SailPoint's 15min chart triggered Bollinger Bands Narrowing, Bearish Marubozu signal.

Based on the 15-minute chart for SailPoint, the Bollinger Bands Narrowing and Bearish Marubozu signal at 13:00 on August 29, 2025, indicates a reduction in the magnitude of stock price fluctuations, suggesting that sellers are exerting control over the market. This bearish momentum is likely to persist.

In the realm of cybersecurity stocks, significant developments unfolded on Monday. Among the highlights, CrowdStrike Holdings' (CRWD) stock price target was lowered ahead of its earnings report, and private equity firm Thoma Bravo acquired Verint Systems (VRNT) in a $2 billion deal. Additionally, Netskope, a rival of Palo Alto Networks (PANW) and Zscaler (ZS), plans an initial public offering (IPO).

BMO Markets analyst Keith Bachman reduced his price target for CrowdStrike stock from 500 to 460 to 500. This adjustment reflects concerns about potential second half fiscal 2026 guidance comments and the need for CrowdStrike to grow its annual recurring revenue by at least 22% to 23% year-over-year in fiscal 2027 to move the shares higher [1].

CrowdStrike is expected to report its second quarter earnings on Wednesday, with earnings growing by 21% to 83 cents and revenue rising by 19% to $1.150 billion [1].

In a separate move, Thoma Bravo agreed to acquire Verint Systems for $2 billion in an all-cash deal. Verint shareholders will receive $20.50 per share, representing an 18% premium to the 10-day volume weighted average share price up to June 25, 2025 [1]. This acquisition follows Thoma Bravo's recent $12 billion deal for Dayforce (DAY) and other acquisitions such as Coupa Software, Anaplan, and Everbridge [1].

Meanwhile, Netskope, which offers services that combine network and security controls, is planning an IPO. Netskope is a player in the Zero Trust cybersecurity space and aims to list on the Nasdaq stock exchange [1].

On the stock market today, CrowdStrike stock rose a fraction to 421.73, while Cloudflare (NET) dipped slightly to near 195. CrowdStrike stock holds an Accumulation/Distribution Rating of E, indicating heavy selling, and a Composite Rating of 72 out of a best-possible 99 according to IBD Stock Checkup [1]. Cloudflare stock has advanced 74% in 2025 [1].

References:
[1] https://www.investors.com/news/technology/crowdstrike-stock-price-target-cut-verint-acquired-netskope-ipo/?mod=newsviewer_click&refcode=aflMarketWatch&src=A00619