Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Buy CrowdStrike Holdings (Motley Fool)
Tom Gardner July 2, 2020 Buy Recommendation
Current Price: CRWD $ 106.14 $ 3.19 (3.1%) Price as of July 2, 1:43 p.m.
Key Data
What It Does
Cybersecurity expert CrowdStrike Holdings offers enterprise clients its threat-monitoring Falcon platform. By concentrating on endpoint connections to the internet, CrowdStrike can detect attacks before they strike critical IT infrastructure, and it can then warn its entire client base to help defend against similar attacks.
Why You Should Buy
The cybersecurity products that rival companies offer aren't as effective as CrowdStrike's Falcon, which combines machine learning, artificial intelligence, behavioral analytics, and proactive threat hunting.
CrowdStrike has a strong leader at the helm, as co-founder/CEO George Kurtz has considerable experience in cybersecurity and retains a substantial stake in the company's stock.
The ongoing migration toward digital resources makes CrowdStrike's addressable market bigger than ever, and the company has capitalized on its opportunities to grow its revenue substantially.
Buyer's Guide
Industry: Security Software
Size: Large Cap
Region: North America
Key Data
Headquarters: Sunnyvale, California
Website: CrowdStrike investor relations
Market Cap: $21.3 billion
Cash/Debt: $1 billion / $0 as of Q1 fiscal 2021
Revenue (FY 2019/'20/TTM): $250 million / $481 million / $563 million
Earnings (FY 2019/'20/TTM): ($140 million) / ($142 million) / ($135 million)
Recent Price: $102.95
Add CRWD to Your Favorites
Financial data from S&P Global Market Intelligence.
Data as of July 2, 2020
I offer some reminders before sharing this month’s second recommendation of CrowdStrike Holdings (NASDAQ: CRWD), a business that I believe has powerful network effects and is positioned for rapid growth in sales and cash flows. CrowdStrike will protect organizations from a growing number of cyber threats, and I expect those clients to increase their spend annually. Now, for my key reminders:
I urge you to own at least 25-30 of our Motley Fool recommendations.
I urge you to hold all of these investments for at least five years.
I urge you to consider having a 5%-10% cash position in your portfolio.
I urge you to never go on margin, or borrowing money to buy stocks.
I urge you to accept that I will deliver some doggishly bad investments.
I urge you to hold your winners and add to them.
I urge you to accept that the market will fall 20%-40% at times along the way.
I urge you to keep saving and investing for the rest of your life.
I urge you to take action to advance freedom, safety, and opportunity for every single human being, with a focus on those in marginalized, underserved, and underrepresented populations — as that simply leads to (among other great things) healthier, more innovative, and more dynamic markets.
These nine principles, in my experience, have led to tremendous wealth accumulation for everyday Fools like us. Successful investing takes time. It takes discipline. It takes wherewithal. It takes the true desire to have a stronger financial foundation and a better life. Let’s make it fun, interesting, and Foolish as well.
The Big-Picture Opportunity
The digital revolution hasn't just forced companies to embrace technology. It's also left them potentially exposed to all the threats that are part and parcel of collecting and storing data. Moreover, as the complexity of IT infrastructure has risen, so, too, have the complications involved in making sure that key information and resources are safe. When so many mission-critical resources are stored in the cloud, the number of threats rise exponentially.
CrowdStrike Holdings recognizes that cybercrooks keep leveling up their game. But the company has put the power of positive network effects on its side. By effectively helping its entire base of enterprise clients collaborate with one another about the attacks they've faced, CrowdStrike's Falcon platform learns from past experience and immediately puts that knowledge to use in detecting threats and anticipating the next attack.
Why We're Excited About CrowdStrike Holdings
Get More Info
Talk About CRWD
Talk about how CRWD fits into SA here
See how you can tell if this investment is going right — or wrong.
CrowdStrike knows that the days of effective on-premises-only cybersecurity measures are over, and Falcon was designed specifically with the cloud in mind. To do so, CrowdStrike identifies the most vulnerable spots at which its clients and their respective customers and employees have to be on their guard. The places where critical information comes into contact with the broader internet -- whether via an in-house server or workstation, a remote worker's laptop or smartphone, or a customer's mobile app -- need the most protection. That's where Falcon concentrates its attention in detecting attacks. It's also where its revolutionary Threat Graph breach prevention engine shines, because in defending one client, CrowdStrike gets valuable insight into how to protect all of its clients.
