CrowdStrike: High Visibility And Longer Term Growth Acceleration
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CrowdStrike is experiencing sequential growth acceleration in RPOs, driven by the adoption of the Falcon Flex subscription. This has led to upgrades in long-term revenue and earnings estimates by Wall Street, despite rich valuations.
December 18, 2024 | 4:15 am
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CrowdStrike's growth in RPOs and adoption of Falcon Flex subscription are leading to upgrades in long-term revenue and earnings estimates by Wall Street. Despite high valuations, the company's market leadership and visibility support these upgrades.
The article highlights CrowdStrike's sequential growth acceleration in RPOs, a key revenue indicator, due to Falcon Flex subscription adoption. This has resulted in Wall Street upgrading its long-term revenue and earnings estimates for the company. The high valuations are considered acceptable due to CrowdStrike's market leadership and visibility, suggesting a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100