Added to YB: 2024-07-22
Pitch date: 2024-07-19
CRWD [bullish]
CrowdStrike Holdings, Inc.
+243.24%
current return
Author Info
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Company Info
CrowdStrike Holdings, Inc. provides cybersecurity solutions in the United States and internationally.
Market Cap
$269.9B
Pitch Price
$71.25
Price Target
285.00 (+17%)
Dividend
N/A
EV/EBITDA
1.8K
P/E
7.1K
EV/Sales
49.24
Sector
Software
Category
turnaround
*10th sleep-well ownership* - Adding to CrowdStrike (CRWD)
CRWD: -15% on faulty update impacting global infrastructure. CEO quick to address. Valuation reset from 90x to 15x FCF growth expectation. Unknown cost, but not security breach. Insurance coverage. Mission-critical product likely to retain clients. Buying at $285 for 15% FCF growth over decade vs 10% cybersecurity CAGR. Risks: client loss, legal costs.
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