Co-founder and CEO George Kurtz explained the core concept underlying Falcon's approach at a conference in early June. Kurtz found that even as many niche industries in technology moved into the cloud, there wasn't really a cloud-first security platform until CrowdStrike filled the void. Traditional firewalls and antivirus software became increasingly ineffective, but legacy cybersecurity companies had too much invested in their past business models to make the disruptive leap necessary to address the rapidly evolving threats to cloud assets. That left the door open to CrowdStrike's move into the cloud.
Why We Trust Leadership
The fact that Kurtz had the vision and courage to make that move is the key reason we're so confident in his ability to keep leading CrowdStrike forward. He had the same experience as many of his peers, developing his own cybersecurity solution and selling his business to industry leader McAfee. He could have rested on his laurels and remained on board as McAfee's chief technology officer. Instead, Kurtz refused to accept the second-best solutions he saw there. He found a kindred spirit in fellow co-founder Dmitri Alperovitch, and they started CrowdStrike.
It's not surprising to see that Kurtz has set things up to steer CrowdStrike well into the future. With about 8% of the company's shares, Kurtz now has $1.8 billion of his own money tied up in CrowdStrike, and the 49-year-old's super-voting shares give him more than a fifth of the voting power shareholders have. We're excited about having him at the helm for years to come.
Why Now
When we first recommended CrowdStrike last month, we said a lot about the past growth that the company has enjoyed. Its fast-growing client base includes some of the top companies in the world, and those clients tend to spend more and more for CrowdStrike's protection as they stick with the platform.
The COVID-19 pandemic has dramatically changed the landscape for enterprise tech, and CrowdStrike is jumping at the chance to extend its reach and appeal to a growing set of new customers. The company extended special terms to some of its customers and to businesses in industries such as airlines and hospitality that the crisis hit hardest. CrowdStrike has worked closely with clients to help them deal with the rapid rise of remote work, which created challenging situations for companies that hadn't previously dealt with the heightened dangers inherent in allowing remote access to critical work functions.
Unfortunately, the pandemic has also raised the overall threat level for cyberattacks. As one customer told Kurtz, "Our adversaries will be more motivated than ever to harm us now, when they think we may not be paying attention." Yet that's also an opportunity for CrowdStrike, which the same customer said has become "the linchpin of our security program."
Kurtz sees the move to remote and hybrid workforces as accelerating the existing secular trend toward the cloud. Even in uncertain macroeconomic times, that trend will continue, and CrowdStrike has made it a priority to use that tailwind to its advantage.
Potential Business Risks
With that growth opportunity, however, comes financial risk. CrowdStrike is losing money, and promotional efforts to boost sales growth will likely push back the timeline on the company eventually reaching profitability. We're comfortable with short-term losses as long as they lead to greater long-term profits, but we'll be watching spending closely to make sure CrowdStrike is doing it smartly.
CrowdStrike stock has held up well, and that's kept its price-to-sales ratio between 35 and 40 even as revenue grew in the first quarter. We're used to seeing rich valuations on successful high-growth stocks, but investors need to be comfortable with a razor-thin margin of safety if an adverse event affects the cybersecurity company or the tech industry.
Why CrowdStrike Holdings Is Worth an Investment Today
It's not often that we recommend a stock two months in a row. But the company's unique opportunity in the key cybersecurity niche of the increasingly important cloud computing space justifies a quick repeat pick in our view. With CrowdStrike moving forward quickly to capture more market share, it still has a long way to go higher
Cyber security companies are going to do very well as the Work at Home movement stays for the long term
Lying to the FBI and launching RussiaGate will be a problem.
Managing employees' device security when they work remotely is going to drive business to cybersecurity firms.
You should read the house over site questioning of Shawn Henry.
Cybersecurity firms are going to do great goong forward. Internal IT departments cannot build a wall around every employees home office.
Crowdstrike is at the center of a horrible conspiracy.,
BEWARE!
opening december 2020 $17.5 puts across all accounts.
also march 2021 $17.5 puts
hoping this pushes north of $85 per share.
opened 20 48 puts 2/14/20 exp. .10
crowd strike has serious problems concerning their work with the DNC
and clinton.
i think this week or next maybe the coming out party.
this stock will be out of business soon.
$CRWD: Damnnn... I was thinking $60wkly Calls here
Damn it ........ now up from $0.05 to $0.40
Should bought them at the open.
This was so obvious given the Iran situation.
GO $CRWD
Who wants to own shares of a company that reports losses and its shares cost more than $50 wow. This has to go down to .50 cents per share.
