Growth Investor Alert: CrowdStrike Stock in Focus

CRWD is slated to host 2022 Annual Meeting of Stockholders on June 29

facebook X logo linkedin

CrowdStrike Holdings Inc (NASDAQ:CRWD) is a cybersecurity technology company that provides cloud-delivered protection of endpoints, cloud workloads, identity, data, as well as cyberattack response services. The cybersecurity company is scheduled to host its 2022 Annual Meeting of Stockholders next week on Wednesday, June 29.

Despite its 19.6% year-to-date deficit, CRWD has added 10.7% in the past month, with help from a bounce off the $150 level. The security has been struggling to topple its 40-day moving average since late April, however, and its looking to sink even deeper below this trendline during Wednesday's session. 

crwd june 22

Analysts have remained extremely optimistic, despite this lukewarm trading action. All 20 in coverage consider CRWD a "buy" or better. Plus, the 12-month consensus price target of $240.63 is a hefty $240.63 premium to Tuesday's close. 

From a valuation point of view, CrowdStrike stock trades at a premium. CRWD’s valuation metrics are incredibly high at a forward price-earnings ratio of 136.99 and a price-sales ratio of 22.03, despite the stock’s bearish form this past year.

Still, the cybersecurity concern's fundamentals suggest CrowdStrike stock merits that premium price. CRWD has managed to grow its annual revenues a jaw-dropping 555% since fiscal 2019, with the company reporting a 66% increase for fiscal 2022. The cybersecurity name is also estimated to see 51.9% revenue growth and 79.1% earnings growth for fiscal 2023, as well as a 36.3% increase in revenues and a 45.8% increase in earnings for fiscal 2024. CRWD holds a strong balance sheet with $2.15 billion in cash and $772.05 million, making the security an attractive play for growth investors.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI