CRWD - CrowdStrike Holdings, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
71.00
+1.46 (+2.10%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close69.54
Open70.00
Bid70.88 x 800
Ask71.10 x 900
Day's Range69.60 - 71.56
52 Week Range56.00 - 79.79
Volume1,022,280
Avg. Volume3,657,791
Market Cap13.965B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-3.12
Earnings DateJul 18, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est77.56
Trade prices are not sourced from all markets
  • Should Investors Buy CrowdStrike after its IPO?
    TipRanks7 hours ago

    Should Investors Buy CrowdStrike after its IPO?

    It has been an explosive year for the initial public offering (IPO) market. A wave of companies came to the public market, with many surpassing original expectations. Based on a list created by the Bernstein Research firm, the average return of these IPOs has been 26% since day one on the market. Among the group, Beyond Meat, Inc. (BYND) saw a 163% gain on its first day while Zoom Video Communications, Inc. (ZM) was up 72%. CrowdStrike Holdings, Inc. (CRWD) stands out as one of the recent IPOs that is set to outperform. On its first day of trading, the stock surged by as much as 97%. With many analysts saying the company’s growth is only going to continue, we wanted to take a closer look to see if CrowdStrike really can make waves. Strong IPOCrowdStrike rose to fame after it uncovered the alleged hacking of the Democratic National Committee’s servers during the U.S. presidential campaign in 2016. When the company went public on June 12, its original $34 share price offering surged to $63.50. This is up from the expected range of $28 to $30 a share. In total, the IPO raised $612 million and gave CRWD an almost $6.6 billion market valuation. Since then, the stock has settled at 71% causing its market cap to reach over $11 billion. One of a Kind Cybersecurity Technology CrowdStrike has been able to soar past its competitors because of its unique approach to online threat detection. The technology uses artificial intelligence (AI) tools such as pattern matching against a larger data set to discover threats in real time. Identified threats are then stored in a central database which is used to build a catalog of all known threats. The company’s cloud-based platform makes it easy to implement across multiple device types so organizations can eliminate security gaps between on and off-premises devices. Its effective software solution has allowed the company to cement its place as a leader in the endpoint security space. Impressive GrowthManagement attributes their innovative product to the strong growth they’ve witnessed over the last year.The company sells the platform as a software-as-a-subscription to enterprises of all shapes and sizes. So far, the company’s strategy has been to replace a single aspect of the business’s cybersecurity software and then upsell on other CrowdStrike software.This strategy is clearly working with pre-existing customer spending up an average of 47% over the last year. Total revenue for the year ending January 31 grew 110% to $250 million, up from $119 million the year before. Over the same time period, gross profit margin increased from 54% to 65%.It is important to note that CrowdStrike is still not profitable and reported losses of $140 million for the year ending January 31. Despite this loss, investor sentiment surrounding the company remains positive. View Individual Investor Sentiment Analysts See Growth Opportunities On July 8, at least eleven analysts initiated coverage on CRWD all with a Buy rating. Five-star analyst, Gregg Moskowitz, sees big growth potential for the cybersecurity company. “In our view, CrowdStrike's highly differentiated cloud platform has been critical in helping the company to rise above a tough competitive field, as evidenced by [annual recurring revenue] growth well in excess of 100% from FY17-19,” he said. Along with his Buy rating, he set a price target of $80. Moskowitz has a 73% success rate as well as a 22% average return per rating. Another top analyst, Shaul Eyal, set a $90 price target with his coverage initiation. He believes the company's “innovative technology, its continued ability to disrupt and gain market share from legacy and next generation antivirus vendors, the industry's shift to consolidate point product solutions and a shortage of cyber-skilled talents should drive customers to seek a holistic solution like CrowdStrike's.” He said, “We estimate its large and expanding TAM to exceed $30B by 2022, and a hypergrowth rate over 30% over the next several years.” The Bottom Line The Street is optimistic, with the analyst consensus being that the stock is a ‘Moderate Buy’. CRWD has an average price target of $78, suggesting 12% upside potential. Click Here to see the full list of CRWD Analyst Ratings

  • IPO ETF Returns Double the S&P 500 in 1H: What Next?
    Zacksyesterday

    IPO ETF Returns Double the S&P 500 in 1H: What Next?

