$SNOW $200 target, sooner than laterHello. Not much analysis here besides a monster gut feeling. NYSE:SNOW has earnings May 21. I’m looking to get in $200c for May 16 expiration. For some reason this name can’t scorch $200 and I believe it should. If NASDAQ:CRWD moves the way it does so can $SNOW. I think it’s made a strong support and mental level at $150. I was apart of the latest push to $180-$190 before its most recent earnings which jolted it from $150s to $180 AND it got sent back to that $150 to $160 level. I think this is a high conviction swing especially into earnings; premiums can go up off the IV.
NFA.
WSL.
CRWD
Compelling Entry OpportunityKey arguments in support of the idea.
The stock has adjusted to an attractive valuation.
Cybersecurity continues to be an essential priority for businesses and government entities alike.
AI and automation serve as significant competitive advantages for CrowdStrike.
Investment Thesis
CrowdStrike Holdings, Inc. (CRWD) is a leading U.S. cybersecurity firm that specializes in providing cloud-based solutions and endpoint protection. The company is esteemed for its CrowdStrike Falcon platform, which integrates artificial intelligence, machine learning, and behavioral analytics to thwart cyber threats in real-time. Falcon protects businesses and government entities from cyberattacks, such as viruses, ransomware, and zero-day vulnerabilities. Established in 2011, CrowdStrike is headquartered in Austin, Texas.
The stock price of CrowdStrike Holdings has adjusted to attractive levels. CrowdStrike’s stock experienced a downturn, mirroring the trend of the broad market index, due to weak U.S. macroeconomic data for February, trade policy tightening, potential changes in U.S. macroeconomic and fiscal policy, and statements from Trump about the possibility of a U.S. recession. We think these factors are already priced into the stock, suggesting an upside potential from the current levels, reinforced by the robust fundamentals underpinning CrowdStrike’s business.
Cybersecurity continues to be an essential priority for both businesses and government agencies. Unlike other IT expenses that might be reduced during economic downturns, investment in data and infrastructure protection remains indispensable. The prevalence of cyberattacks is unaffected by economic conditions; in fact, they often surge during crises. Historical evidence highlights notable increases in phishing, account breaches, and ransomware activities during periods of economic instability. Additionally, strict regulatory frameworks such as GDPR, NIST, and SOC 2 impose significant penalties for non-compliance, compelling companies, even those struggling financially, to maintain rigorous cybersecurity measures. Amid the widespread transition to remote work and cloud-based technologies, securing digital infrastructure is of utmost importance. CrowdStrike’s Falcon platform is strategically positioned to address these needs, offering a holistic solution that supersedes traditional endpoint, cloud services and corporate accounts protection systems. Organizations striving to reduce IT budgets are increasingly adopting platform solutions like Falcon XDR, which enhances cost efficiency and defense effectiveness.
AI and automation serve as significant competitive advantages for CrowdStrike. The company distinguishes itself from competitors through its innovative use of artificial intelligence and machine learning. Unlike conventional antivirus tools that rely on signatures, Falcon processes up to 2 trillion events daily, predicting attacks before they occur. Such automation reduces labor costs and reliance on costly IT personnel, especially crucial in the context of rising inflation and increasing wage pressures. AI solutions enable businesses to achieve both cost savings and superior protection. Moreover, the predictive accuracy of CrowdStrike’s AI improves with the breadth of data it processes, creating a network effect that strengthens its competitive edge over rivals such as Palo Alto Networks and SentinelOne.
The target price for the shares is $350, the rating is Sell. We recommend setting a stop loss at $280.
CrowdStrike’s Earnings Miss Sends Shares Tumbling: What’s Next?CrowdStrike Holdings Inc. ( NASDAQ:CRWD ) faced a significant setback in the market after issuing disappointing earnings guidance, leading to a sharp decline of nearly 9% in extended trading. While the cybersecurity firm reported solid revenue growth, concerns over weaker-than-expected earnings projections overshadowed its performance.
