Is there an expected increase in demand for CrowdStrikeâs SaaS Security Posture Management solutions that could boost revenue forecasts?
Answer
Yes â the GigaOm Radar accolade points to a likely lift in demand for CrowdStrikeâs SaaSâŻSecurityâŻPostureâŻManagement (SSPM) platform, which could translate into higher nearâterm revenue forecasts. The report crowns CrowdStrike as the only vendor to earn both âLeaderâ and âOutperformerâ designations, giving it perfect 5âpoint scores in key evaluation criteria such as SaaS support, policy management and overall platform breadth. In the enterpriseâsecurity market, thirdâparty validation of this magnitude typically accelerates adoption cycles, especially among midâmarket and largeâenterprise customers that are still building out cloudâsecurity stacks. Management has already highlighted SSPM as a growth engine in its FYâ2025 guidance; the new recognition should help close more crossâsell and upsell opportunities, shorten salesâcycle times and broaden the addressable market beyond its core endpointâdetection business.
From a technical standpoint, the stock has been trading in a tight 20âday range around $115â$125 after the recent earnings beat, but the news catalyst broke the upper boundary of that range, generating a modest bullish breakout on higher volume. The relativeâstrength index (RSI) is hovering near 55, indicating room for upside without being overbought, while the 50âday moving average is still below the current price, providing a supportive trend line. For traders, the signal suggests a shortâterm entry on a pullâback to the $120â$122 support zone with a target near $135 (ââŻ15âŻ% upside) if the market digests the upsideârevenue narrative. Conversely, a breach below $115 could signal that the market is pricing in execution risk and would merit a defensive stop or a shift to a more defensive stance.
Actionable takeâaway: The GigaOm recognition is a credible driver of expanding SSPM demand and should be factored into any forwardâlooking revenue model for CrowdStrike. For the market, the catalyst supports a bullishâbiased, shortâtoâmediumâterm tradeâbuy on a modest dip near $120 with a stop just below $115 and a profit target in the $135â$140 range, while keeping an eye on the upcoming earnings call for any updates to the SSPM pipeline.