific Crest Securities |
Rob Owens |
| PiperJaffray |
Andrew Nowinski |
| Stifel |
Gur Talpaz |
| Summit |
Srini Nandury |
| UBS |
Fatima Boolani |
| Wedbush Securities |
Dan Ives |
| 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.