26.02.2025 10:24:00

Should You Buy CrowdStrike Stock Before March 4?

Last year was tumultuous for CrowdStrike Holdings (NASDAQ: CRWD). On July 19, it released a corrupted update to its industry-leading cybersecurity software that crashed more than 8.5 million of its customers' computers around the world. CrowdStrike stock plummeted by 42% following the outage, as investors feared it would trigger a customer exodus and a sharp drop in revenue.However, the stock has since soared to a record high, as it appears the company's cybersecurity platform is so good that not even the industry's biggest-ever blunder could convince businesses to abandon it. In fact, management hasn't reduced its long-term revenue forecast at all, so it appears there won't be any negative effects lingering from the outage.CrowdStrike is scheduled to report its latest financial results for its fiscal 2025 fourth quarter (ended Jan. 31) on March 4. We are likely to learn more about the company's progress, so should investors buy the stock ahead of the release?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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