CrowdStrike: Higher Sales, Higher Costs
Here's our initial take on 's (NASDAQ: CRWD) financial report.
Coming up on the one-year anniversary of CrowdStrike's disastrous July 2024 global outage, the cybersecurity company continues to make progress moving past the incident. CrowdStrike beat earnings per share (EPS) estimates for the quarter and matched on revenue, though earnings, free cash flow, and growth in annual recurring revenue (ARR) all were down year over year.
Image source: CrowdStrike.
Source Fool.com
CrowdStrike Holdings Inc Stock
€336.65
-1.560%
The stock is one of the favorites of our community with 128 Buy predictions and 2 Sell predictions.
As a result the target price of 447 € shows a positive potential of 32.78% compared to the current price of 336.65 € for CrowdStrike Holdings Inc.
