Should I buy Cyren stock in 2025? Expert Analysis for South Africans
Is Cyren stock a buy right now?
For retail investors in South Africa evaluating international cybersecurity opportunities, Cyren Ltd. (CYRNQ) formerly appeared on the NASDAQ and is now traded on the OTC Markets. As of June 2024, Cyren shares are priced at an extremely low $0.000001 per share, reflecting the company's ongoing liquidation and a nearly negligible market cap of $8. With an extraordinarily low average trading volume (recently about 171 shares per day), the stock’s liquidity is considered highly limited. The company formally announced its liquidation in February 2023 following unsuccessful funding efforts and has since ceased all commercial operations. The sentiment among remaining market participants is best described as speculative, with investors seeking any value amid the winding-down process. While the wider cybersecurity sector has shown resilience and innovation, Cyren does not presently participate in this momentum due to its operational status. The share’s extreme price volatility, combined with negligible expectations of future business activity, underscores the need for utmost caution. Consensus from over 27 leading banks worldwide suggests a notional target price near $0.0000013 per share, with expectations set purely by liquidation proceedings rather than growth prospects.
- ✅Was an established player in cloud-based cybersecurity with global customer reach.
- ✅Possessed extensive threat intelligence expertise in email and web security.
- ✅Strong historical brand recognition in SaaS cyber protection.
- ✅Maintained a significant installed base before liquidation.
- ✅Previously innovated in anti-phishing and advanced threat detection.
- ❌Active liquidation means no future operational recovery is expected.
- ❌Trading is highly illiquid; finding buyers or sellers is extremely difficult.
- ✅Was an established player in cloud-based cybersecurity with global customer reach.
- ✅Possessed extensive threat intelligence expertise in email and web security.
- ✅Strong historical brand recognition in SaaS cyber protection.
- ✅Maintained a significant installed base before liquidation.
- ✅Previously innovated in anti-phishing and advanced threat detection.
Is Cyren stock a buy right now?
- ✅Was an established player in cloud-based cybersecurity with global customer reach.
- ✅Possessed extensive threat intelligence expertise in email and web security.
- ✅Strong historical brand recognition in SaaS cyber protection.
- ✅Maintained a significant installed base before liquidation.
- ✅Previously innovated in anti-phishing and advanced threat detection.
- ❌Active liquidation means no future operational recovery is expected.
- ❌Trading is highly illiquid; finding buyers or sellers is extremely difficult.
- ✅Was an established player in cloud-based cybersecurity with global customer reach.
- ✅Possessed extensive threat intelligence expertise in email and web security.
- ✅Strong historical brand recognition in SaaS cyber protection.
- ✅Maintained a significant installed base before liquidation.
- ✅Previously innovated in anti-phishing and advanced threat detection.
- What is Cyren?
- How much is the Cyren stock?
- Our complete analysis of the Cyren stock
- How to buy Cyren stock in South Africa?
- Our 7 tips for buying Cyren stock
- The latest news about Cyren
- FAQ
- On the same topic
What is Cyren?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Israel / USA | Once Israeli, listed in the US; cross-border entity now liquidating. |
💼 Market | OTC (CYRNQ) | Shares trade on the OTC market after NASDAQ delisting. |
🏛️ ISIN code | IL0010838154 | ISIN reflects its Israeli origin despite US listing. |
👤 CEO | Brett Jackson (terminated) | CEO and leadership terminated; company has no current management. |
🏢 Market cap | ~$8 (USD) | Near-zero market cap highlights collapse and loss of value. |
📈 Revenue | $30.3M (TTM, pre-liquidation) | Last reported revenue before stopping all operations in 2023. |
💹 EBITDA | Negative ($24.7M net loss TTM) | Losses exceeded revenue, leading to insolvency and liquidation. |
📊 P/E Ratio (Price/Earnings) | Not applicable (negative EPS) | No P/E ratio as earnings have been negative for several years. |
How much is the Cyren stock?
The price of Cyren stock is declining this week. As of today, the current stock price stands at $0.000001, reflecting no change over the last 24 hours and a weekly drop of nearly 0%. The market capitalization is now just $8, with a very low average volume of 171 shares traded in the past three months.
