Name of opportunity: 👀
Crowdstrike Holdings Inc
Cybersecurity leader🖥️
Crowdstrike has fallen 4.27% today after releasing its most recent earnings. The company managed to exceed expectations in Q3 revenue, so why are people worried? It might be to do with investors taking on a cautious approach, as Crowdstrike’s projected earnings are $0.84 to $0.86 per share, which did not meet the predicted $0.86 cents per share. Despite only being a penny off, it might have been enough to trigger a dip in price.
Another reason for investors to be cautious might be because of an incident that happened in July. Due to a faulty software update, computers crashed worldwide, which wreaked havoc across the corporate world. Despite reacting quickly and performing well in Q3, investors might still be watchful.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of CrowdStrike Holdings, Inc. might increase from $346.07 to $392.30 in the next 12 months. If you invested $1000, you might profit $135.12.
One of the reasons why Crowdstrike is still a ‘buy’ might be because of its recent performance in the most recent quarter. Revenue came in at $1.01 billion, knocking the expected $982.36 million out of the park.
Due to its consistent success, Crowdstrike has shown resilience after the software update incident. With strong cashflow indicating solid financial health, analysts are still calling Crowdstrike a ‘buy’.
Leading cybersecurity company🔐
Crowdstrike Holdings Inc is an American cybersecurity company that is headquartered in Austin, Texas, US. Crowdstrike provides a variety of cybersecurity services, including managed detection and response, cloud security services, and more.
Which neme?: 🔍
‘This Week's Earnings’, ‘Today's Biggest Losers’, ‘Stocks On The Move’.
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