CrowdStrike Holdings (CRWD) concluded the recent trading session at $442.25, signifying a -0.47% move from its prior day's close.
CrowdStrike Holdings Inc. NASDAQ: CRWD continues to be one of the best-performing technology stocks and cybersecurity stocks. But with that performance, many investors are looking at the company's valuation.
CrowdStrike's disappointing profit outlook for fiscal 2026, coupled with rising costs and deteriorating margins, makes it less attractive for the near term.
CrowdStrike is a beneficiary of the multi-year artificial intelligence growth story. CrowdStrike's growing TAM, strong revenue growth, and high module adoption rates bolster its long-term bullish outlook. The net new ARR acceleration and return to GAAP profitability are expected in the second half of the year.
In the latest trading session, CrowdStrike Holdings (CRWD) closed at $435.94, marking a -0.97% move from the previous day.
On May 9, CrowdStrike Holdings Inc. NASDAQ: CRWD closed the week down about 7%. A key reason for the sell-off was news that the company was part of a Department of Justice (DOJ) and Securities & Exchange Commission (SEC) probe involving the company's $32 million deal with Carahsoft.
Let's find out which cybersecurity stock between CRWD and CHKP is a better bet.
CrowdStrike: Premium Valuation, But Scalable AI-Native Growth Justifies The Bet
Zacks.com users have recently been watching CrowdStrike (CRWD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
CrowdStrike Holdings (CRWD) shares slid Wednesday, a day after the cybersecurity company said in a regulatory filing it plans to cut roughly 500 jobs, or 5% of its workforce.
CrowdStrike Holdings Inc (NASDAQ:CRWD) said it will lay off 500 workers to reduce costs as artificial intelligence takes more of a role in its operations. Removing around 5% of the cybersecurity group's current employees was said to be about reducing costs.
Cybersecurity giant CrowdStrike said on Wednesday that it would lay off 5% of its global workforce, which amounts to about 500 workers.