Earnings Disappoint, But Revenue Holds Strong
CrowdStrike reported earnings per share (EPS) of $1.03 for the quarter. However, this number wasn’t directly comparable to analysts’ expectations. Revenue came in at $1.06 billion, surpassing the forecasted $1.03 billion and marking a 25% year-over-year increase from $845.3 million in the prior period.
Despite the revenue beat, the company posted a net loss of $92.3 million, or 37 cents per share, compared to a net income of $53.7 million, or 22 cents per share, a year earlier. This shift into the red raised investor concerns, especially given the company's prior profitability momentum.
Technical Outlook
At the time of writing, NASDAQ:CRWD is down 7.3% in premarket trading, reflecting strong selling pressure. The stock is approaching oversold territory, with the Relative Strength Index (RSI) sitting at 37.80. A further decline could push it below the key 30 level, indicating a deep oversold condition and potential for a short-term bounce.
From a trend perspective, NASDAQ:CRWD is teetering on the edge of a bearish breakout. If the market opens with further downside pressure, a breach of key support levels could trigger an extended decline. Investors should watch for potential support around $340, while resistance remains near $380.
Don't miss the Next AI Gold Rush! WATCH NOW!In this video, we delve into the next phase of artificial intelligence and explore the companies set to benefit the most. From giants like Microsoft and Salesforce to rising stars like Snowflake and CrowdStrike, we break down how each company is harnessing AI to revolutionize their industries. Don't miss out on this deep dive into the tech titans leading the AI charge and shaping the future. Subscribe and hit the bell icon to stay updated on the latest in AI advancements! NASDAQ:CRWD NYSE:CRM NYSE:SNOW NASDAQ:MSFT NASDAQ:TEAM NYSE:PATH NYSE:SHOP NASDAQ:DDOG NYSE:NET NASDAQ:MDB
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$CRWD Up 29% Following 100% Accuracy in SE Labs Ransomware TestCrowdStrike Holdings, Inc. (NASDAQ: NASDAQ:CRWD ), a global leader in cybersecurity, has made headlines with a groundbreaking achievement in the 2024 SE Labs Enterprise Advanced Security (EDR) Ransomware Test. The company’s Falcon® platform achieved an unprecedented 100% detection, 100% protection, and 100% accuracy against ransomware threats, setting a new benchmark in cybersecurity. This news has fueled a significant 29% surge in NASDAQ:CRWD ’s stock value, signaling strong investor confidence.
Achievements
In the largest real-world ransomware test to date, CrowdStrike ( NASDAQ:CRWD ) demonstrated its superiority by thwarting all known and unknown ransomware threats without a single false positive. SE Labs awarded CrowdStrike its AAA Award for Advanced Security EDR Protection for the third consecutive year, citing the company’s ability to “exceed the challenges” posed by increasingly sophisticated cyberattacks.
Key Highlights from the Test:
- Unified Protection Across the Attack Lifecycle: CrowdStrike’s Falcon platform provided complete detection and protection at every stage of the attack, offering security teams detailed insights into network breaches and lateral movement attempts.
- AI-Driven Detection and Response: Powered by advanced behavioral AI and machine learning, the platform blocked all direct ransomware attacks, including zero-day threats, while maintaining flawless accuracy.
- Cloud-Native Architecture: CrowdStrike’s cloud-native design enabled real-time threat detection and rapid response without straining system resources, effectively neutralizing advanced ransomware families like LockBit and GandCrab.
Simon Edwards, CEO of SE Labs, praised CrowdStrike, stating, “Every year, we raise the bar to mirror the increasing complexity of real-world attacks, and CrowdStrike not only meets but exceeds these challenges.”
Technical Analysis
As of the time of writing, NASDAQ:CRWD is up 7.85% in intraday trading, following a 29% surge in the past 24 hours. This rally marks a significant breakout, as the stock surpassed the psychological resistance level established in July 2024. The recent price action reflects strong bullish momentum, positioning NASDAQ:CRWD for potential new highs.
