CrowdStrike(CRWD)
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CrowdStrike Shares Dip Despite Strong Showing. Is This a Golden Opportunity to Buy the Stock?
The Motley Fool· 2024-12-01 10:35
Share prices of CrowdStrike (CRWD -0.47%) fell after the company reported its fiscal third-quarter results, as it continues to deal with the aftermath of the network outage that affected its clients earlier this year. The stock, nonetheless, has largely recovered from that incident and is up about 36% on the year as of this writing, even after the post-earnings pullback.Let's take a closer look at the cybersecurity company's most recent results to see whether this dip is a good opportunity to buy the stock. ...
1 Artificial Intelligence (AI) Growth Stock to Buy as Part of Your 2025 New Year's Resolution
The Motley Fool· 2024-12-01 10:09
A new year is approaching, so it might be a good time to consider new opportunities.CrowdStrike (CRWD -0.47%) developed a cybersecurity platform designed to protect every layer of a business, and it uses artificial intelligence (AI) to automate everything from threat hunting to incident response.The company initiated a cascading incident on July 19 when it released a corrupted software update to customers that crashed millions of computers used by thousands of businesses worldwide. The incident was resolved ...
CrowdStrike Reaches The $1b Milestone; What's Next?
Seeking Alpha· 2024-12-01 02:43
Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Michael takes a macro-value-oriented approach to investment analysis and prides himself in being able to make investment recommendations based on cross-industry analysis.Analyst ...
CrowdStrike: Snafus Impact Still Lingering - More Correction Likely
Seeking Alpha· 2024-11-30 15:00
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...
Buy Alert: Bullish signal hints at CrowdStrike stock surge to $800
Finbold· 2024-11-28 10:58
Though it started the year strong, CrowdStrike (NASDAQ: CRWD) experienced a stock market catastrophe when one of its software updates caused a global IT outage. The event severely shook the firm’s reputation, and CRWD shares plunged approximately 42.9% from about $380 to near $217 between mid-July and early August.CRWD stock YTD price chart. Source: FinboldBy Thanksgiving 2024, the situation had drastically changed, and CrowdStrike not only showcased its recovery in the latest earnings report, but its stock ...
Why Analysts Are Still Bullish on CrowdStrike's Stock Despite Post-Earnings Slump
Investopedia· 2024-11-27 18:55
Key TakeawaysCrowdStrike shares slumped Wednesday, a day after the cybersecurity company posted a surprise loss for the third quarter.Analysts remained bullish in the wake of the results, with some raising their price targets for the stock.Despite Wednesday's losses, CrowdStrike shares have gained more than one-third of their value since the start of the year. CrowdStrike (CRWD) shares slumped Wednesday, a day after the cybersecurity company reported an unexpected loss for the third quarter as it grapples w ...
CrowdStrike Sees Strong Module Adoption, Valuation Concerns Persist: Analysts
Benzinga· 2024-11-27 17:48
CrowdStrike Holdings Inc CRWD stock is trading lower Wednesday after the company reported third-quarter financial results.On Tuesday, CrowdStrike reported third-quarter revenue of $1.01 billion, up 29%, beating the consensus estimate of $982.36 million. The company reported adjusted EPS of $0.93, beating analyst estimates of $0.81. Annual recurring revenue increased 27% to $4.02 billion.Also Read: Microsoft’s Brad Smith Urges Trump Government to Tackle Growing Cyber ThreatsCrowdStrike expects fourth-quarter ...
CrowdStrike Q3: Sellers Have It Backwards -- Reiterating Buy
Seeking Alpha· 2024-11-27 17:37
Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here .We're picking up our coverage of CrowdStrike Holdings, Inc. (NASDAQ: CRWD ) after the company reported its Q3 FY24 results Tuesday after the bell, causing a pre-market pullback on management's softer-than-expected guidance forAnalyst’s Disclosure: I/we have no stock, option or similar deriva ...
Analysts revise CrowdStrike stock price after Q3 earnings and Q4 forecast
Finbold· 2024-11-27 17:26
Wall Street is reacting to CrowdStrike’s (NASDAQ: CRWD) full-quarter earnings report after the cybersecurity giant experienced a major global IT outage in July.Although the outage had raised concerns about the company’s client retention abilities, CrowdStrike reported a solid Q3, beating analysts’ estimates in key areas.Revenue came in at $1.01 billion, surpassing estimates of $982.8 million, marking a 29% year-over-year increase. Subscription revenue hit $962.7 million, exceeding expectations of $933.6 mil ...
Why CrowdStrike Stock Dropped Today Even After Beating Expectations and Raising Guidance
The Motley Fool· 2024-11-27 17:16
Shares of cloud-based cybersecurity company CrowdStrike Holdings (CRWD -6.18%) dropped on Wednesday after the company reported financial results for its fiscal third quarter of 2025. Results beat expectations and management raised its full-year guidance. But it didn't raise guidance as much as investors had hoped, which is why CrowdStrike stock was down about 5% as of 10:30 a.m. ET.CrowdStrike's business remains resilientBack on July 19, a glitch in an update to CrowdStrike's software caused massive IT outa ...