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CrowdStrike: What's Happening With CRWD Stock?
Forbesยท 2025-09-18 13:25
Group 1 - CrowdStrike stock (NASDAQ: CRWD) has experienced six consecutive days of gains, resulting in a cumulative return of 5.2% and a market value increase of approximately $5.8 billion, bringing its total market value to around $111 billion [2][4] - The company announced its goal to reach $20 billion in Annual Recurring Revenue (ARR) by fiscal year 2036, alongside specific financial targets for fiscal year 2027, including over 20% net new ARR growth and a non-GAAP operating margin of 24% or more [3] - The stock is currently 30.2% higher than its value at the end of 2024, contrasting with year-to-date returns of 12.2% for the S&P 500 [4] Group 2 - CrowdStrike offers cloud-based protection for endpoints, cloud workloads, identity, and data through its subscription-based Falcon platform [5] - The recent price target increases from Wall Street analysts have contributed to the stock's rally, indicating rising investor confidence [3][6] - There are currently 33 S&P constituents that have experienced three or more days of consecutive gains, highlighting a broader trend in the market [7]