Key Technical Indicators:
- Relative Strength Index (RSI): Despite the price surge, the RSI remains at 68.77, suggesting more room for upward movement before reaching overbought territory.
- Support and Resistance Levels: If a pullback occurs, immediate support lies at the 61.8% Fibonacci retracement level. This zone serves as a key buying opportunity for traders, reinforcing the stock’s potential for a continued rally.
- Market Comparison: While NVIDIA has faced a historic loss of nearly $600 billion in market capitalization, CrowdStrike’s rise highlights its resilience and growing prominence in the tech sector.
Outlook and Implications
CrowdStrike’s achievements underscore its leadership in the cybersecurity space. The Falcon platform’s success not only bolsters the company’s reputation but also positions it as a preferred choice for enterprises seeking robust ransomware protection. As modern adversaries grow more sophisticated, CrowdStrike’s innovative approach ensures comprehensive security across endpoints, cloud, identity, and data.
For investors, NASDAQ:CRWD ’s recent performance and technical setup indicate a promising trajectory. With its psychological resistance breached and strong fundamentals in place, the stock is poised to attract further attention, potentially reaching new highs in the near term. Traders should monitor the 61.8% Fibonacci level for potential entry points in case of a retracement.
Conclusion
CrowdStrike’s perfect scores in the SE Labs ransomware test and its subsequent stock surge underscore the company’s innovation and resilience. As the cybersecurity landscape evolves, CrowdStrike continues to set the standard, ensuring organizations stay one step ahead of adversaries. With its unified, AI-driven approach, the Falcon platform empowers businesses to tackle the most sophisticated threats, solidifying CrowdStrike’s position as a market leader in cybersecurity.
CRWD Long TradeLong entry: 373.90, based on a breakout of a key resistance level.
🔹 Stop-loss: 371.02 (below recent support)
🔹 First target: 382.84 – potential resistance zone, 50% profit-taking
🔹 Second target: 389.13 – continuation if momentum sustains
📈 Trade rationale:
1D chart: Uptrend intact, supported by a 22 Bullish Reversal on the 1H chart.
4H chart: Breakout above the last resistance with bullish momentum.
High ATR signals potential for a significant price movement.
🔎 Risk management:
Risk-reward ratio of 1:3 for the first target and 1:5 for the second.
Entry will be confirmed by price stability above 373.90 to avoid a false breakout.
$CRWD upside channel $360 targetThe Daily 5m looks phenomenal and so do some of the hourlies. Flow is showing mixed. Calls sold, calls bought. I see one above ask $350 strike. This chart looks solid if we don't break down $340. This is on my watch. I see inverted head and shoulders forming hoping this bottoms out and an upside channel in a flag. Eyeing $360c 2025. Follow and leave a comment.
WSL
CROWDSTRIKE $CRWD | EARNINGS TARGETS Nov. 26th, 2024CROWDSTRIKE NASDAQ:CRWD | EARNINGS TARGETS Nov. 26th, 2024
BUY/LONG ZONE (GREEN): $375.00 - $407.50
DO NOT TRADE/DNT ZONE (WHITE): $359.00 - $375.00
SELL/SHORT ZONE (RED): $330.00 - $359.00
Weekly: Bullish
Daily: Bullish
4H: Bullish
NASDAQ:CRWD earnings release today, Nov 26 post market. Expected move based on ATM straddles is $30 or roughly +/-8.24%. Bullish price target is based off of my expected optimistic upside movement to be around +12% post earnings. A near mirrored move, comparable to the bullish target estimate, more accurately should be around $320. Can easily extend bearish target area down to $300.
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CrowdStrike is about to push to ATH's, 60% Move Inbound!CrowdStrike is about to push to ATH's, 60% Move Inbound!
NASDAQ:CRWD is going higher and presenting a buying opportunity!
60% Potential Upside! 📈
In this video, we dive into this Cyber Security Goliath:
💡 Key Highlights:
-Breaking out of Bull Flag
-H5 Indicator: Flashing green for a bullish signal
-Volume Insights: Massive GAP to fill
-Technical Analysis: Consolidation box formed on WR%
Targets:
🎯$399
📏$537
Don't miss out on the potential explosive growth of CrowdStrike! Tune in to see why this stock could be a game-changer!
NFA
When Does a Digital Guardian Become a Digital Liability?In a dramatic turn of events that has captivated both Wall Street and Silicon Valley, a routine software update has spiraled into a half-billion-dollar legal battle between two industry titans. Delta Air Lines' lawsuit against cybersecurity leader CrowdStrike raises fundamental questions about corporate accountability in our increasingly interconnected world. The incident, which paralyzed one of America's largest airlines for five days, serves as a stark reminder of how thin the line has become between digital protection and digital vulnerability.
The case's implications stretch far beyond its $500 million price tag. At its core, this legal confrontation challenges our basic assumptions about cybersecurity partnerships. When CrowdStrike's update crashed 8.5 million Windows computers worldwide, it didn't just expose technical vulnerabilities—it revealed a critical gap in our understanding of how modern enterprises should balance innovation with stability. Delta's claim that it had explicitly disabled automatic updates, only to have CrowdStrike allegedly circumvent these preferences, adds a layer of complexity that could reshape how businesses approach their cybersecurity relationships.
Perhaps most intriguingly, this case forces us to confront an uncomfortable paradox in corporate technology: can the very systems we deploy to protect our infrastructure become our greatest point of failure? As businesses pour billions into digital transformation, the Delta-CrowdStrike saga suggests that our cybersecurity paradigm might need a fundamental rethink. With federal regulators now involved and industry leaders watching closely, the outcome of this battle could redefine the boundaries of corporate liability in the digital age and set new standards for how we approach the delicate balance between security and operational stability.
CRWD – Daily Time Frame Pullback After BreakoutOn the daily timeframe, CRWD has broken out of a key resistance level and is now in the process of a pullback. My target for this move is the pink zone, which I’ve identified as the next potential resistance.
Strategy: I'll be monitoring this pullback closely for a potential move toward the pink zone, which could be a good area to take profits.
CrowdStrike’s Earnings Beat Expectations, Outlook Clouds Future Key Takeaways:
- Revenue Surprise: CrowdStrike’s revenue surged 32% year-over-year, surpassing analysts' expectations.
- Outage Fallout: The first earnings report since a significant global outage reveals lowered revenue guidance and potential long-term customer trust issues.
- Financial Forecast Adjustment: Revised revenue guidance for the fiscal year ending January 31, 2024, lowered to $3.89 billion - $3.9 billion from the previous $3.97 billion - $4 billion projection.
CrowdStrike’s Revenue Beat Amid Challenges
CrowdStrike Holdings ( NASDAQ:CRWD ), a leading cybersecurity firm, delivered better-than-expected earnings this quarter, posting a 32% increase in revenue year-over-year to $963.9 million. However, despite these solid top-line numbers, the company lowered its full-year revenue guidance following a substantial software update failure that led to a global outage affecting numerous clients.
The Aftermath of the Global Outage
The recent report marks CrowdStrike’s first public disclosure since the critical July 19th incident, which disrupted services globally and caused significant operational issues for major clients, including Delta Air Lines. To manage the fallout, CrowdStrike has committed to a $60 million "customer commitment package," offering credits to affected clients. Still, this amount is likely only a fraction of the actual damages incurred, with Delta alone estimating losses of around $500 million.
Despite these setbacks, CrowdStrike has managed to retain a 98% customer retention rate, suggesting a robust level of client loyalty. CEO George Kurtz emphasized the company’s resilience, stating, "Working with customers to recover from the July 19 incident, we emerge as an even more resilient and customer-obsessed CrowdStrike."
