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CrowdStrike Holdings, Inc.’s stock price soars to $388.20, marking a robust 5.48% rise

By December 17, 2024 No Comments

CrowdStrike Holdings, Inc. (CRWD)

388.20 USD +20.18 (+5.48%) Volume: 5.13M

CrowdStrike Holdings, Inc.’s stock price is soaring at 388.20 USD, showcasing a remarkable +5.48% change this trading session with a robust trading volume of 5.13M. Demonstrating a strong YTD performance with a percentage change of +51.78%, CRWD stock continues to be a promising investment opportunity.


Latest developments on CrowdStrike Holdings, Inc.

Crowdstrike Holdings, Inc. (CRWD) has seen significant stock price movements today due to various key events. Wellington Management Group LLP recently sold shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD), while Peapack Gladstone Financial Corp acquired 1,778 shares. The cybersecurity company also announced a new partnership with SonicWall targeting SMB cyber threats, attracting investor attention. Additionally, B. Riley Wealth Advisors Inc. holds a $2.98 million stock position in CRWD. JPMorgan Chase & Co. raised CrowdStrike’s price target to $418.00, reflecting positive outlook. CrowdStrike was also named a leader and outperformer in the 2024 GigaOm Radar Report for Ransomware Prevention, further boosting investor confidence in the company’s future prospects.


CrowdStrike Holdings, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research, have provided varied insights on Crowdstrike Holdings. In one report titled “CrowdStrike Holdings: How Are They Executing Expansion Beyond Endpoint Security? – Major Drivers,” the company’s fiscal third-quarter results for 2025 were highlighted, showcasing strengths and challenges. On the other hand, another report by Baptista Research titled “CrowdStrike’s Post-Outage Reality: Navigating the Challenges Ahead!” focused on the challenges the company faced after a global IT outage, raising concerns about its operations and platform reliability.

Furthermore, Jesus Rodriguez Aguilar shared a positive note in their report “CrowdStrike Joins S&P 500,” celebrating Crowdstrike Holdings’ official inclusion in the S&P 500 index. This move followed strong financial results and guidance, with investors anticipating the inclusion. The report highlighted the impact on liquidity and the representation of cybersecurity stocks in the index, with a median IBES consensus PT of $400, indicating a 7.5% upside potential.


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

Based on the Smartkarma Smart Scores, Crowdstrike Holdings has a positive long-term outlook. With high scores in Growth, Resilience, and Momentum, the company appears to be in a strong position for future success. Crowdstrike’s focus on cybersecurity products and services to prevent breaches seems to be resonating well with customers globally.

While the company may not score as high in terms of Value and Dividend, the strong performance in Growth, Resilience, and Momentum factors bodes well for Crowdstrike Holdings’ overall outlook. With its cloud-delivered protection and range of cybersecurity offerings, Crowdstrike seems poised to continue its success in the cybersecurity market.


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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