Where Will CrowdStrike Be in 3 Years?
CrowdStrike (NASDAQ: CRWD) went public on June 12, 2019. The cloud-based cybersecurity company priced its IPO at $34 a share, and its stock started trading at $63.50. Today, shares trade at about $200.
That impressive three-year return was driven by its explosive growth rates. Between fiscal 2019 and fiscal 2022 (which ended in January), CrowdStrike's number of subscription customers jumped from 2,516 to 16,325, which boosted its annual revenue from $250 million to $1.45 billion. Its annual recurring revenue (ARR) rose from $313 million to $1.7 billion.
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Source Fool.com