Financial Adjustments and Market Reactions
CrowdStrike ( NASDAQ:CRWD ) adjusted its revenue forecast for the fiscal year, now expecting between $3.89 billion and $3.9 billion, down from its earlier prediction of $3.97 billion to $4 billion. This revision aligns with the company's strategy to manage customer relations and mitigate the fallout from the outage.
The market reaction has been mixed: CrowdStrike shares ( NASDAQ:CRWD ) initially climbed in after-hours trading but later fell by about 2%. As of Wednesday’s close, the stock remains down over 20% since the outage but has rebounded 33% from the post-outage low three weeks ago. Investors appear cautiously optimistic, recognizing both the risks and the potential for recovery.
Balancing Revenue Growth and Customer Retention
The company's annual recurring revenue (ARR) increased by 32% to $3.86 billion, with $217.6 million added in the quarter, highlighting the ongoing demand for cybersecurity solutions despite recent hiccups. The challenge, however, lies in maintaining this growth trajectory. Moody’s recently revised its outlook on CrowdStrike from "positive" to "neutral," reflecting concerns about potential revenue growth slowdowns and the company's ability to manage customer relationships post-incident.
Legal Battles and Future Outlook
CrowdStrike ( NASDAQ:CRWD ) is gearing up for potential legal disputes, particularly with Delta Air Lines, which is preparing to sue the company over the outage losses. CrowdStrike has a contractual liability cap of less than $10 million with Delta, but the extent of the financial impact remains uncertain.
Moody’s analyst Raj Joshi commented, "If performance is deteriorating, it’s not going to show up in the numbers immediately. There’s a lag." He pointed out that while existing customers may take time to switch providers, the bigger challenge for CrowdStrike will be to rebuild trust and continue selling additional services to clients affected by the outage.
Conclusion
While CrowdStrike’s recent earnings report underscores its robust revenue capabilities, the company faces an uphill battle to manage customer trust, retain business, and mitigate the financial and reputational damage caused by the outage. The next few quarters will be crucial in determining whether CrowdStrike ( NASDAQ:CRWD ) can maintain its growth momentum or if the lingering effects of this incident will prove more detrimental to its long-term prospects.
I AM BULLISH ON CROWDSTRIKE (CRWD)
On August 5th, we observed CROWDSTRIKE (CRWD) experiencing a significant downturn, dropping to approximately $200.
This decline coincided with a challenging day across both the financial markets and the cryptocurrency space. As of now, CRWD has rebounded to $248.
Based on my current analysis, I believe this is an attractive entry point for a mid-term investment. I am initiating a buy position at this level, targeting a price of around $300. To manage risk, I have set a stop loss at $228.
RR = 1:3.2
Despite recent volatility, CROWDSTRIKE remains a stock with strong potential for growth.
NVDIA BULLS! DON'T FART TOO LOUDLY. IT'S TOO STUFFYhe AI boom is reaching the sort of lofty heights that characterised history’s great bubbles, from the Dutch tulip mania to the dotcom bust at the turn of the millennium. Investors have now determined that Nvidia alone is worth more than the entire annual output of Spain. Add in the tech companies expected to profit most from the AI revolution — Nvidia along with Amazon, Apple, Alphabet, Meta, Tesla, and Microsoft — and the so-called Magnificent Seven are together valued at more than the stock markets of every other country on the planet. The American stock market’s spectacular performance over the last year, up more than a fifth, has been driven almost entirely by these seven companies.
We’ve been here before, many times. New technologies often produce bubbles — railways in the 19th century, automobiles and radios in the 1920s, the internet in the 1990s and now the AI boom, which was triggered by Open AI’s launch of ChatGPT late in 2022. Driving any bubble is the same conviction that the new technology will revolutionise the economy, combined with the fact that nobody can be sure just how it will do that. So narratives of transformation become self-sustaining, as the stock’s rise draws in ever more investors eager to join the ride, creating a self-propelling upward cycle.