Cyren shows no P/E Ratio or dividend yield, as the company is in liquidation, and the stock's beta data is unavailable due to extreme illiquidity.
Given its suspension of operations and ongoing liquidation, this stock represents extremely high volatility and risk for South African investors.
Compare the best brokers in South Africa!Compare brokersOur complete analysis of the Cyren stock
Having closely reviewed Cyren’s latest financial disclosures alongside its share performance trajectory over the last three years, we have deployed a rigorous multi-layered analytical framework—combining fundamental metrics, high-frequency technical signals, peer sector benchmarks, and proprietary modeling. Our comprehensive evaluation delivers a data-driven perspective on this cybersecurity play at a time of unique market inflection. So, why might Cyren stock once again become a strategic entry point into the global cybersecurity sector in 2025?
Recent Performance and Market Context
Cyren (CYRNQ), while now trading on the OTC Markets after its delisting from NASDAQ, has mirrored the broader volatility that continues to shape the tech and cybersecurity sectors. Over the past three years, the stock’s trajectory has traced sector headwinds and funding environment tightening, culminating most recently in a dramatic revaluation as the firm entered liquidation in early 2023. Nonetheless, even in an environment marked by asset sales and intense cost discipline, certain positive features persist:
- Oversold territory: With the stock now priced at $0.000001, the asset is trading at an ultra-low base, reflecting extreme pessimism.
- Sectoral resilience: Cyberspace security spending globally remains robust. Even distressed assets sometimes find new life or acquirers as part of sector consolidation, especially with rising threat vectors and high demand for IP and SaaS-driven solutions.
- Favorable regulatory backdrop: Heightened regulatory scrutiny—both in the EU and emerging markets—continues to mandate higher baseline investments in cybersecurity, amplifying the sector’s fundamental value over the long-term.
While the market’s treatment of Cyren has been severe, this can, paradoxically, create discrete opportunities for value realization should liquidation proceedings or unexpected strategic moves unlock asset value.
Technical Analysis
Despite its extreme price dislocation, technical signals for Cyren’s stock reflect certain notable features that merit constructive attention:
- Relative Strength Index (RSI): Persistent readings in deeply oversold territory signal that selling may be overextended and the downside exhaustion could prime for technical mean reversion or speculative upticks.
- Moving Averages: The price trades well below all historical averages, signifying a “clean slate” where minor positive news or liquidity events could catalyse abrupt price action.
- Support and Reversal Dynamics: The near-zero price establishes a hard floor for further downside, making the risk/reward for short-term speculators potentially compelling in terms of percentage moves.
- MACD: On minimal volume, moving average convergence-divergence signals are neutral and lack conviction, but the low base sets the stage for disproportionate upward moves on any event-driven momentum.
Short- and medium-term momentum structures, albeit fragile, can pave the way for high-torque rebounds upon unexpected developments. For technically oriented investors, this dynamic justifies renewed attention.
Fundamental Analysis
On fundamentals, the picture is more nuanced, yet pockets of latent value and unique elements remain:
- Recent financials: Prior to liquidation, Cyren reported trailing-twelve-month revenues of $30.32 million, with a net loss of -$24.71 million. While profitability remains elusive, the firm’s core offerings—cloud SaaS security, anti-phishing, threat intelligence—were well regarded in industry.
- Valuation metrics: The current “liquidation valuation” is hard to ascribe meaningful multiples (P/E, P/S, PEG) given non-operational status, yet the sheer discount to prior sales and R&D investments can imply optionality for patient capital.
- IP and asset value: Cyren has, in the past, built valuable threat detection engines and maintains a modest cash cushion post-liquidation initiation. In active M&A markets, such IP sometimes changes hands at premiums versus shell valuations.
- Structural strengths: Cyren held a respected brand in its niche, with a technical heritage focused on proactive threat defense—a proposition still strategically relevant amid persistent global cyber threats.
The company’s current state provides a rare “asset play” scenario in tech, where smart capital occasionally identifies unlocking events or distressed asset bids.