    While the IPO fund offered stellar returns in the first half, the second-half should be great on a host of pending listings.

  • Dow Jones Futures: Stock Market Rally At Highs; 5 Steps For Playing Earnings Season
    Investor's Business Dailyyesterday

    Dow Jones Futures: Stock Market Rally At Highs; 5 Steps For Playing Earnings Season

    Futures: The stock market rally is at record highs, but earnings are about to flood in. Here are five steps for navigating earnings season.

  • [video]CrowdStrike Is an Undisputed Leader, but Its Stock Is Priced for Perfection
    TheStreet.comyesterday

    [video]CrowdStrike Is an Undisputed Leader, but Its Stock Is Priced for Perfection

    The cybersecurity firm's fast pace of growth is being rewarded with a nosebleed valuation. Savvy investors should sidestep this opportunity.

  • American City Business Journals5 days ago

    Here are the Bay Area's 10 biggest venture-backed exits from a record Q2

    The $165.2 billion exit value from IPOs and M&A; in the first half of this year has already surpassed every full year total on record, according to PitchBook Data and the National Venture Capital Association. Here are the Bay Area's 10 biggest exits in Q2.

  • American City Business Journals5 days ago

    Crowdstrike co-founder joins board of Hanover's Dragos Inc.

    Dmitri Alperovitch, co-founder of CrowdStrike Inc., has joined the board of fast-growing Hanover cybersecurity firm Dragos Inc. Crowdstrike recently launched one the cyber industry's most successful initial public offerings. The firm's June IPO raised $612 million after shares opened at $34 and soared as high as $67 on CrowdStrike Holdings' (NASDAQ: CRWD) first day of trading. Alperovitch co-founded the Silicon Valley company in 2011 and is also chief technology officer.

  • Motley Fool6 days ago

    More Trouble for Boeing

    Increasing cancellations make this look less like a typical speed bump and more like a significant, long-term issue.

  • Motley Fool7 days ago

    CrowdStrike Is Off to a Hot Start, but Investors Should Wait Before Buying

    The cybersecurity start-up is one of the best IPOs this year, but more data is needed before jumping in on it.

  • McAfee may try to go public again by the end of this year
    American City Business Journals7 days ago

    McAfee may try to go public again by the end of this year

    The Santa Clara company could reportedly raise at least $1 billion in an offering as soon as later this year that would value it at more than $5 billion.

  • Why BofA is Bullish on CrowdStrike
    Investopedia7 days ago

    Why BofA is Bullish on CrowdStrike

    CrowdStrike Holdings Inc. (CRWD), a star of the 2019 tech IPO wave and one of the largest “pure play” cybersecurity public offerings by market capitalization on record, just got a vote of confidence from a prominent analyst. In a recent note, Liani initiated coverage on shares of the enterprise software company at a buy rating. CrowdStrike is led by co-founder and CEO George Kurtz, who compares the firm to other companies in different software sectors like Salesforce.com Inc. (CRM) and Workday Inc. (WDAY).

  • These IPO Stocks Are Worth Watching, From Beyond Meat To Uber
    Investor's Business Daily8 days ago

    These IPO Stocks Are Worth Watching, From Beyond Meat To Uber

    IPO stocks have been running hot in 2019 and are targets for investors seeking to outperform the market. Uber stock, Chewy stock and Beyond Meat stock are near buys.

  • Crowdstrike jumps on bullish analyst notes ahead of first quarterly report
    American City Business Journals9 days ago

    Crowdstrike jumps on bullish analyst notes ahead of first quarterly report

    CrowdStrike went public in mid-June at $34 per share and popped 70 percent in its market debut. Wall Street currently values the company at $13.3 billion — within striking distance of its older, larger and more profitable cybersecurity rival Symantec.

  • CrowdStrike, IBD Stock Of The Day, Reinvents Security For Cloud Era
    Investor's Business Daily9 days ago

    CrowdStrike, IBD Stock Of The Day, Reinvents Security For Cloud Era

    CrowdStrike stock jumped Monday as more than a dozen Wall Street analysts initiated coverage on the fast-growing cybersecurity company, which was also named the IBD Stock Of The Day.

