5 Smart Reasons to Buy CrowdStrike Stock, and 1 Major Risk to Consider
If you're looking for a way to profit from the booming demand for cybersecurity services, look no further than (NASDAQ: CRWD). Here's why the cloud guardian's stock could be a great buy today -- and also a key risk that investors should note.
Effective cyber protection should only grow in importance as more businesses digitize their operations and shift their processes to the cloud. Companies that provide these organizations with the means to protect their most valuable data are thus likely to enjoy rising demand for their services. The global cybersecurity market is projected to exceed $256 billion by 2028, up from $162 billion in 2023, according to Statista.
Image source: Statista.
Source Fool.com
CrowdStrike Holdings Inc Stock
€229.50
-4.000%
The stock is one of the favorites of our community with 139 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a positive potential of 45.53% compared to the current price of 229.5 € for CrowdStrike Holdings Inc.
