Did Investors Miss the Boat on CrowdStrike Stock?
The end of 's (NASDAQ: CRWD) fiscal 2024 (ended Jan. 31) has firmly positioned the company for the next fiscal year. This shows that the trend to consolidate all cybersecurity needs under one vendor likely benefits the company.
However, the stock has risen more than 160% over the last year. Does that mean investors have missed out on CrowdStrike, or do they have time to buy into its growth story?
In the past, IT departments tended to buy cybersecurity products from different vendors based on specialties. For example, CrowdStrike is strong on endpoint security, while Zscaler leads the way in zero-trust security, so customers often choose to deal with different vendors based on such strengths.
Source Fool.com
CrowdStrike Holdings Inc Stock
€243.05
-13.290%
The stock is one of the favorites of our community with 130 Buy predictions and 3 Sell predictions.
As a result the target price of 347 € shows a positive potential of 42.77% compared to the current price of 243.05 € for CrowdStrike Holdings Inc.
