KnowBe4, Inc. engages in the development of security awareness training and simulated phishing platform. Its security awareness platform enables organizations to assess, monitor, and minimize the ongoing cybersecurity threat of social engineering attacks. The company's products include Kevin Mitnick Security Awareness Training, a security awareness training product; KnowBe4 Enterprise Awareness Training, an integrated platform that simulated random attacks; KCM GRC Platform, a SaaS-based GRC platform; PhishER, analyses suspected attacks that employees report by clicking the Phish Alert Button within their email applications; and KnowBe4 Compliance Manager that help customers save time and resources by providing an intuitive user interface with streamlined workflows that enables visibility into the ongoing audit and compliance processes at various levels of the business. It also offers phishing test tools that help organizations assess their vulnerability to various formats of phishing attacks and benchmark their security awareness levels against their peers, as well as Phish Alert email add-in button, which allows users to forward email threats to the security team for analysis in one click; security awareness training tools that help IT teams create and deploy security awareness programs; password tools to evaluate password-related risks within organizations; email security tools to assess email-related security threats, including spear phishing, domain spoof, or mail server malfunctions; and malware tools to test an organization's network against ransomware and crypto-mining attacks. The company serves its customers directly through inside sales teams for enterprise and small and medium businesses, as well as indirectly through channel partners and managed service providers. The company was formerly known as SEQRIT, LLC and changed its name to KnowBe4, Inc. in January 2016. KnowBe4, Inc. was founded in 2010 and is headquartered in Clearwater, Florida.
IPO Year: 2021
Exchange: NASDAQ
Website: knowbe4.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/15/2022 | $25.00 | Buy | DA Davidson |
| 5/26/2022 | $25.00 | Overweight | Stephens |
| 2/17/2022 | $25.00 → $26.00 | Equal-Weight | Morgan Stanley |
| 1/25/2022 | $29.00 → $25.00 | Neutral | Citigroup |
| 11/4/2021 | $34.00 | Neutral → Buy | Goldman Sachs |
| 10/22/2021 | $35.00 | Outperform | Wolfe Research |
| 8/3/2021 | $22.00 → $23.00 | Equal-Weight | Morgan Stanley |
| 7/15/2021 | $26.00 → $33.00 | Buy → Neutral | Goldman Sachs |
| 7/14/2021 | $24.00 → $40.00 | Buy | Needham |
Reich to replace former CFO Krish Venkataraman as he transitions to the KnowBe4 Board of Directors KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced that new Chief Financial Officer Bob Reich has stepped into his role, replacing former CFO Krish Venkataraman who will transition to the KnowBe4 Board of Directors. Reich brings more than 25 years of leading transformative value creation strategies with extensive business and financial management expertise to his new role. He has held senior positions with a number of leading public and private equity sponsored companies. Most recently, he served as EVP and CFO of Catalin
Revenues increased 33.9% year-over-year to $85.8 millionAnnual recurring revenue (ARR) increased 32.4% year-over-year to $347.2 millionNumber of customers reached more than 54,200Net cash provided by operating activities was $32.7 million and free cash flow was $30.5 million TAMPA BAY, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security awareness training and simulated phishing platform, today reported results for the third quarter ended September 30, 2022. "We are pleased to report another quarter of progress toward our growth goals, with ARR reaching $347.2 million for the third quarter of 2022." said Stu Sjouwerman, founder and Chi
Revenues increased 36.1% year-over-year to $80.8 million Annual recurring revenue (ARR) increased 36.5% year-over-year to $328.3 millionNumber of customers reached more than 52,200Net cash provided by operating activities was $22.3 million and free cash flow was $19.1 million TAMPA BAY, Fla., Aug. 04, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security awareness training and simulated phishing platform, today reported results for the second quarter ended June 30, 2022. "We are pleased to report that we are continuing on our high-growth trajectory, with ARR reaching $328.3 million for the second quarter of 2022." said Stu Sjouwerman, founder and Chief E
TAMPA BAY, Fla., July 21, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), the provider of the world's largest security awareness training and simulated phishing platform, today announced that it expects to release financial results for its second quarter of 2022 before market on August 4, 2022. KnowBe4 will host a conference call and webcast that day at 8:30 am ET to discuss the results. The news release with the financial results will be accessible from the company's Investor Relations Website prior to the conference call, and the archived webcast will be available on the Investor Relations website shortly after the call. The conference call and webcast can be accessed as follows
Total GAAP revenue increased 40.1% year-over-year to $75.0 millionAnnual recurring revenue (ARR) increased 37.6% year-over-year to $305.9 millionTotal number of customers reached approximately 49,600Cash flow from operations was $25.1 million and free cash flow was $23.4 million TAMPA BAY, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security awareness training and simulated phishing platform, today reported results for the first quarter ended March 31, 2022. "We are pleased to report another outstanding quarter with ARR reaching $305.9 million and total customers closing in on 50,000." said Stu Sjouwerman, founder and chief executive offic
