1 Green Flag and 1 Red Flag for CrowdStrike Stock
's (NASDAQ: CRWD) Falcon platform uses artificial intelligence (AI) to identify and fend off cyberattacks. Its success has already had a disruptive impact on the cybersecurity market which, in turn, helped deliver big wins for long-term shareholders. Spurred by strong business performance, the cybersecurity leader's share price is up more than 110% since its 2019 initial public offering. And yet, the stock is also trading down about 58% from its high, and it's seen volatile trading amid rising interest rates and other pressures.
What comes next for the cybersecurity leader? Read on for a look at characteristics and catalysts that could play key roles in shaping CrowdStrike's stock performance.
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Source Fool.com
CrowdStrike Holdings Inc Stock
€280.30
-10.790%
With 129 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 354 € there is a positive potential of 26.29% for CrowdStrike Holdings Inc compared to the current price of 280.3 €.
