CrowdStrike Just Guided for Its Slowest Growth -- Ever
After the market close on Wednesday, (NASDAQ: CRWD) reported the results of its fiscal 2024 first quarter (ended April 30), and by all accounts the results were a mixed bag.
While the cloud-based cybersecurity specialist generated record results in a number of important financial metrics, its outlook left something to be desired. While the company raised its full-year guidance, Wall Street apparently wanted more. Investors responded with a sell-off that drove the stock down as much as 12% in after-hours trading.
Let's look at what the results reveal and what it means for investors.
Source Fool.com
CrowdStrike Holdings Inc Stock
€239.55
-0.370%
With 154 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 324 € there is a positive potential of 35.25% for CrowdStrike Holdings Inc compared to the current price of 239.55 €.