TAMPA BAY, Fla., April 26, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), the provider of the world's largest security awareness training and simulated phishing platform, today announced that it expects to release financial results for its first quarter of 2022 before market on May 10, 2022. KnowBe4 will host a conference call and webcast that day at 8:30 am ET to discuss the results. The news release with the financial results will be accessible from the company's Investor Relations Website prior to the conference call, and the archived webcast will be available on the Investor Relations website shortly after the call. The conference call and webcast can be accessed as follows: W
Fourth Quarter 2021 Financial Results GAAP revenue increased 40.6% year-over-year to $69.3 millionCash flow from operations was $21.0 million Free cash flow was $19.6 million and free cash flow margin was 28.2% Fiscal Year 2021 Financial Results GAAP revenue increased 40.8% year-over-year to $246.3 millionCash flow from operations was $76.8 million Free cash flow was $71.2 million and free cash flow margin was 28.9% Key Metrics Annual recurring revenue (ARR) increased approximately 44% year-over-year to $285.4 millionTotal number of customers reached more than 47,000 TAMPA BAY, Fla., Feb. 16, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security aware
TAMPA BAY, Fla., Jan. 31, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), the provider of the world's largest security awareness training and simulated phishing platform, today announced that it expects to release financial results for its fourth quarter of 2021 and full year 2021 after market on February 16, 2022. KnowBe4 will host a conference call and webcast that day at 4:30 pm ET to discuss the results. The news release with the financial results will be accessible from the company's Investor Relations Website prior to the conference call, and the archived webcast will be available on the Investor Relations website shortly after the call. The conference call and webcast can be
• Total GAAP revenue increased 42.6% year-over-year to $64.1 million • Annual recurring revenue increased 44.1% year-over-year to $262.2 million • Total number of customers reached more than 44,000 • Cash flow from operations was $19.9 million • Free cash flow was $18.0 million and free cash flow margin was 28.1% TAMPA BAY, Fla., Nov. 03, 2021 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security awareness training and simulated phishing platform, today reported results for the third quarter ended September 30, 2021. "Our third quarter results exceeded our expectations with record annual recurring revenue (ARR) of $262.2 million and tota
TAMPA BAY, Fla., Oct. 21, 2021 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), the provider of the world's largest security awareness training and simulated phishing platform, announced that they have entered into a material definitive agreement to acquire SecurityAdvisor for an estimated total purchase consideration of approximately $80 million, to be paid through a combination of cash and stock with both upfront and earnout components. The acquisition is expected to close during the fourth quarter of 2021, subject to the satisfaction of customary closing conditions. The innovative SecurityAdvisor technology utilizes integrations with over 50 leading vendors in the cybersecurity ecosyst
TAMPA BAY, Fla., Oct. 13, 2021 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), the provider of the world's largest security awareness training and simulated phishing platform, today announced that it expects to release financial results for its third quarter of 2021 before market on November 3, 2021. KnowBe4 will host a conference call and webcast that day at 8:30 am ET to discuss the results. The news release with the financial results will be accessible from the company's Investor Relations Website prior to the conference call, and the archived webcast will be available on the Investor Relations website shortly after the call. The conference call and webcast can be accessed as foll
Tampa Bay, FL, Feb. 07, 2023 (GLOBE NEWSWIRE) -- KnowBe4, a provider of the world's largest security awareness training and simulated phishing platform, today announced that it has joined the Microsoft Intelligent Security Association (MISA) and its new SecurityCoach product integrates with Microsoft security products including: Microsoft Azure Active DirectoryMicrosoft Defender for Cloud Apps The two security organizations have collaborated together to help reduce risky behavior with product integration to support real-time security coaching. SecurityCoach helps IT/security professionals to develop a strong security culture by enabling real-time security coaching of their user
TAMPA BAY, Fla., Jan. 24, 2023 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security awareness training and simulated phishing platform, today reported preliminary results for the fourth quarter ended December 31, 2022. Fourth Quarter 2022 Business and Financial Highlights Q4-2022 Q4-2021 (in thousands, except percentages and customers)Revenues, net $ 89,928 $ 69,307 Annual recurring revenue1 $ 367,731 $ 285,437 GAAP gross margin 85.4 % 86.2 %Non-GAAP gross margin1 86.4 % 87.2 %GAAP operating margin (23.0) % 10.3 %Non-GAAP operating mar
TAMPA BAY, Fla., Dec. 13, 2022 /PRNewswire/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced its support of the Metaverse Safety Week initiative. www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)" alt="KnowBe4 Inc www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)"> The Metaverse is designed to transform human engagement and interactions and push the boundaries of commercialization. It is also a whole new world with security risks, vulnerabilities and legitimate user concerns. People currently interested in the metavers
Netskope collaborates with KnowBe4 to help reduce risky behavior with integration to support real-time security coaching TAMPA BAY, Fla., Dec. 1, 2022 /PRNewswire/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced that its new SecurityCoach product now integrates with Netskope. The two security organizations have collaborated together to help reduce risky behavior with product integration to support real-time security coaching of users. www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)" alt="KnowBe4 Inc www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)">
KnowBe4 empowers end users by introducing security awareness and compliance training on the go at no additional cost TAMPA, Fla., Nov. 28, 2022 /PRNewswire/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced it is launching the new KnowBe4 Mobile Learner App to empower end users by introducing security awareness and compliance training on the go at no additional cost to customers, improving user engagement and strengthening security culture. www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)" alt="KnowBe4 Inc www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)">
Predicted trends include a focus on creating a security culture, a new social engineering battleground via social media scams, catastrophic attacks on critical infrastructure, deepfakes damaging reputations as well as a larger attack surface TAMPA BAY, Fla., Nov. 16, 2022 /PRNewswire/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced its 2023 cybersecurity predictions from its team of industry experts. www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)" alt="KnowBe4 Inc www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)">
Revenues increased 33.9% year-over-year to $85.8 millionAnnual recurring revenue (ARR) increased 32.4% year-over-year to $347.2 millionNumber of customers reached more than 54,200Net cash provided by operating activities was $32.7 million and free cash flow was $30.5 million TAMPA BAY, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) -- KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security awareness training and simulated phishing platform, today reported results for the third quarter ended September 30, 2022. "We are pleased to report another quarter of progress toward our growth goals, with ARR reaching $347.2 million for the third quarter of 2022." said Stu Sjouwerman, founder and Chi
KnowBe4 to offer unique and innovative product in a new cybersecurity category: Human Detection and Response (HDR), focused on the human layer of cybersecurity TAMPA BAY, Fla., Nov. 7, 2022 /PRNewswire/ -- KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced it is introducing SecurityCoach, a new, first of its kind product which offers real-time security coaching aimed at reducing risky behavior. HDR correlates, identifies and responds to the tens of thousands of detected events related to the risky security behavior of an organization's users being generated within their existing security infrastructure.
KnowBe4 ranked as #28 among 100 U.S. companies recognized for employee sentiment and satisfaction TAMPA BAY, Fla., Oct. 13, 2022 /PRNewswire/ -- Newsweek today announced their annual rankings for the Top 100 Most Loved Workplaces® list, and KnowBe4 was ranked #28. The 2022 Top 100 Most Loved Workplaces® are the result of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company. www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)" alt="KnowBe4 Inc www.knowbe4.com (PRNewsfoto/KnowBe4 Inc.)"> The results were determined after surveying
KnowBe4, Inc. (the "Company" or "KnowBe4") (NASDAQ:KNBE), the provider of the world's largest security awareness training and simulated phishing platform, today announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners ("Vista") in an all-cash transaction valued at approximately $4.6 billion on an equity value basis. Under the terms of the merger agreement, KnowBe4 stockholders will receive $24.90 per share in cash upon completion of the proposed transaction. The per share purchase price represents a 44 percent premium to the Company's unaffected closing price on September 16, 2022, the last full trading day before Vista publicly disclosed its initia
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KnowBe4, Inc. (NASDAQ:KNBE), provider of the leading security awareness training and simulated phishing platform, today reported preliminary results for the fourth quarter ended December 31, 2022. Fourth Quarter 2022 Business and Financial Highlights Q4-2022 Q4-2021 (in thousands, except percentages and customers) Revenues, net $ 89,928 $ 69,307 Annual recurring revenue1 $ 367,731 $ 285,437 GAAP gross margin 85.4 % 86.2 % Non-GAAP gross margin1 86.4 % 87.2 % GAAP operating ma
According to Benzinga Pro, during Q3, KnowBe4 (NASDAQ:KNBE) earned $6.51 million, a 94.59% increase from the preceding quarter. KnowBe4 also posted a total of $85.84 million in sales, a 6.28% increase since Q2. KnowBe4 earned $3.35 million, and sales totaled $80.76 million in Q2. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q3, KnowBe4 posted an ROCE of 0.03%. Keep in m
KnowBe4 (NASDAQ:KNBE) reported quarterly earnings of $0.04 per share. This is a 300 percent increase over earnings of $0.01 per share from the same period last year. The company reported $85.80 million in sales this quarter. This is a 33.87 percent increase over sales of $64.09 million the same period last year.
