Falcon Privileged Access module
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Why It May Be Time to Buy CrowdStrike Stock Heading Into Earnings
MarketBeatยท 2025-04-24 11:01
Core Viewpoint - CrowdStrike Holdings Inc. (NASDAQ: CRWD) has seen a 25% increase in stock price over the last 12 months, with strong potential for further growth in the cybersecurity sector [1][9]. Group 1: Stock Performance and Technical Analysis - CRWD stock has shown resilience, bouncing off a low in early April and consolidating around its 50-day and 100-day simple moving averages (SMA) [2]. - As of April 22, CRWD stock is up 6% in 2025, indicating investor interest in stocks that have outperformed in a weak market [2][9]. Group 2: Earnings and Revenue Growth - CrowdStrike is expected to report earnings in June, which will be crucial for assessing its growth trajectory [3]. - The company reported revenue of $1.06 billion in its most recent quarter and provided guidance for over $4 billion in revenue for the 2026 fiscal year [4]. Group 3: Product Development and Customer Retention - CrowdStrike continues to enhance its cybersecurity offerings, recently launching the Falcon Privileged Access module and Charlotte AI Agentic Detection Triage [5]. - The company has strong customer retention, which is expected to continue as it rolls out new products [4]. Group 4: Market Conditions and Analyst Sentiment - Despite being largely immune to tariff issues, CrowdStrike is still affected by broader market movements and investor profit-taking [8][9]. - Analysts remain bullish on CRWD, with a 12-month price forecast of $400.76, indicating a moderate buy rating based on 45 analyst ratings [10][11].