I still believe CRWD is a buyout target! Just a matter of time now
TRUMP IS DUMB LIKE A FOX. THE CHICKENS WILL BE COMING HOME TO ROOST ONCE THE THREE REPORTS ARE RELEASED. HORROWITZ, BARR & DURHAM REPORTS WILL IMPLICATE HUNDREDS OF DEEP STATE PLAYERS AND THEIR CONSPIRACY ALONG WITH THE MAINSTREAM MEDIA. BACK TO CRWD, WHERE IS THE SERVER THAT THEY AUDITED?
Trump the dumb dumb adding on to the already good buying opportunity that’s coming.... thanks trump
Anybody selling puts here? Got the august 75 at $1.40 11 day holding period.
Interesting that these two companies were in the same article.
CrowdStrike Holdings, Inc. (CRWD) Touches $94.72 High on Jul, 30; CIPHERLOC (CLOK) Shorts Decreased By 72.33%
ash
The stock of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) reached all time high today, Jul, 30 and still has $102.30 target or 8.00% above today’s $94.72 share price. This indicates more upside for the $19.42B company. This technical setup was reported by Barchart.com. If the $102.30 PT is reached, the company will be worth $1.55 billion more. The stock increased 8.59% or $7.49 during the last trading session, reaching $94.72. About 2.75M shares traded. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has 0.00% since July 30, 2018 and is . It has underperformed by 4.43% the S&P500.
CIPHERLOC CORP (OTCMKTS:CLOK) had a decrease of 72.33% in short interest. CLOK’s SI was 15,300 shares in July as released by FINRA. Its down 72.33% from 55,300 shares previously. With 43,800 avg volume, 0 days are for CIPHERLOC CORP (OTCMKTS:CLOK)’s short sellers to cover CLOK’s short positions. The stock decreased 10.00% or $0.09 during the last trading session, reaching $0.81. About 6,200 shares traded. Cipherloc Corporation (OTCMKTS:CLOK) has 0.00% since July 30, 2018 and is . It has underperformed by 4.43% the S&P500.
Cipherloc Corporation provides data security solutions. The company has market cap of $33.04 million. It offers CipherLoc, a polymorphic key progression algorithm encryption cipher engine for use in commercial data security industry and/or in sensitive applications. It currently has negative earnings. The firm was formerly known as National Scientific Corporation and changed its name to Cipherloc Corporation in March 2015.
More notable recent CrowdStrike Holdings, Inc. (NASDAQ:CRWD) news were published by: Nasdaq.com which released: “Dynatrace Holdings IPO: What Investors Need to Know – Nasdaq” on July 30, 2019, also Seekingalpha.com with their article: “CrowdStrike Is Priced Like A Superstar – Seeking Alpha” published on July 25, 2019, Seekingalpha.com published: “CrowdStrike: The Market Ignores The Competition – Seeking Alpha” on July 22, 2019. More interesting news about CrowdStrike Holdings, Inc. (NASDAQ:CRWD) were released by: Globenewswire.com and their article: “CrowdStrike Reports Fiscal First Quarter 2020 Financial Results – GlobeNewswire” published on July 18, 2019 as well as Seekingalpha.com‘s news article titled: “CrowdStrike: Too Challenging To Win Here – Seeking Alpha” with publication date: July 16, 2019.
CrowdStrike Holdings, Inc. develops security solutions in the United States. The company has market cap of $19.42 billion. It offers Falcon platform, a cloud based security solution that protects workloads across on-premise, virtualized, and cloud environments running on various endpoints, such as laptops, desktops, servers, virtual machines, and IoT devices. It currently has negative earnings. The firm also provides Threat Graph, a cloud graph database.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
Like the days action, would love to sea serious consolidation between 85 and 89 before liftoff through $100 ... stair stepping!! Ooh man, this baby got legs... Perfect for a core,... AND traders through volatility... LONGterm holding & swingers in play here!... Options candy for a while if you got a pulse... ;-D
Massive revenue flow, plus continuous subscription increases.
Rumors have it that crwd is looking at adding Clok (Cipherloc encryption technology) to their stable of products.
This would be huge for both companies.
Today could be the day! > May surge pass $100. > CRWD
PANW Market cap 21 billion... CRWD 400 mill... hello...
I wonder how many PANW holders will need to sell to pick up New front runner...
I see $120 in the near horizon. Great company in a great space.
