Oppenheimer analysts provided their views on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) following the 2022 Investor Briefing at the company’s annual Fal.Con conference.
Highlights included: (1) Falcon Insight XDR, which offers third-party connectors for all existing EDR customers, (2) the addition of new CNAPP capabilities (CIEM) and the introduction of Falcon Discover for IoT, and (3) the introduction of CrowdStrike’s new observability solution, Falcon Log Scale, which builds on the technology from the Humio acquisition.
The company announced its expansion into the nascent Attack Surface Management space with its acquisition of EASM vendor Reposify. Reposify’s technology provides customers with an attacker’s view of their external assets. The analysts believe the acquisition will provide a strong standalone offering within CrowdStrike’s Threat Intelligence product suite, and see technological synergies with Falcon Intelligence, Recon, Spotlight, and Discover.
Overall, the analysts see more expansion opportunities in the future and come away bullish believing the company has several long-term growth avenues across XDR, cloud security, and identity threat protection.
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