CrowdStrike (CRWD 1.69%) achieved usually accepted accounting ideas (GAAP) profitability for the second sequential quarter and delivered file outcomes. Falcon, CrowdStrike’s endpoint cybersecurity platform, leverages synthetic intelligence (AI) and has grown from a single module in 2011 to 23 modules at the moment.
Within the video under, Motley Idiot contributor and 25-year inventory market veteran Eric Cuka breaks down CrowdStrike inventory and offers earnings highlights, basic evaluation, value targets, predictions, technical evaluation, commentary, and extra.
*Inventory costs used have been the night costs of Aug. 30, 2023. The video was revealed on Aug. 30, 2023.
Eric Cuka has positions in Cloudflare, CrowdStrike, Datadog, Microsoft, SentinelOne, and Zscaler. The Motley Idiot has positions in and recommends Cloudflare, CrowdStrike, Datadog, Microsoft, and Zscaler. The Motley Idiot has a disclosure coverage.
Eric is an affiliate of The Motley Idiot and could also be compensated for selling its providers. If you happen to select to subscribe by his hyperlink, he’ll earn some extra cash that helps his channel. His opinions stay his personal and are unaffected by The Motley Idiot.