Super low float primed to now move $100+ >
CRWD
Revenue: Total revenue was $96.1 million, a 103% increase, compared]to $47.3 million in the first quarter of fiscal 2019. Subscription revenue was $86.0 million, a 116% increase, compared to $39.8 million in the first quarter of fiscal 2019.
I didn’t know the quarterly was coming out today. I sold all mine tonight also. I’ve had two pretty decent runs at it, can’t complain. I know you’ve had two or three runs at it and done well. I’m on my second run with INS right now, $28 (in) to $45(out) and bought at $30 this time around. Its around $40 now. It’s a little spooky. They have some accounting issues (investor lawsuits), hope they can work through them. OS is 8 million. Trailing EPS is $.83; they report at the beginning of August. Every time someone uses Apple Pay, their using INS software.
It’s fintech. If they have great numbers, the lawsuits will go away.
I don’t know if you want to risk it. I’ll probably get out before the quarterly if it starts running before then.
I’m watching:
Ticker: PAGS. $45/sh.
Brazilian fintech for small businesses in Latin America
It’s ran up hard to $45-$46
I don’t own any. I have buy orders in at the $36-$39 range.
$85 now, but still glad I took my profits here again. Great report.
I’m out, too hard to pass up.
Wow! Just checked my phone. That’s a tough call. I’ve got to think about this for a few minutes!
Out $81.02 after hours on earnings. Maybe will go higher but taking the profits on the earnings jump.
Insane this statement. They will be bought out within a year for billions by a BIG tech company imo.
Wait until they announce a deal with Cipherloc. Then they will shoot to the moon. Cipherloc has the only truly quantum proof encryption in the world and is poised to release it to a few limited companys.
So much for the cries overvalued, and IPO shares blah blah blah. Targets raised, coverage initiated and a nice seeking alpha article out.
I'm wondering if crowdstrike is going to be using this encryption technology.......if they become the first to use this encryption they will be miles ahead of all the rest.
I'm putting some puzzle pieces together.......it starts with Cipherloc (clok) ...... Cipherloc has the only unhackable encryption technology in the world and is getting ready to release it very soon. They just had an announcement saying they hired Joe Gangi and his team at The Cipher Team / Ageos.
https://www.sec.gov/Archives/edgar/data/1022505/000149315219006114/ex10-38.htm
The Cipher Team is a reseller of Cipherloc. Security Solutions Technology is a reseller of The Cipher Team. Security Solutions is an authorized Partner for CrowdStrike.
http://thecipherteam.com/partners.php
https://www.securitysolutionstechnology.com/encryption
https://www.securitysolutionstechnology.com/
""We are an authorized Channel Partners for CrowdStrike cybersecurity behavioral software and services. We are also resellers for encryption technology, Cloud Pricing technology, mobile device management (MDM), PSIM technology, C2 software, and other IT service technologies. We have unique cybersecurity technology, GIS & geospatial software, Cloud Pricing technology, encryption, IT integration solutions, program management and security audit techniques for the federal market. We can conduct a network cybersecurity risk assessments and offer solutions to ensure computer networks are secure and compliant with the Safety Act. For cybersecurity, we perform penetrating testing, incident response, cyber hunting, and risk and vulnerability assessments (GSA IT 70 Cyber SINs). ""
Yes exactly. CRWD will continue to rise. Don’t forget that tiny company Google in backing it. Heh
$ CRWD $
Good day here. I added early in the morning.
$ CRWD $
It will see $100+ before any other lower levels. The shorts and doubters will help fuel it. Look at what Beyond Meats BYND is doing with the same mindset of “overvalued”.
They become commons prior the IPO. You should read the prospectus. All the preferred convert into class b. What is even more unusual is the fact that CRWD practically has no fanfare on yahoo, twitter, or here at ihub. Makes you wonder where all this buying is coming from.
That piece is satire, agree, by a most likely short. What I love is they think all those classes become commons all at once or even at all. So as these new positions that IPO high then are allowed to be shorted guess where they go... A TON HIGHER. I'll bet you CRWD sees $125 before it see $2.75
Adding today on pullback, ticker wants to go north of $100, big $ will take it there. Best in class company imo.
Probably not. Seems to be moving up in premarket this morning.
Don’t think I’m going to see 58. Rode it last week from 58 to almost 67. Gltu
Another good move today.
Yea? I see that. I didn’t expect it? But what do I know. Ha! I’m waiting for $58 again.
Followers
|
18
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
119
|
Created
|
06/12/19
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |