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Why Analysts Are Still Bullish on CrowdStrike's Stock Despite Post-Earnings Slump
CRWDCrowdStrike(CRWD) 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 ...