Why CrowdStrike Stock Is Gaining Today
(NASDAQ: CRWD) stock is gaining ground in Thursday's trading. The cybersecurity specialist's share price was up 5% as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence.
CrowdStrike reported results for the second quarter of its fiscal year after the market closed yesterday. The company's performance was under the microscope after a bug in one of its software updates resulted in widespread computer outages last month. Nevertheless, the business delivered results that beat Wall Street's expectations.
CrowdStrike reported non-GAAP (adjusted) earnings per share of $1.04 on sales of $963.87 million in fiscal Q2, which ended July 31. Meanwhile, the average analyst estimate had called for the business to post adjusted earnings of $0.97 per share on revenue of $958.32 million.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 153 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 321 € there is a positive potential of 20.54% for CrowdStrike Holdings Inc compared to the current price of 266.3 €.
