CrowdStrike Continues Its Good Results
Jun 6, 2024
CrowdStrike's Q1 results were excellent: revenues and annual recurring revenue up 33%, and strong cash flow trends. The Falcon platform continues to be one that large and small companies are standardizing on for security. Management is focusing on its path to $10 billion in ARR, from about $4 billion today. Still a lot of growth in this one! The stock price is a bit high though, even after a slight fair value bump to $251 (from a previous $249).
Follow @GreenDotStocks
Information contained on this website represents only the opinions of the author and should not be used as the sole basis for investing decisions. By using this site, you agree to all statements in the Site Policy.
Watch List
| CMG | 37.61% |
| WDAY | -8.54% |
| VEEV | 16.18% |
| PSTG | -1.89% |
| INTU | 17.78% |
| RDDT | 12.25% |
| NTNX | 21.74% |
| CRWD | 89.06% |
| SE | 23.00% |
| SNOW | 13.33% |
| APPF | 11.21% |
vs. Fair Value Estimates
Buy List
| PINS | -37.20% |
| SEMR | -34.13% |
| TSM | -41.15% |
| ZETA | -30.22% |
| GOOG | -50.32% |
| NYAX | -30.03% |
| MSFT | -29.45% |
| ODD | -30.32% |
| FLYW | -43.10% |
| HRMY | -59.68% |
| YOU | -37.20% |
| ABNB | -31.62% |
| ADBE | -43.87% |
vs. Fair Value Estimates
Hold List
| ASML | -23.12% |
| VTEX | -14.40% |
| ASR | -24.82% |
| CELH | 48.80% |
| TOST | 19.83% |
| CPNG | -12.30% |
| HIMS | -19.60% |
| PAYC | -18.76% |
| MNDY | 15.01% |
| GLBE | -21.02% |
| ZS | 28.92% |
| V | -7.01% |
| ADSK | 0.63% |
| NOW | 13.35% |
| MELI | -24.02% |
| FTNT | -1.25% |
| TEAM | -1.28% |
vs. Fair Value Estimates