Darktrace (DARK.L), a global leader in cybersecurity artificial intelligence, is dedicated to liberating the world from digital disruption. Unlike traditional methods that focus on past attacks, Darktrace’s technology continuously learns and updates data about your business. This advanced understanding is then applied to elevate security operations, achieving proactive cyber resilience. Today, the real-time Darktrace share price stands at 587.75.

Headquartered in Cambridge, this British network security company is poised for acquisition by Thoma Bravo, a US private equity firm. This news has caused Darktrace’s share price to spike by over 19%, reflecting the significant investment of £4 billion by Thoma Bravo.

Darktrace Share Price News

Darktrace plc, a publicly traded company in the Software and Computing sector, is notably part of the FTSE All-Share, FTSE 350 Low Yield, FTSE 350, and FTSE 100 indices.

The last trading session was quite bleak for Darktrace, which closed the day at 586.20. The average price target for Darktrace share is 607.50p, with forecasts ranging from a high of 620.00p to a low of 555.00p. The mean price target represents a 4.20% difference from the last price of 583.00p.

The issue of the company, as per the official LSE website is Darktrace Plc Ord Gbp0.01 with the trading code of DARK.L. It has a market capitalisation of £4.12b, with approximately 700.40m shares in issue. In the past years, Darktrace share price has hovered between 303.90, hitting a close price of 624.00 and a low of 320.10.

According to Darktrace’s latest financial reports, current EPS estimates (TTM) are 0.04%.

Darktrace Share Price Forecast

The average price target for Darktrace is 607.50p, according to 8 Wall Street analysts’ 12-month price targets issued in the past 3 months, with the consensus being a Hold.

Additionally, the average one-year target price for Darktrace plc is 624.34 GBX, with forecasts ranging from a low of 575.70 GBX to a high of 661.50 GBX.

The company first started making profits in 2024. Just recently, it has released highly sought-after cybersecurity solutions that have demonstrated significant global cyber threat resistance. By targeting new markets and sectors, the company has also prepared itself for further growth.

Darktrace: The Winner of the 2024 Microsoft UK Partner of the Year

Darktrace is a company that exists among 8,400 companies in 110 countries worldwide, with more than 2,200 workers globally. Microsoft rewarded it among the top global partners for displaying excellent capabilities in innovation and implementing customer solutions using Microsoft technology. This recognition not only enhances Darktrace’s reputation but also strengthens its position in the market, potentially attracting more clients and partnerships, which can drive further growth and innovation.

Every year, the Microsoft Partner of the Year Awards reignite a competitive spirit among companies by challenging them to invent and deliver the most advanced Microsoft Cloud applications, services, devices, and AI innovations during the previous year.

The UK awarded prizes in various categories, with more than 4,700 nominations from over 100 countries. It honoured Darktrace for providing the best solutions and services.

Given the data and recent developments, Darktrace share price prediction seems well-positioned for continued growth and market dominance in the cybersecurity industry. The substantial investment from Thoma Bravo and the company’s recognition as a top global partner by Microsoft are strong indicators of its robust capabilities and market appeal.