CRWD Stock Summary and Trading Ideas (Crowdstrike Holdings - Class A | NASDAQ:CRWD)

CrowdStrike is a cloud-based cybersecurity company specializing in next-generation security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.

Crowdstrike Holdings - Class A trades on the NASDAQ stock market under the symbol CRWD.

As of December 2, 2024, CRWD stock price declined to $343.66 with 1,454,847 million shares trading.

CRWD has a beta of 2.91, meaning it tends to be more sensitive to market movements. CRWD has a correlation of 0.41 to the broad based SPY ETF.

CRWD has a market cap of $84.65 billion. This is considered a Large Cap stock.

Last quarter Crowdstrike Holdings - Class A reported $1 billion in Revenue and $.93 earnings per share. This beat revenue expectation by $27 million and exceeded earnings estimates by $.12.

In the last 3 years, CRWD traded as high as $398.33 and as low as $92.25.

The top ETF exchange traded funds that CRWD belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.

CRWD has outperformed the market in the last year with a return of +46.6%, while the SPY ETF gained +34.3%. In the last 3 month period, CRWD beat the market returning +26.5%, while SPY returned +8.4%. However, in the most recent 2 weeks CRWD has underperformed the stock market by returning +2.1%, while SPY returned +3.0%.

CRWD support price is $337.72 and resistance is $354.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRWD shares will trade within this expected range on the day.