Both companies saw strong performance this year, but CrowdStrike's recent technical outage could be a turning point. Or is it better to buy shares in a CrowdStrike rival, such as Palo Alto Networks (PANW 2.09%)? The stock's price has risen in the wake of CrowdStrike's botched software update. Let's compare these two cybersecurity companies to decide which is the better investment. One reason is CrowdStrike's outsize revenue growth. In its fiscal first quarter, ended April 30, the company delivered $921 mill ...

The growth potential of cybersecurity is good news for CrowdStrike and its investors. CrowdStrike Holdings (CRWD 0.79%) is one of the leaders in cybersecurity and continues to gain momentum by the day. When it released its Falcon platform in 2013, it was viewed as one of the pioneers of cloud-native solutions powered solely by artificial intelligence (AI). Since its initial public offering (IPO) on June 12, 2009, CrowdStrike's stock has increased by around 320%. Had you invested $25,000 in the company durin ...

Analysts are adjusting their expectations for CrowdStrike stock after last week's debacle. CrowdStrike's update on the big IT outage hasn't comforted investors Analysts are cutting price targets on CrowdStrike In an optimistic scenario, Barclays thinks that CrowdStrike could climb back to $310 per share over the next year. But the firm also sees a risk that shares could fall to as low as $210 per share. Last Friday, CrowdStrike's software was at the center of a major IT outage -- and the event has triggered ...

Visit: RespectResults.com to learn more. Contact: Stuart J. Guber, Director of Shareholder Services and Securities Litigation Email: stuart.guber@poulinwilley.com POULIN | WILLEY ANASTOPOULO Charleston, South Carolina, July 26, 2024 (GLOBE NEWSWIRE) -- Poulin Willey Anastopoulo LLC is investigating potential claims on behalf of purchasers of CrowdStrike Holdings, Inc. ("CrowdStrike" or "Company"). Investors who purchased the securities of CrowdStrike (NASDAQ:CRWD) are encouraged to contact us concerning the ...

Charleston, South Carolina, July 26, 2024 (GLOBE NEWSWIRE) -- Poulin Willey Anastopoulo LLC is investigating potential claims on behalf of purchasers of CrowdStrike Holdings, Inc. ("CrowdStrike" or "Company"). Investors who purchased the securities of CrowdStrike (NASDAQ:CRWD) are encouraged to contact us concerning their investment losses and any additional information they may have about CrowdStrike that may aid in the investigation. The investigation concerns whether CrowdStrike and its officers and/or d ...

Tech stocks comprise many of the S&P 500 and the Nasdaq Composite. This sector features many highgrowth companies that can scale their revenue and profits over time. Many corporations within the industry have annual recurring revenue models. However, a major weakness of most tech stocks is that they amass high valuations. Many investors get excited about a tech stock's long-term potential, and they pile into the stock. That results in astronomical P/E ratios. Those elevated valuations require impressive fin ...

CrowdStrike CEO George Kurtz announced that the company is still working to restore systems a week after causing a global computer outage that rippled through the global economy. As of Thursday, more than 97% of Windows sensors were back online, Kurtz wrote in a LinkedIn post. "This progress is thanks to the tireless efforts of our customers, partners, and the dedication of our team at CrowdStrike," he said. "However, we understand our work is not yet complete, and we remain committed to restoring every imp ...

If you're a CrowdStrike (CRWD -1.55%) investor like myself, you've had a rough few days. After approaching nearly $400 at the beginning of July, it tumbled significantly after an automatic update rendered some Windows-powered devices unable to run. CrowdStrike's software failure has many investors concerned. If you're a prospective CrowdStrike customer and were going to sign a contract to use its software, would you still do it now, days after the failure? Perhaps not. The same goes for any clients looking ...

In this article CRWD Harun Ozalp | Anadolu | Getty Images CrowdStrike rolled back the update to fix the issue. "I am deeply sorry for the disruption this outage has caused and personally apologize to everyone impacted. While I can't promise perfection, I can promise a response that is focused, effective, and with a sense of urgency," he wrote on LinkedIn. The blue screen of death errors on computer screens are viewed due to the global communications outage caused by CrowdStrike, which provides cyber securit ...

If you purchased or otherwise acquired CrowdStrike shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. NEW YORK, July 25, 2024 (GLOBE NEWSW ...