In time, all bubbles burst, earlier or later.
CrowdStrike Faces Crisis: A Major Outage and Its AftermathCrowdStrike Holdings Inc., ( NASDAQ:CRWD ) a giant in the cybersecurity industry, recently faced one of the most significant technological crises in history. The incident, which caused substantial financial losses for its customers, has raised important questions about liability, resilience, and the future of cybersecurity.
The Incident: A Global Technology Meltdown
On the morning of July 19, 2024, a software update issued by CrowdStrike for Microsoft Windows systems triggered a massive global outage. The fallout was immediate and severe, impacting healthcare providers, banks, airlines, TV stations, and hotels. Over 8.5 million PCs and devices running Windows were affected, leading to widespread business interruptions, operational delays, and significant financial losses.
Financial Impact: Billions in Losses
Parametrix, an analytics and insurance provider, estimated the financial impact of the outage at $5.4 billion for Fortune 500 companies alone. Despite this staggering figure, CrowdStrike ( NASDAQ:CRWD ) itself is largely shielded from direct financial repercussions due to the software industry’s licensing structures, which limit developer liability, and the comprehensive insurance policies held by CrowdStrike and its clients. Nevertheless, the cybersecurity insurance policies of these Fortune 500 customers will likely cover only 10% to 20% of the losses, translating to insured losses between $540 million and $1.08 billion.
Response and Recovery
CrowdStrike's Chief Executive, George Kurtz, took to LinkedIn to reassure stakeholders, announcing that over 97% of Windows sensors were back online. However, the recovery came at a cost to customers, who suffered significant losses due to downtime and business disruptions. In his public statement, Kurtz emphasized the company’s commitment to its customers and promised a detailed update in the forthcoming earnings call.
Market Reaction and Analysis
Following incident, CrowdStrike's shares dropped by about 25%, resulting in a market value loss of approximately $22 billion. Analysts have adjusted their price targets to account for the potential long-term effects. Despite this setback, CrowdStrike's strong position in the cybersecurity industry and its crucial role in preventing cyberattacks indicate a complex future. While the company's software is difficult to replace, the incident may impede new customer acquisition. The stock closed at $254.15 previously, with a day's range of $251.26 to $260.54, and a 24-hour volume of 9,519,211 shares. The next Crowdstrike ( NASDAQ:CRWD ) Earnings Date is slated for Aug 28, 2024.
Industry Perspectives
Tracy Woo, a cloud computing analyst at Forrester Research, highlighted CrowdStrike’s critical role in cybersecurity. “CrowdStrike is probably one of the biggest, most dominant software companies out there in the cybersecurity field,” Woo noted. While she does not foresee a mass exodus of customers, she acknowledged that renewal rates could drop, depending on how deeply integrated CrowdStrike's solutions are within their clients' systems.
Legal and Insurance Implications
Bronstein, Gewirtz & Grossman, LLC has encouraged investors to seek compensation for alleged wrongdoings, as the potential for litigation looms. Jonathan Hatzor, CEO of Parametrix, explained that it is impossible for companies like CrowdStrike to shoulder unlimited financial liabilities, hence the reliance on insurance to diversify and mitigate such risks.
The Road Ahead
CrowdStrike's resilience will be tested in the coming months as it navigates the fallout from this incident. The company's ability to retain customer trust, mitigate legal repercussions, and maintain its leadership in cybersecurity will be critical. Upcoming developments, including the anticipated updates in their earnings call and potential new measures to prevent such incidents in the future, will be closely watched by stakeholders.
While the recent outage has undeniably impacted CrowdStrike and its customers, the company's position in the cybersecurity landscape offers a foundation for recovery and continued dominance. As the market adjusts to these developments, CrowdStrike's commitment to its customers and its proactive measures will be pivotal in restoring confidence and driving future growth.
For more in-depth analyses and updates on CrowdStrike and other major players in the tech industry, follow @DexWireNews.