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?
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