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CrowdStrike Holdings, Inc.’s Stock Price Soars to $353.29, Marking an Impressive 3.01% Uptick

By November 20, 2024 No Comments

CrowdStrike Holdings, Inc. (CRWD)

353.29 USD +10.32 (+3.01%) Volume: 2.84M

Experience the robust performance of CrowdStrike Holdings, Inc.’s stock price, currently standing at 353.29 USD with a promising +3.01% change this trading session and a remarkable +38.37% change YTD. With a trading volume of 2.84M, CrowdStrike’s stock shows a promising trend for investors.


Latest developments on CrowdStrike Holdings, Inc.

CrowdStrike Holdings (CRWD) has been making headlines recently with various developments impacting its stock price. From a drop in short interest by 10.1% to outperforming the broader market, investors are closely watching the company’s financial prospects. With stake boosts from Fifth Third Wealth Advisors LLC and Swiss National Bank, as well as reduced holdings by Pathstone Holdings LLC and Assetmark Inc., the stock has seen strong momentum. Analyst upgrades and coverage initiations by firms like Mizuho Securities USA LLC and CICC Research have also contributed to the positive outlook. With earnings power and positive forecasts from Morgan Stanley, CrowdStrike is positioned for growth amidst short-term challenges, leading to a bullish sentiment on Wall Street.


CrowdStrike Holdings, Inc. on Smartkarma

Analysts on Smartkarma have provided mixed coverage of Crowdstrike Holdings. Baptista Research highlighted the challenges the company faces post-outage, questioning its operational resilience. On the other hand, Baptista Research also noted the company’s once-promising status in the cybersecurity sector, now overshadowed by recent events. However, Jesus Rodriguez Aguilar’s report was more optimistic, highlighting Crowdstrike’s inclusion in the S&P 500 index and its positive financial results driving investor anticipation. Baptista Research also discussed Crowdstrike’s enhanced AI capabilities with Charlotte AI, emphasizing its potential as a game-changer in the cybersecurity space.

Value Investors Club took a bearish stance on Crowdstrike Holdings, citing concerns about the cybersecurity sector’s underperformance and predicting a potential significant miss in the company’s upcoming earnings. The analysis pointed to Zscaler’s challenges as a warning sign for Crowdstrike’s performance. Despite the differing sentiments from analysts, Crowdstrike remains a company of interest for investors, with its technological innovation and market positioning under scrutiny in the wake of recent events and industry trends.


A look at CrowdStrike Holdings, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.4

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

Looking at the Smartkarma Smart Scores for Crowdstrike Holdings, the company seems to have a positive long-term outlook. With high scores in Growth, Resilience, and Momentum, Crowdstrike Holdings appears to be well-positioned for future success. The company’s focus on providing cybersecurity products and services to prevent breaches, along with its global customer base, indicates a strong foundation for continued growth and innovation in the industry.

Although the company may not score as high in Value and Dividend, the strong performance in Growth, Resilience, and Momentum suggests that Crowdstrike Holdings is a company to watch in the cybersecurity sector. With a range of offerings including cloud-delivered protection, threat intelligence, and managed security services, Crowdstrike Holdings is poised to remain a key player in the market for years to come.


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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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