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CrowdStrike’s Growing Sales Send Stock Soaring

By:
Lucas Downey
Published: Jun 25, 2024, 15:55 GMT+00:00

Cybersecurity company CrowdStrike Holdings, Inc. (CRWD) has become an industry superstar, recently earning a spot in the S&P 500.

S&P 500, FX Empire

In this article:

CrowdStrike’s security offerings have been able to generate sales as competitors have pointed to headwinds for slowed revenue growth. CRWD’s revenue for the first quarter of fiscal year 2025 grew 33% year-over-year. And its AI focus has generated huge growth in share value since the firm’s 2019 initial public offering, with a consensus per-share earnings estimate of $3.98 for the year.

It’s no wonder CRWD shares are up 48% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Pouncing on CrowdStrike Shares

Institutional volumes reveal plenty. In the last year, CRWD has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in CRWD shares. They reflect our proprietary inflow signal, pushing the stock higher:

Source: www.mapsignals.com

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with CrowdStrike.

CrowdStrike Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, CRWD has excellent sales growth over the years:

  • 1-year sales growth rate (+36.3%)
  • 3-year sales growth rate (+52.2%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +22.5%.

Now it makes sense why the stock has been powering to new heights. CRWD has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

CrowdStrike has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report twice in the last year, with more potentially on the horizon. The blue bars below show when CRWD was a top pick…sending shares upward with time:

Source: www.mapsignals.com

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

CrowdStrike Price Prediction

The CRWD rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in CRWD at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.

About the Author

Lucas Downeycontributor

Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.

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