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Added to YB: 2024-07-22

Pitch date: 2024-07-21

CRWD [bearish]

CrowdStrike Holdings, Inc.

-71.04%

current return

Author Info

No bio for this author

Company Info

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

Market Cap

$129.1B

Pitch Price

$285.01

Price Target

N/A

Dividend

N/A

EV/EBITDA

-2.2K

P/E

-405.39

EV/Sales

27.41

Sector

Software

Category

turnaround

Show full summary:
Don't buy the dip on Crowdstrike's outage. Short it instead

CRWD: Major update error caused Windows bootloops, affecting critical infrastructure. Poor crisis management. Repeated issues indicate flawed release process. Premium pricing threatened. 22x P/S valuation at risk. Growth/margins likely to suffer. Lawsuits, regulatory scrutiny expected. Long-term trust eroded. Consider long S/short CRWD.

Read full article (4 min)