Did Google Just Say "Checkmate" to CrowdStrike?
It's been a turbulent year for cybersecurity company (NASDAQ: CRWD) Last July, a glitch was identified during an update to CrowdStrike's software -- ultimately resulting in widespread outages across the world for many of its customers.
Reputational damages and frustrated customers were some of the more obvious near-term headwinds the company had to face. Over the last several quarters, CrowdStrike has moved on from its IT disaster with little noticeable harm.
I say this because the company, by most accounts, looks OK considering how detrimental this problem could have become. However, a more thorough review of the financials may suggest CrowdStrike is at a crossroads.
Source Fool.com
CrowdStrike Holdings Inc Stock
€185.44
3.020%
With 99 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 196 € there is a slightly positive potential of 5.69% for CrowdStrike Holdings Inc compared to the current price of 185.44 €.
