Cybersecurity giant CrowdStrike has confirmed firing a “suspicious insider” last month who allegedly fed information about the company to a notorious hacking group.
CrowdStrike CEO George Kurtz has acquired a minority stake in Mercedes-AMG Petronas F1 and will be a tech advisor to the motorsport team.
CrowdStrike Holdings (CRWD) closed the most recent trading day at $520.46, moving +1.32% from the previous trading session.
After falling alongside many technology stocks at the start of November, CrowdStrike Holdings Inc. NASDAQ: CRWD has rebounded sharply, hitting a new all-time high on Nov. 12.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
CRWD's shares jump 29.1% in three months as strong demand for its Falcon Flex and Next-Gen SIEM fuels growth momentum.
CrowdStrike (CRWD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, CrowdStrike Holdings (CRWD) closed at $539.81, indicating a +1.37% shift from the previous trading day.
CrowdStrike Holdings Inc. NASDAQ: CRWD remains a leader among cybersecurity stocks. Earnings are still about two weeks away, but CRWD stock pushed to a new all-time high on Nov. 3 before giving up some gains to end the week.
I am reiterating my “buy” rating on CrowdStrike with an updated price target of $665, driven by strong Falcon platform adoption and Net New ARR growth acceleration. CrowdStrike's Falcon Flex subscription program and integrated platform strategy are fueling customer expansion and operating leverage, supporting long-term revenue growth. While the stock offers 21% upside, the recent rally has narrowed the margin of safety, warranting cautious position sizing for new and existing investors.
Dr. Chris Pierson returns to Next Gen Investing to give a wide view into cybersecurity stocks. He expects the industry to accelerate in the coming years as A.I.
CrowdStrike Holdings Inc (NASDAQ:CRWD) saw its price target boosted to $600 from $525 by Wedbush analysts, who maintained an ‘Outperform' rating on the cybersecurity company. The firm highlighted strong momentum in CrowdStrike's platform and the growing impact of artificial intelligence on its business.