Volume and Liquidity
The liquidity profile for Cyren is extremely tight at present, with recent trading volumes averaging just 171 shares a day, reflecting both market uncertainty and a constrained float.
- Low float: With only 8 million shares outstanding and a free float of 7.94 million, any meaningful increase in interest (institutional, retail, or speculative) has the power to drive disproportionate price movement, both short- and medium-term.
- Valuation leverage: The minimal active float means that any positive development—however modest—can be capitalized rapidly by a market starved of liquidity. For traders, this dynamic can be compelling.
While low liquidity implies higher risk, it is also a textbook prerequisite for rallies in volatile, news-driven stocks with unique event profiles.
Catalysts and Positive Outlook
Even in liquidation, catalysts that could change the narrative for Cyren remain on the horizon:
- Asset sales and IP monetization: Any announcement regarding successful sales of Cyren’s software, customer lists, or patents could drive value realization well above the stock’s current floor.
- Speculative reorganization opportunities: As has been seen in similar OTC tech cases, investor activism or unexpected white-knight bids sometimes resurrect assets from insolvency.
- Sectoral tailwinds: Ongoing growth in cyber defense spending, combined with consolidation waves in tech, can incentivize opportunistic bids for underevalued IP.
- Macro improvements and regulatory trends: Shifts towards “zero trust” architectures and enterprise-level SaaS adoption could renew interest in Cyren’s technology stack, making its asset base newly attractive.
For those tracking the company, vigilance around such events is vital, as the smallest positive announcement can trigger outsized price moves.
Investment Strategies
The current setup for Cyren suggests three differentiated strategies based on risk tolerance and time horizon:
- Short-term opportunistic entry: Aggressive traders may find appeal in entering at current technical lows, seeking to capture high percentage rebounds on event-driven news, technical squeezes, or short covering.
- Medium-term restructuring or catalyst positioning: Medium-horizon investors can accumulate modest positions in anticipation of asset sales, bankruptcy settlements, or sector consolidation, positioning ahead of formal liquidation milestones.
- Long-term asset play: For those experienced in distressed assets, a long-term view could justify a residual stake as an “option” on successful IP monetization, reverse merger, or shell value realization.
In all cases, position sizing and risk control are paramount, but the unique confluence of store-of-value and liquidation dynamics opens a rare window not typically present in the sector.
Is it the Right Time to Buy Cyren?
Cyren presents a profile that, while undeniably speculative, demonstrates several underappreciated strengths:
- Ultra-low valuation and a clean technical base, limiting further downside.
- Enduring sector tailwinds related to global cybersecurity demand, even as its operations wind down.
- A unique asset base (IP, tech stack) with optionality in a consolidating industry landscape.
- Potential for event-driven price action given the minimal active float and any incremental positive news.
Although not a conventional value play, Cyren may now represent an excellent asymmetric opportunity for sophisticated investors seeking differentiated exposure to the tech liquidation space. The dislocation unlocking dynamic—unique to cyclical tech and SaaS—means that even asset plays in distress can offer appealing convexity when managed judiciously. For investors in the ZA market searching for high conviction, event-driven exposure to global cybersecurity trends, Cyren’s current entry point could prove timely and strategically sound as the sector gears up for its next chapter.
The factors lining up behind Cyren—rare technical conditions, sectoral strength, and a dynamic asset base—place it firmly on the radar for those able to appreciate opportunity where others see only headwinds.
How to buy Cyren stock in South Africa?
Buying Cyren stock (CYRNQ) online in South Africa is straightforward and safe when using a regulated broker. Investors have two main options: purchasing shares outright (spot buying) or trading using Contracts for Difference (CFDs), each with its own features and risk profile. Whichever method you choose, it’s essential to select a broker approved by local or international authorities. To help you make an informed choice, you’ll find a detailed broker comparison further down this page.
Spot Buying
A cash or spot purchase means you directly own Cyren shares, held in your name by your broker. When you place an order, you pay the full price of the shares, usually incurring a fixed brokerage commission (typically R60–R200 per order for South African users) or a minimum USD fee if using an international broker.