  • Bay Area led rush of venture funding, exits in Q2
    American City Business Journals9 days ago

    Bay Area led rush of venture funding, exits in Q2

    The Bay Area accounted for nearly 35 percent of the venture funding deals in the second quarter and nearly 47 percent of the dollars invested in them.

  • StockBeat - CrowdStrike Soars as Wall Street Sings Praises
    Investing.com9 days ago

    StockBeat - CrowdStrike Soars as Wall Street Sings Praises

    Investing.com - CrowdStrike soared on Monday after several analysts on Wall Street issued positive ratings on the stock and talked up the prospects of the company’s cloud security platform.

  • Analysts Weigh In On CrowdStrike Stock
    Motley Fool9 days ago

    Analysts Weigh In On CrowdStrike Stock

    After doubling in less than a month, do the shares still have room to run?

  • Why you shouldn't care about Walmart losing $1 billion a year online
    Yahoo Finance9 days ago

    Why you shouldn't care about Walmart losing $1 billion a year online

    Give me a break — let Walmart do its thing online. It has no other choice.

  • American City Business Journals9 days ago

    It’s already been a banner year for $10B-plus IPOs — and more are likely

    Five of the six companies that have gone public with market caps of more than $10 billion come from the Bay Area.

  • Benzinga9 days ago

    CrowdStrike Quite Period Ends: Here's What Analysts Are Saying

    The quite period for Crowdstrike Holdings Inc (NASDAQ: CRWD ) has come to an end after its initial public offering on June 12. Multiple analysts are now able to publicly discuss their thoughts on the cloud-delivered ...

  • Barrons.com9 days ago

    CrowdStrike Stock Is Still Rallying as Wall Street Raves About Cloud-Based Security

    A wave of Wall Street analysts picked up coverage of the newly public cloud-based security software company on Monday.

  • CannTrust facility fails inspection, BMW CEO leaving, Fiverr gets mixed ratings
    Yahoo Finance9 days ago

    CannTrust facility fails inspection, BMW CEO leaving, Fiverr gets mixed ratings

    CannTrust, BMW, Fiverr, CrowdStrike and Sony are the companies to watch.

  • MarketWatch9 days ago

    CrowdStrike strike gains after wave of bullish initiation notes hits

    CrowdStrike Holdings Inc. shares are up 2.9% in premarket trading Monday after at least nine analysts initiated coverage of the cybersecurity stock with bullish ratings, according to FactSet. "In our view, CrowdStrike's highly differentiated cloud platform has been critical in helping the company to rise above a tough competitive field, as evidenced by [annual recurring revenue] growth well in excess of 100% from FY17-19," wrote Mizuho's Gregg Moskowitz, who began coverage with a buy rating and $80 price target. Macquarie's Sarah Hildlian sees the company continuing to disrupt big security companies including Symantec Corp. and McAfee. "The company is supported by growth drivers including the proliferation of connected devices, many of which are increasingly low in compute power (e.g. IoT) and require lightweight agents for security and performance, consistent malicious attacks, security professional shortages, and more," she wrote, while setting an outperform rating and $75 target on the shares. CrowdStrike went public in mid-June at a price of $34 a share, and the stock is up nearly 100% from there. The company came public during a hot period for initial public offerings; the Renaissance IPO ETF has risen 38% so far this year, while the S&P 500 has climbed 19%.

  • Dow Jones Futures: Zscaler Leads 5 Cybersecurity Stocks Near Buy Points; Boeing 737 Max Loses Deal
    Investor's Business Daily9 days ago

    Dow Jones Futures: Zscaler Leads 5 Cybersecurity Stocks Near Buy Points; Boeing 737 Max Loses Deal

    Stock futures: The stock market is at highs, with top cybersecurity stocks Zscaler, CyberArk, Proofpoint, Crowdstrike and Rapid7 near buy points. The Boeing 737 Max lost a customer.

  • TheStreet.com9 days ago

    CrowdStrike Gets Bullish Initiations From Multiple Research Firms

    Analysts at Stifel see CrowdStrike as a rapidly expanding disrupter that is at the forefront of cybersecurity.

  • CrowdStrike: An IPO With Explosive Growth
    Motley Fool12 days ago

    CrowdStrike: An IPO With Explosive Growth

    CrowdStrike has excited investors with strong sales growth. Can it continue to deliver?