Where Will CrowdStrike Stock Be in 1 Year?
(NASDAQ: CRWD) posted its latest earnings report on Nov. 28. For the third quarter of fiscal 2024, the cloud-based cybersecurity company's revenue rose 35% year over year to $786 million and topped analysts' estimates by $9 million. Its adjusted earnings per share (EPS) more than doubled to $0.82 and cleared the consensus forecast by $.08.
Those headline numbers were impressive, but does CrowdStrike's stock still have room to run after rallying more than 50% over the past 12 months? Let's see where this growing cybersecurity company might be headed over the next year.
Image source: Getty Images.
Source Fool.com
CrowdStrike Holdings Inc Stock
€322.25
-0.400%
The stock is an absolute favorite of our community with 106 Buy predictions and no Sell predictions.
As a result the target price of 348 € shows a slightly positive potential of 7.99% compared to the current price of 322.25 € for CrowdStrike Holdings Inc.