Upgrades According to Jefferies, the prior rating for Target Corp (NYSE:TGT) was changed from Hold to Buy. Target earned $0.39 in the second quarter, compared to $3.64 in the year-ago quarter. The current stock performance of Target shows a 52-week-high of $254.87 and a 52-week-low of $137.16. Moreover, at the end of the last trading period, the closing price was at $149.25. According to Redburn Partners, the prior rating for MongoDB Inc (NASDAQ:MDB) was changed from Sell to Neutral. For the second quarter, MongoDB had an EPS of $0.23, compared to year-ago quarter EPS of $0.24. The stock has a 52-week-high of $519.54 and a 52-week-low of $166.61. At the end of the last trading period, Mon
Cowen & Co. analyst Shaul Eyal downgrades KnowBe4 (NASDAQ:KNBE) from Outperform to Market Perform and lowers the price target from $28 to $24.9.
Over the past 3 months, 6 analysts have published their opinion on KnowBe4 (NASDAQ:KNBE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 3 0 0 Last 30D 0 0 2 0 0 1M Ago 1 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 0 0 0 In the last 3 months, 6 analysts have offered 12-month price targets for KnowBe4. The company has an average price target of $24.63 with a high of $25.00 and a low of $24.00. Below is a summary of how these 6 analysts rated KnowBe4 over the past 3 month
Upgrades TD Securities upgraded the previous rating for BCE Inc (NYSE:BCE) from Hold to Buy. In the second quarter, BCE showed an EPS of $0.68, compared to $0.68 from the year-ago quarter. The current stock performance of BCE shows a 52-week-high of $59.34 and a 52-week-low of $40.76. Moreover, at the end of the last trading period, the closing price was at $40.77. According to B of A Securities, the prior rating for Sonoco Products Co (NYSE:SON) was changed from Underperform to Buy. For the second quarter, Sonoco Products had an EPS of $1.76, compared to year-ago quarter EPS of $0.84. The current stock performance of Sonoco Products shows a 52-week-high of $67.06 and a 52-week-low of $51
DA Davidson analyst Rudy Kessinger downgrades KnowBe4 (NASDAQ:KNBE) from Buy to Neutral and lowers the price target from $25 to $24.9.
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DA Davidson initiated coverage of KnowBe4 with a rating of Buy and set a new price target of $25.00
Stephens initiated coverage of KnowBe4 with a rating of Overweight and set a new price target of $25.00
Morgan Stanley reiterated coverage of KnowBe4 with a rating of Equal-Weight and set a new price target of $26.00 from $25.00 previously
Citigroup resumed coverage of KnowBe4 with a rating of Neutral and set a new price target of $25.00 from $29.00 previously
Goldman Sachs upgraded KnowBe4 from Neutral to Buy and set a new price target of $34.00
Wolfe Research initiated coverage of KnowBe4 with a rating of Outperform and set a new price target of $35.00
Morgan Stanley reiterated coverage of KnowBe4 with a rating of Equal-Weight and set a new price target of $23.00 from $22.00 previously
Goldman Sachs downgraded KnowBe4 from Buy to Neutral and set a new price target of $33.00 from $26.00 previously
Needham reiterated coverage of KnowBe4 with a rating of Buy and set a new price target of $40.00 from $24.00 previously
Morgan Stanley reiterated coverage of KnowBe4 with a rating of Equal-Weight and set a new price target of $22.00 from $21.00 previously