Is CrowdStrike Stock Set to Soar?
CrowdStrike (NASDAQ: CRWD) was nearly the undisputed best cybersecurity investment prior to its July 19 outage incident. After that problem, CrowdStrike's position seemed a little less certain. With all the computers CrowdStrike's update crashed on, the knee-jerk reaction was to sell the stock because it was trading at a premium price point, and nobody knew what the long-term effects on its business would be.
However, investors have recently received some updates on its status, which has caused the stock to move higher. So, with new news in hand, could CrowdStrike soar to new all-time highs?
CrowdStrike's all-time high was set in early July, with shares closing at $392. That means it's off those highs by around 25%, a significant gap to close.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is one of the favorites of our community with 100 Buy predictions and 1 Sell predictions.
As a result the target price of 180 € shows a slightly positive potential of 8.76% compared to the current price of 165.5 € for CrowdStrike Holdings Inc.
