CRWD's Q3 results are likely to reflect the benefits of the strong demand for its security solutions, contributions from partnerships and newly added customers.
This quarter might be the most important earnings season for the United States stock market this year; all of 2024 has been a smooth ride quarter after quarter until this brought some concerns upon the technology sector. Particularly issues surrounding the semiconductor industry and artificial intelligence, where the vertical of cybersecurity gets pulled in by default and association.
Markets will be closed on Thursday for Thanksgiving. Earnings from retailers and October inflation data will be the week's highlights.
It seems like a long time ago when a faulty CrowdStrike Holdings (CRWD 4.11%) update caused a worldwide computer outage that gave one of the hottest cybersecurity companies a huge black eye. Since the outage occurred in July, the company's fiscal 2025 third quarter will be the first full quarter since the incident, giving the market a proper look at how much it impacted CrowdStrike's business.
@ProsperTradingAcademy's Charles Moon is bullish on all of today's Big 3. He points to Crowdstrike's (CRWD) recovery and Carvana (CVNA) coiling to the upside as positive markers but warns of volatility when it comes to Tempus AI (TEM).
Evaluate the expected performance of CrowdStrike (CRWD) for the quarter ended October 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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.
I maintain a "Hold" rating for CrowdStrike Holdings due to its overvalued status despite strong operational performance and recovery from a significant outage. CrowdStrike's Q2 FY2025 financials exceeded expectations, with $963.8 million in revenue and $1.04 adjusted EPS, but short-term headwinds persist. Management's positive outlook for Q4 and FY2026 may drive earnings revisions higher, yet the stock's already high P/E and PEG ratios suggest overvaluation compared to peers.
CrowdStrike stock price has bounced back and almost doubled in the past few months as the impact of its outage fade. CRWD shares jumped to $360 on Friday, its highest level since July 24.
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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.