1 Green Flag and 1 Red Flag for CrowdStrike Stock
Founded in 2011, (NASDAQ: CRWD) has quickly risen to become one of the leading players in the cybersecurity industry. The company's Falcon platform is built around artificial intelligence (AI) technologies that help identify threats and prevent computers, mobile devices, and other hardware from being used to breach and exploit networks.
But while CrowdStrike's share price is up roughly 164% from market close on the day of its initial public offering in June 2019, the stock has seen some volatile trading in conjunction wtih macroeconomic pressures that spurred sell-offs for growth stocks. Despite regaining some ground this year, CrowdStrike still trades down 48% from its peak.
So what comes next for the cybersecurity leader? Let's examine the bullish and bearish catalysts that could shape how the stock performs going forward.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 105 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 341 € there is a slightly positive potential of 18.3% for CrowdStrike Holdings Inc compared to the current price of 288.25 €.
