CyberArk (CYBR) is enhancing its identity security platform through AI integration, launching the Secure AI Agents Solution and CORA AI. These new features are aimed at protecting AI agents from risks such as prompt injection, credential leakage, and permission abuse, and are expected to safeguard various identities, including human, AI, and machine, as of the first quarter of 2025.
CyberArk’s subscription ARR grew 65% year over year in Q1 2025. The company forecasts revenues between $1.313-$1.323 billion for 2025, with the Zacks Consensus Estimate at $1.32 billion, indicating a year-over-year growth of 31.89%.
Competitors in the identity security space, including CrowdStrike (CRWD) and Okta (OKTA), are also implementing AI technologies in their products, contributing to a market growth expected to witness a CAGR of 8.4% from 2024 to 2029, according to MarketsAndMarkets.
