On occasion, even industry leaders make missteps. Cybersecurity leader CrowdStrike (NASDAQ: CRWD) started out the year strong — on January 2, CRWD stock was trading at $246, and by July 8, it had risen to $390.71. Unfortunately, this 58.82% surge didn’t last.A faulty update was distributed to the company’s software on July 19. Some 8.5 million operating systems across the world experienced crashes and were unable to properly restart. The incident is held to be the largest outage in the history of IT — and t ...

Have you evaluated the performance of CrowdStrike Holdings' (CRWD) international operations during the quarter that concluded in October 2024? Considering the extensive worldwide presence of this cloud-based security company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth. In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well- ...

U.S. stocks settled higher on Friday, with the Dow Jones and S&P 500 surging to fresh highs during the shortened trading session.The Dow gained 7.5% for November, while the S&P 500 gained by more than 5% last month. The Dow and S&P 500 recorded their best months of the year.Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings ...

Share prices of CrowdStrike (CRWD -0.47%) fell after the company reported its fiscal third-quarter results, as it continues to deal with the aftermath of the network outage that affected its clients earlier this year. The stock, nonetheless, has largely recovered from that incident and is up about 36% on the year as of this writing, even after the post-earnings pullback.Let's take a closer look at the cybersecurity company's most recent results to see whether this dip is a good opportunity to buy the stock. ...

A new year is approaching, so it might be a good time to consider new opportunities.CrowdStrike (CRWD -0.47%) developed a cybersecurity platform designed to protect every layer of a business, and it uses artificial intelligence (AI) to automate everything from threat hunting to incident response.The company initiated a cascading incident on July 19 when it released a corrupted software update to customers that crashed millions of computers used by thousands of businesses worldwide. The incident was resolved ...

Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Michael takes a macro-value-oriented approach to investment analysis and prides himself in being able to make investment recommendations based on cross-industry analysis.Analyst ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Though it started the year strong, CrowdStrike (NASDAQ: CRWD) experienced a stock market catastrophe when one of its software updates caused a global IT outage. The event severely shook the firm’s reputation, and CRWD shares plunged approximately 42.9% from about $380 to near $217 between mid-July and early August.CRWD stock YTD price chart. Source: FinboldBy Thanksgiving 2024, the situation had drastically changed, and CrowdStrike not only showcased its recovery in the latest earnings report, but its stock ...

Key TakeawaysCrowdStrike shares slumped Wednesday, a day after the cybersecurity company posted a surprise loss for the third quarter.Analysts remained bullish in the wake of the results, with some raising their price targets for the stock.Despite Wednesday's losses, CrowdStrike shares have gained more than one-third of their value since the start of the year. CrowdStrike (CRWD) shares slumped Wednesday, a day after the cybersecurity company reported an unexpected loss for the third quarter as it grapples w ...

CrowdStrike Holdings Inc CRWD stock is trading lower Wednesday after the company reported third-quarter financial results.On Tuesday, CrowdStrike reported third-quarter revenue of $1.01 billion, up 29%, beating the consensus estimate of $982.36 million. The company reported adjusted EPS of $0.93, beating analyst estimates of $0.81. Annual recurring revenue increased 27% to $4.02 billion.Also Read: Microsoft’s Brad Smith Urges Trump Government to Tackle Growing Cyber ThreatsCrowdStrike expects fourth-quarter ...