Hello everyone.
Crowdstrike’s Earnings are coming out next week. Since the past 4+ Quarters they have consistently beaten Analyst estimates due to which their price has risen after earnings reports.
Considering the market volatility at the end of this week, CRWD’s red performance in the past two days but CRWDs mind blowing performance in the past, what do you guys think?
Most firms rate it as a Strong Buy/Overweight which seems quite logical considering its performance and the whole AI Scenario going on. Average price estimates are around $400.14 which is about $92+ on current price.
Analysts expect itto report adjusted earnings of 89 cents a share, up 56% from a year earlier. Revenue is seen climbing 31% to $905 million.
Is this a good buy before earnings or not?
Calls or Puts? What will it be?
Posted by AdventurousCowMooo
2 Comments
I don’t have much input regarding the direction of CRWD, as it’s not a stock I follow closely and I tend to stick to hardware-first companies, but I’d be careful baking in any promises about AI when it comes to software companies in particular… Software AI capabilities *today* are generally overhyped and often don’t actually even use AI.
AI hasn’t really hit the bottom line for most software providers yet and it’s not even a serious earner for hyperscalers at the moment. It’s going to take more time.
Like it have a spread. Small risk for ER.