CrowdStrike's Growth Is Slowing. Is the Stock Still a Buy?
In the years since it went public, cloud-based cybersecurity specialist (NASDAQ: CRWD) has been a market-beating investment for shareholders. Although the stock now trades 41% lower than its late-2021 high, it's still outpacing the S 500 handily since its 2019 IPO.
Much of the stock's performance has mirrored the growth of the business. CrowdStrike has consistently posted impressive revenue growth and cash generation. That said, some of its lofty growth metrics slowed over the last several quarters.
Is this slowing growth of the stock and the company a red flag, or simply the type of ebb and flow that any business goes through?
Source Fool.com
CrowdStrike Holdings Inc Stock
€241.05
2.180%
With 139 Buy predictions and 2 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 340 € there is a positive potential of 41.05% for CrowdStrike Holdings Inc compared to the current price of 241.05 €.
