CRWD Earnings: CrowdStrike Posts Better-Than-Expected Q4 Results

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Cybersecurity firm CrowdStrike CRWD +1.81% ▲ reported strong fiscal fourth-quarter results. The company delivered adjusted earnings per share (EPS) of $1.12, which topped Wall Street forecasts of $1.10 and compared favorably to $0.81 in the prior-year quarter. Revenue of $1.31 billion came slightly ahead of consensus expectations of $1.3 billion. Sales in the quarter were up 23% from a year earlier.

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Is CRWD Stock a Buy or Sell?

Currently, Wall Street has a Moderate Buy consensus rating on CrowdStrike stock based on 20 Buy and seven Hold recommendations. The average CRWD stock price target of $510.30 indicates a 30.42% upside potential.

It’s worth noting that these estimates will likely change following today’s earnings report.

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