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Added to YB: 2025-06-16

Pitch date: 2025-06-12

CRWD [neutral]

CrowdStrike Holdings, Inc.

+6.27%

current return

Author Info

Started in 2000, Disclosure Insight (DI) is an independent publisher of investment research that focuses on one thing, and one thing only: Public company interactions with the US Securities and Exchange Commission (SEC). Sign up for the newsletter.

Company Info

CrowdStrike Holdings, Inc. provides cybersecurity solutions in the United States and internationally.

Market Cap

$129.1B

Pitch Price

$475.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

-2.2K

P/E

-405.39

EV/Sales

27.41

Sector

Software

Category

special_situation

Show full summary:
CrowdStrike: Restatement Risk Now Elevated

CRWD (red flags): SEC/DOJ probes into revenue recognition, ARR reporting, and July 2019 outage raise restatement risk. Company delayed disclosure from Jan to Jun 2025, revealing only after earnings call via analyst question. Dual agency involvement suggests potential criminal exposure. Internal controls claimed effective despite serious investigation.

Read full article (3 min)