What's Going On With CrowdStrike Stock Monday?
Portfolio Pulse from Adam Eckert
CrowdStrike Holdings Inc (NASDAQ:CRWD) is in focus ahead of its first-quarter earnings report for fiscal 2025, expected to be released after market close on Tuesday. Analysts predict earnings of 90 cents per share and revenue of $904.665 million. Recent analyst upgrades include price target increases from JPMorgan and Morgan Stanley, both maintaining Overweight ratings. Last quarter, CrowdStrike exceeded estimates with revenue of $845.34 million and earnings of 95 cents per share. The company has consistently beaten estimates since going public in 2019. Additionally, CrowdStrike announced a partnership with The Washington Post Live for a cybersecurity event on June 6.
June 03, 2024 | 1:27 pm
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CrowdStrike is expected to report its first-quarter earnings for fiscal 2025, with analysts predicting 90 cents per share and $904.665 million in revenue. The company has a strong track record of exceeding estimates, and recent analyst upgrades from JPMorgan and Morgan Stanley reflect positive sentiment. Additionally, a new partnership with The Washington Post Live could enhance its visibility and reputation in the cybersecurity space.
CrowdStrike's consistent track record of beating earnings estimates, coupled with recent analyst upgrades and a new high-profile partnership, suggests a positive short-term impact on the stock price. The market is likely to react favorably if the company meets or exceeds expectations again.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100