Among Monday's developments for cybersecurity stocks, CrowdStrike Holdings' price point was lowered ahead of its earnings report and private equity firm Thoma Bravo acquired Verint Systems. CrowdStrike stock has gained 21% in 2025.
In addition, Cloudflare added to its Zero Trust offerings. Netskope, a rival of Palo Alto Networks and Zscaler, plans an initial public offering.
BMO Markets analyst Keith Bachman lowered his price target for CrowdStrike stock to 460 to 500.
"We are cautious going into the (Q2) print based on concerns around potential second half fiscal 2026 guidance comments," he said in a report. "Further, we believe that CrowdStrike needs to grow annual recurring revenue and revenues by at least 22% to 23% year-over-year in fiscal 2027 to move the shares meaningfully higher."
CrowdStrike reports second quarter earnings on Wednesday. CrowdStrike earnings are expected to grow 21% to 83 cents with revenue rising 19% to $1.150 billion.
Cybersecurity Stocks: Verint Acquired
Meanwhile, private equity firm Thoma Bravo agreed to buy Verint in a $2 billion all-cash deal.
Under the terms of the agreement, Verint shareholders will receive $20.50 per share in cash reflecting an 18% premium to Verint's 10-day volume weighted average share price up to June 25, 2025.
Thoma Bravo acquired Dayforce last week in a $12 billion deal.
Further, Thoma Bravo has also acquired Coupa Software, Anaplan, and Everbridge as well as cybersecurity firms Proofpoint, SailPoint, Ping Identity and ForgeRock. SailPoint again trades as a public company.
Meanwhile, Cloudflare added new features to its Zero Trust platform that allow customers to automatically analyze and set controls on how generative artificial intelligence is used throughout their organization. Zero trust cybersecurity models focus on internal threats, such as hackers stealing someone's security credentials.
Netskope IPO
Netskope, which offers services that combine network and security controls, also is a player in Zero Trust. Netskope plans to list on the Nasdaq stock exchange.
Netskope competes in the stocks — Secure Access Service Edge, or SASE, market. SASE offers a fast and cost-effective way of securing an organization's branch offices and remote workers.
In a regulatory filing, Netskope said it posted a net loss of $169.5 million on revenue of $328.5 million in the six months ended July 31, narrowing from a net loss of $206.7 million on revenue of $251.3 million a year earlier. Annual recurring revenue (ARR) increased by 33% year-over-year, to $707 million, the company said.
The cybersecurity stock will trade under the symbol NTSK.
CrowdStrike Stock Technical Rating
On the stock market today, CrowdStrike stock rose a fraction to 421.73. Cloudflare stock dipped a fraction to near 195.
Meanwhile, CrowdStrike stock holds an Accumulation/Distribution Rating of E. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.
Cloudflare stock has advanced 74% in 2025.
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