CrowdStrike Holdings, Inc.’s Stock Price Falls to $233.65, Marking a 9.72% Drop: What’s Next for CRWD?

CrowdStrike Holdings, Inc. (CRWD)

233.65 USD -25.16 (-9.72%) Volume: 25.75M

CrowdStrike Holdings, Inc.’s stock price is currently at 233.65 USD, experiencing a drop of -9.72% this trading session with a trading volume of 25.75M, marking a year-to-date percentage change of -8.49%. Understand the performance and market trends of CRWD stock here.

Latest developments on CrowdStrike Holdings, Inc.

CrowdStrike Holdings, Inc. (CRWD) is facing a turbulent time as reports emerge that Delta Air Lines is seeking compensation over a recent IT outage. The cybersecurity stock has been on a rollercoaster ride, with analysts weighing in on its recovery prospects. Despite the fallout from the software update issue, some hedge funds remain bullish on CrowdStrike, while others are cautious about its future performance. Delta’s hiring of a powerhouse attorney to seek damages from CrowdStrike and Microsoft has further impacted the stock price, causing it to slide to an 8-month low. However, experts believe that CrowdStrike may limit the long-term damage caused by the outage, with some seeing a strong recovery ahead. Amidst the crisis, investors are closely monitoring CrowdStrike’s stock movements and considering their next steps in light of these developments.

CrowdStrike Holdings, Inc. on Smartkarma

Analysts on Smartkarma have differing views on Crowdstrike Holdings. Baptista Research‘s report titled “CrowdStrike: A Once-Promising Cybersecurity Titan’s Fall From Grace” paints a bearish picture, highlighting recent events that have impacted the company’s future prospects. On the other hand, Jesus Rodriguez Aguilar’s report “CrowdStrike Joins S&P 500” takes a bullish stance, emphasizing the company’s inclusion in the index following strong financial results and guidance.

Another report by Baptista Research, “CrowdStrike Holdings: Will Its Enhanced AI Capabilities With Charlotte AI Be A Game Changer? – Major Drivers,” focuses on the company’s robust growth and financial performance, attributing its investment appeal to the Falcon platform’s AI-native software. Value Investors Club, however, takes a bearish view in their report “Crowdstrike Holdings Inc (CRWD) – Friday, Mar 1, 2024,” predicting potential underperformance for Crowdstrike based on market trends. Despite the varying sentiments, Crowdstrike Holdings continues to be a subject of interest and analysis on Smartkarma.

A look at CrowdStrike Holdings, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Crowdstrike Holdings has a positive long-term outlook. The company scored high in Growth and Resilience, indicating strong potential for future expansion and the ability to withstand market challenges. With a momentum score of 3, Crowdstrike Holdings shows moderate potential for continued upward movement in the market. However, the company scored lower in Value and Dividend, suggesting that investors may need to carefully consider these factors when evaluating their investment in Crowdstrike Holdings.

Crowdstrike Holdings, Inc. is a cybersecurity company that provides products and services to prevent breaches. Their offerings include cloud-delivered protection for endpoints, cloud workloads, identity and data, as well as threat intelligence and managed security services. With a focus on IT operations management, threat hunting, Zero Trust identity protection, and log management, Crowdstrike serves customers globally. The company’s strong scores in Growth and Resilience indicate a promising future outlook, while factors like Value and Dividend may require closer consideration for potential investors.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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