Will CrowdStrike Be a $1 Trillion Company By 2030?
One of the hottest growth areas for technology investors is cybersecurity. The landscape is rife with applications ranging from combating hackers to preventing fraud. Endpoint security platform operator (NASDAQ: CRWD) is a leader in the space, and its stock has handily beaten the S 500 over the last several years -- returning nearly 350% since its initial public offering in 2019.
With such an impressive performance, investors may be wondering if the coveted $1 trillion market cap club is in CrowdStrike's future. Let's look at the company's growth prospects and assess whether reaching a $1 trillion valuation by 2030 is reasonable.
CrowdStrike operates across a variety of end-markets within cybersecurity. These include applications such as data protection, threat intelligence, identity protection, cloud security, observability, managed services, IT operations, and endpoint security.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 145 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 322 € there is a positive potential of 43.72% for CrowdStrike Holdings Inc compared to the current price of 224.05 €.
