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
€391.35
-0.150%
The stock is one of the favorites of our community with 134 Buy predictions and 2 Sell predictions.
As a result the target price of 441 € shows a slightly positive potential of 12.69% compared to the current price of 391.35 € for CrowdStrike Holdings Inc.
