The stock rallied despite its lowered guidance. A lot of eyes were on CrowdStrike (CRWD 2.06%) when the cybersecurity company reported its fiscal second-quarter results, as investors looked to get a better sense of what the fallout would be from its wellcovered outage this summer. Despite losing more than a quarter of its value since the beginning of July, the stock has nearly doubled over the past year. Let's take a closer look at the company's most recent results and whether the worst appears to be behind ...

The July 19 incident was at the center of CrowdStrike's latest earnings report, which turned out better than expectations. Shares of CrowdStrike Holdings (CRWD 2.06%) shot up an impressive 83% in the past year, but the stock has been in free-fall mode in the past month and a half thanks to a faulty software update that caused a global IT outage on July 19. More specifically, CrowdStrike stock lost 13% of its value since that day. It is also worth noting that the cybersecurity stock has retreated nearly 33% ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In CrowdStrike To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in CrowdStrike between November 29, 2023 and July 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Aug. 31, 2024 ...

RADNOR, Pa., Aug. 31, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ: CRWD) on behalf of investors who purchased or otherwise acquired CrowdStrike Class A common stock between November 29, 2023 and July 29, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is September 30, 2024. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: I ...

Is Wall Street warming back up to CrowdStrike after last month's computer systems meltdown? CrowdStrike (CRWD 2.06%) stock climbed again in Friday's trading. The cybersecurity company's share price closed out the daily session up 2.1%, according to data from S&P Global Market Intelligence. CrowdStrike published its second-quarter results after the market closed on Wednesday; it delivered better-thanexpected performance in the period and guidance that wasn't as bad as some investors had feared. Following the ...

RADNOR, Pa., Aug. 30, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas against CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ: CRWD) on behalf of investors who purchased or otherwise acquired CrowdStrike Class A common stock between November 29, 2023 and July 29, 2024, inclusive (the "Class Period"). The lead plaintiff dea ...

Shares of CrowdStrike Holdings Inc. (CRWD, Financial) recently experienced a significant plunge, shedding over 42% of their value within just two weeks, which wiped out approximately $40 billion of its market cap. The sharp decline was triggered by an unexpected issue when the company released a flawed sensor configuration update for its Falcon platform, resulting in around 8.50 million Windows devices crashing. The impact was severe, affecting critical facilities such as airports and hospitals, leading to ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying CRWD stock? Here's what analysts think: | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------|-----------------------------------|-------|-------|----------|-------------------------------------------------------------------------------------------------------- ...

Company Performance - CrowdStrike Holdings, Inc (CRWD) beat both revenue and non-GAAP EPS estimates in Q2 FY2025, with revenue growth at 31.7% YoY [2][5] - The company forecasted a disappointing outlook, with YoY growth expected to decelerate to 24.9% in 3Q and 21.8% in 4Q [5] - CRWD's RPO growth slowed to 36% YoY in 2Q, with a 1% sequential decline in ARR growth [6] - The company expects a $30 million additional cost from the concession package in 3Q FY2025, impacting net new ARR and subscription revenue by $60 million and professional service revenue by $5 million in 2H FY2025 [5][7] Market Position and Competition - CRWD faces increasing competition from cybersecurity peers like SentinelOne (S) and Palo Alto Networks (PANW), with SentinelOne's bookings increasing by 29% sequentially and YoY [9] - The company may experience incremental market share loss in the near term, particularly in the Endpoint Security market [9] - Competitors are capitalizing on CRWD's recent IT outage, with SentinelOne raising its forward revenue outlook [9] Financial Metrics and Valuation - CRWD's non-GAAP EBIT margin is expected to contract in 2H FY2025 due to additional G&A expenses, with a YoY decline in non-GAAP EPS for 3Q and 4Q [8] - The company's EV/sales TTM is trading at 19.1x, higher than PANW and S, and its non-GAAP P/E fwd sits at 69x, more expensive than Nvidia's 46x and PANW's 55x [10] - Management anticipates a gradual improvement in EBIT margin in FY2026, focusing on customer retention and R&D investments [8] Strategic Initiatives - CRWD has implemented a customer commitment package to strengthen customer retention and increase Falcon adoption, aiming to enhance platform value realization in the short and long term [7][10] - The company is offering concessions, such as discounts, to preserve goodwill, which may lead to a significant slowdown in ARR growth in the coming quarters [2][5]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In CrowdStrike To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in CrowdStrike between November 29, 2023 and July 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Aug. 29, 2024 ...