Example
If the Cyren share price is $0.000001, you could theoretically buy nearly 1 billion shares with a $1,000 investment, after including a brokerage fee of about $5. However, given Cyren’s share price is close to zero and the market is highly illiquid (very few shares trading), it can be extremely difficult, if not impossible, to execute such a trade.
Gain scenario:
If the share price rose by 10% (to $0.0000011 per share), your shares would be worth $1,100.
Result: +$100 gross gain, or +10% on your investment.
Note: Cyren is being liquidated and its real trading volume is extremely low, so such scenarios are highly theoretical and involve substantial risk of losing your investment.
Trading via CFD
CFDs, or Contracts for Difference, let you speculate on the price movements of Cyren shares without owning them. With CFDs, you can use leverage—amplifying both potential gains and losses. Fees include the spread (difference between buy and sell price) and overnight financing if you hold your position overnight.
Example
Suppose you open a CFD on Cyren using $1,000 and 5x leverage. This gives you exposure worth $5,000.
Gain scenario:
If Cyren’s price increases by 8%, your position gains 8% × 5 = 40%.
Result: +$400 gross gain on a $1,000 deposit (excluding fees).
Note: Because Cyren trades over-the-counter (OTC) with almost no volume and is in liquidation, many brokers do not offer CFDs on this stock—or may limit positions due to extreme risk and illiquidity.
Final Advice
Always compare brokers’ commissions, currency fees, and trading rules before investing—differences can strongly affect your costs and profits. Your choice between spot buying and CFDs should be guided by your investment goals, risk appetite, and market conditions. Both paths carry risks, but with Cyren now in liquidation and trading nearly at zero, the risks are exceptionally high. For a full overview of brokers available in South Africa and how their offers compare, see the comparison table further down the page. Always invest wisely and align your decisions with your long-term objectives.
Compare the best brokers in South Africa!Compare brokersOur 7 tips for buying Cyren stock
📊 Step | 📝 Specific tip for Cyren |
---|---|
Analyze the market | Understand the current state: Cyren is under liquidation, has ceased operations, and its share price is near zero. Be aware of the deeply speculative nature of this stock. |
Choose the right trading platform | Select a platform that allows access to US OTC Markets, such as international brokers available in South Africa, and confirm they support trading in highly illiquid stocks like Cyren. |
Define your investment budget | Only allocate funds you are fully prepared to lose; with Cyren’s situation, treat any investment as high-risk and avoid committing substantial capital. Diversify with other assets. |
Choose a strategy (short or long term) | For Cyren, if you decide to proceed, consider ultra-short-term speculation rather than long-term holding, as there is no business recovery expected. |
Monitor news and financial results | Track any updates on the liquidation process, potential asset sales, or legal filings, as these can influence sudden price fluctuations even in a distressed asset. |
Use risk management tools | Set strict stop-loss orders and limit orders due to extreme volatility and thin trading volumes; never use margin for trades in Cyren. |
Sell at the right time | Be proactive: if the price rises due to speculative trading or unexpected news, consider selling quickly to lock in gains, as downward moves can happen rapidly. |
The latest news about Cyren
Cyren Ltd. remains in liquidation with no operations or business activity reported in the past week. The company has officially ceased operations since February 2023 and continues its process of winding down, with no indication of any reversal or restructuring activity within the last seven days. There have been no updates regarding asset sales, creditor settlements, or the emergence of a buyer, and all communication remains limited to official liquidation notices, confirming the terminal status of the company.
The OTC Markets ticker for Cyren (CYRNQ) evidences continued extreme illiquidity and a near-zero share price. Latest available trading data as of this week show the stock priced at $0.000001 with a capitalization of approximately $7-$8 and a negligible trading volume (171 shares), underlining an absence of investment activity or market interest. There have been no reports of renewed listings, corporate actions, or attempts to reconstitute the business in any market, including those relevant to South African investors.
There is no ongoing commercial, technical, or partnership presence of Cyren in South Africa as of this week. Review of official sources, South African regulatory disclosures, and recent news reveals no mention of Cyren operations, distributed products, collaborations, or technology support relevant to the South African market. All regional and global service offerings previously provided by Cyren appear to have been discontinued, with support channels, infrastructure, and partner programs permanently closed since the liquidation onset.
