Why I'm Still Not Buying CrowdStrike Stock
Cybersecurity specialist (NASDAQ: CRWD) has had a very strong week, with shares rising about 12% since late February. The gain has been, in part, fueled by a strong fiscal fourth-quarter earnings report. The company, which operates a massive cybersecurity platform that protects endpoints, cloud workloads, and identity, posted revenue and adjusted earnings per share that both exceeded consensus analyst estimates. In addition, the company provided an upbeat outlook.
But investors should think twice before they race to buy shares of the cybersecurity stock. It's still risky -- maybe too risky.
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Source Fool.com
CrowdStrike Holdings Inc Stock
€183.32
4.150%
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 6.92% for CrowdStrike Holdings Inc compared to the current price of 183.32 €.
