The Worst May Be Over for CrowdStrike. Time to Buy the Stock?
The moment CrowdStrike (NASDAQ: CRWD) investors have been waiting for has happened: It released second quarter results. Anyone invested in the stock wanted to know how much the software update failure in July that crashed millions of devices affected its business, as it could've completely wrecked a lesser-established company.
But the result could have been much worse for CrowdStrike, and it seems like the worst may be behind it. So, is it time to buy the stock? Or are there more red flags to consider?
CrowdStrike is a leading cybersecurity firm. Its software helps protect millions of devices from outside access through its Falcon platform. However, its products don't stop at endpoint protection. CrowdStrike has 28 modules that provide different cybersecurity functionalities, making its platform fairly close to a one-stop shop.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 162 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 312 € there is a positive potential of 38.85% for CrowdStrike Holdings Inc compared to the current price of 224.7 €.
