KnowBe4, Inc. (KNBE) engages in the development, marketing, and sale of its Software-as-a-Service-based security awareness platform.
The company provides a platform incorporating security awareness training and simulated phishing with analytics and reporting that helps organizations manage the ongoing problem of social engineering.
Its products include Kevin Mitnick Security Awareness Training, a security awareness training product; Compliance Plus, a compliance training product, which enables organizations to offer their employees with relevant, timely, and engaging compliance content across a range of topics from data privacy to diversity, equity, and inclusion; PhishER, its security orchestration, automation, and response product, which enables security professionals to prioritize and automate security workstreams in response to attacks targeted at the human layer; and KnowBe4 Compliance Manager, its governance, risk, and compliance product that enables organizations to analyze security risk and automate the management of compliance and audit functions.
The company also offers Security Coach, a solution to address human behavior risks through human detection and response; and PasswordIQ that would be used to mitigate risk related to password hygiene issues, such as weak or breached passwords. Shares have formed a bullish "flag" following receipt of a buyout offer. On September 19th, Vista Equity offered to take the company private at $24 per share. Higher share prices are expected for this stock. We expect a $30 per share take out.
Entry Point: $22.00
Stop Loss: $20.50
Trading Range: $13.78 - $29.50
Target Price: $25.00