Long Position on CRWD @ $186.75 on 12/18/2020 (Fundamentals)

CrowdStrike Holdings, Inc. (CRWD) provides cloud-delivered solutions for next-generation endpoint protection in the United States, Australia, Germany, India, Romania, and the United Kingdom.

It offers 11 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets, such as endpoint security, security and IT operations, and threat intelligence to deliver comprehensive breach protection even against today's most sophisticated attacks.

The company primarily sells its platform and cloud modules through its direct sales team.

Crowdstrike Holdings, Inc. reported 3rd Quarter October 2020 earnings of $0.06 per share on revenue of $232.5 million. The consensus earnings estimate was $0.01 per share on revenue of $213.7 million. Revenue grew 85.8% on a year-over-year basis.

The company said it expects fourth quarter non-GAAP earnings of $0.08 to $0.09 per share on revenue of $245.5 million to $250.5 million. The current consensus estimate is earnings of $0.01 per share on revenue of $231.06 million for the quarter ending January 31, 2021.

This stock should be heading higher as the rapidly-growing cloud company as it continues to develop. new products for the workload protection sphere.

Entry Point: $186.75

Trading Range: $31.95 - $182.21

Stop Loss: $177.45

Target Price: $205.45

Updates

12/21/2020 9:37:02 AM

CRWD closed at $207

Position closed on 12/21/2020 at price of $207.00 with a 10.84% gain in 3 days.

Back to Portfolio