da-kuk Cyberseurity firm CrowdStrike (NASDAQ:CRWD) reported better than expected eamings for the second fiscal quarter last week, which was a respectable achievenent considering that the company made headlines the world over with regard to the largest IT outage ever. In the context of this IT disuder, CrowdStrike lowered its full-year outlook, but only by a moderate amount. In my opinion, CrowdStrike continues to convince, especially with regard to is annual recurring revenues, and shares of the cybersecuri ...

- ATTER = H 1 III F F 10 F I 1 FIND DO 100 1 li I t 1 Sundry Photography Introduction In early June, I shared the following view on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) - After striking a bottom in the low $90s in early 2023, CRWD stock has moved up parabolically over the past twelve months or so to complete a V-shaped recovery from the 2021-22 bear market. WeBull Desktop However, since hitting new all-time highs of $365 in the immediate aftermath of its Q4 FY2024 report in March, CRWD stock pulled back ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends CrowdStrike. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CrowdStrike Holdings, Inc. (NASDAQ: CRWD). Shareholders who purchased shares of CRWD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/crowdstrike-loss-submission-form/?id=100118&from=4 CLASS PERIOD: November 2 ...

Core Insights - CrowdStrike's shares rose 19.6% in August 2024, indicating a recovery from a significant decline in July due to a service outage [1][3] - The July outage, caused by a problematic software update, led to a more than 40% drop in stock value, marking it as one of the most expensive technology outages in history [2][3] - Despite the recovery, investors experienced a 27.6% loss over the two-month period [3] Company Performance - The outage affected millions of computers running CrowdStrike Falcon, leading to widespread disruptions across various sectors, including airlines, financial services, and healthcare [3] - CrowdStrike responded quickly to the outage, providing remedies and ensuring that similar issues would not occur in the future through improved error-checking [4] - The company confirmed that the outage did not result in security breaches, and a significant customer committed to a larger long-term contract shortly after the incident [5] Financial Outlook - Management adjusted the full-year earnings guidance from $3.98 to $3.63 per share, citing challenges in contract renewals and the impact of loyalty-boosting rebates [5] - Despite the recovery in August, CrowdStrike's stock is still considered expensive, trading at 18 times sales and 57 times free cash flow [7] - Growth-oriented investors may view the price dip as a potential buying opportunity, although the long-term financial impact of the outage remains uncertain [8]

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Citi's 2024 Global TMT Conference September 4, 2024 12:30 PM ET Company Participants Burt Podbere - CFO Conference Call Participants Fatima Boolani - Citigroup Fatima Boolani I'm Fatima Boolani. I jointly run the software research team here, and I have the absolute pleasure of hosting Burt Podbere, the CFO of CrowdStrike. Burt, you are the prettiest girl at this dance so I'm going to say it out. And look, I want to start the conversation off -- from the standpoint of ...

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Citi's 2024 Global TMT Conference September 4, 2024 12:30 PM ET Company Participants Burt Podbere - CFO Conference Call Participants Fatima Boolani - Citigroup Fatima Boolani I'm Fatima Boolani. I jointly run the software research team here, and I have the absolute pleasure of hosting Burt Podbere, the CFO of CrowdStrike. Burt, you are the prettiest girl at this dance so I'm going to say it out. And look, I want to start the conversation off -- from the standpoint of ...

BofA Securities analyst Tal Liani maintained a Buy rating on CrowdStrike Holdings, Inc CRWD with a price target of $365. The price target reflects 17x Liani's fiscal 2026 EV/Sales, which is a premium to high-growth Software as a Service (SaaS) peers, supported by CrowdStrike's competitive solid positioning in endpoint security and longterm growth opportunities across Cloud security, log management, and identity protection. In addition, the analyst flagged CrowdStrike's higher growth profile and potential to ...

Despite a historic mishap, CrowdStrike's business remains strong. I'll go ahead and say what everyone is thinking: Causing the largest global IT outage in history is bad. Unfortunately, that's what CrowdStrike (CRWD -3.85%) did on July 19, and its stock has taken a huge hit because of it. Since hitting a peak on July 8, CrowdStrike's stock is down close to 30% (as of Aug. 30). That's bad news for investors with shares before then, but it's an opportunity for people looking to begin or increase a stake in th ...

Core Viewpoint - The impact of the July 19 outage on CrowdStrike's business is less severe than initially feared, with the company showing resilience in its financial performance and customer retention [1][2][10]. Group 1: Incident Overview - On July 19, a software update malfunction caused approximately 8.5 million Windows-based computers to crash, resulting in an estimated loss of $5.4 billion for CrowdStrike's largest customers [1]. - Following the incident, CrowdStrike's stock fell 36% to a low of $218, but rebounded with a 20% gain in August as the fallout was less damaging than anticipated [2]. Group 2: Financial Performance - CrowdStrike reported Q2 revenue of $963.9 million, a 32% increase year-over-year, exceeding management's forecast, indicating minimal financial impact from the outage [9]. - The company's fiscal 2025 revenue guidance was revised down by only 2.5% to $3.9 billion, still representing a 27.5% growth from fiscal 2024 [10]. Group 3: Customer Contracts and Market Position - CEO George Kurtz indicated that many customer contracts would be delayed rather than canceled, suggesting that most potential customers remain interested despite the incident [11]. - CrowdStrike aims to reach $10 billion in annual recurring revenue (ARR) by fiscal 2031, with a current ARR of $3.86 billion, indicating a target growth of 159% over the next six years [12]. Group 4: Competitive Landscape and Valuation - CrowdStrike's stock trades at a price-to-sales (P/S) ratio of around 19, down from nearly 30 in July, but still higher than its main competitor, Palo Alto Networks, which has a P/S ratio of 15.9 [14]. - The company justifies its premium P/S ratio due to a 32% revenue growth in the recent quarter compared to Palo Alto's 12% [14]. Group 5: Future Outlook - Based on current information, CrowdStrike's stock is expected to continue its recovery, with potential to reach its all-time high of $390 within the next year as it approaches its $10 billion ARR target [15].