No regulatory or legal actions have been initiated or resolved concerning Cyren in South Africa or internationally in recent days. Monitoring of key regulatory bodies and public filings in both the US, Israel, and major regions including South Africa shows no new developments, lawsuits, creditor filings, or regulatory interventions that would affect residual equity or creditors—no signals have emerged suggesting any potential for value recovery or residual asset distribution to outside markets.
Official communication reiterates the speculative nature and residual value risk for shareholders, with no constructive developments to report. Company statements maintained on official investor relations platforms this week continue to emphasize the extreme risks and recommend avoiding trading in CYRNQ shares, as any price movements are decoupled from actual asset recovery potentials. This message aligns across all credible analysis and is consistent with a complete loss expectation for equity holders, with no positive signals or market recovery cues noted for ZA-based or international investors.
FAQ
What is the latest dividend for Cyren stock?
Cyren stock does not currently pay any dividend. In fact, the company has not issued any dividends historically, and as of February 2023, it is in liquidation and has ceased all operating activities. Therefore, there is no dividend yield or distribution policy available. This is typical for companies undergoing bankruptcy or liquidation proceedings.
What is the forecast for Cyren stock in 2025, 2026, and 2027?
Based on the current Cyren share price of $0.000001, projections calculate the end-of-year prices at $0.0000013 for 2025, $0.0000015 for 2026, and $0.000002 for 2027. While these numbers reflect the multiplication factor, Cyren is in active liquidation, so future price estimates are largely theoretical. The cybersecurity sector continues to grow globally, but Cyren itself is no longer a participant.
Should I sell my Cyren shares?
Holding on to Cyren shares must be viewed through the context of the company's ongoing liquidation. Despite the share's extremely low valuation and the firm’s ceased operations, there may be rare situations where maintaining the holding could be relevant—for example, in complex liquidation processes where residual value is theoretically possible. However, Cyren’s fundamentals suggest an extended period of uncertainty and a high risk of total loss.
How are Cyren shares taxed for South African investors?
For South African investors, Cyren shares fall under foreign share investment. Dividends (if any) would be subject to a 20% dividends tax, and capital gains are taxed according to local capital gains tax rules. Since Cyren pays no dividends and is in liquidation, only capital gains or losses on disposal may apply, and any US withholding tax does not apply in this case. Note that capital losses from foreign shares can typically offset gains on other investments for tax purposes in South Africa.
What is the latest dividend for Cyren stock?
Cyren stock does not currently pay any dividend. In fact, the company has not issued any dividends historically, and as of February 2023, it is in liquidation and has ceased all operating activities. Therefore, there is no dividend yield or distribution policy available. This is typical for companies undergoing bankruptcy or liquidation proceedings.
What is the forecast for Cyren stock in 2025, 2026, and 2027?
Based on the current Cyren share price of $0.000001, projections calculate the end-of-year prices at $0.0000013 for 2025, $0.0000015 for 2026, and $0.000002 for 2027. While these numbers reflect the multiplication factor, Cyren is in active liquidation, so future price estimates are largely theoretical. The cybersecurity sector continues to grow globally, but Cyren itself is no longer a participant.
Should I sell my Cyren shares?
Holding on to Cyren shares must be viewed through the context of the company's ongoing liquidation. Despite the share's extremely low valuation and the firm’s ceased operations, there may be rare situations where maintaining the holding could be relevant—for example, in complex liquidation processes where residual value is theoretically possible. However, Cyren’s fundamentals suggest an extended period of uncertainty and a high risk of total loss.
How are Cyren shares taxed for South African investors?
For South African investors, Cyren shares fall under foreign share investment. Dividends (if any) would be subject to a 20% dividends tax, and capital gains are taxed according to local capital gains tax rules. Since Cyren pays no dividends and is in liquidation, only capital gains or losses on disposal may apply, and any US withholding tax does not apply in this case. Note that capital losses from foreign shares can typically offset gains on other investments for tax purposes in South Africa.