Earnings Calendar (25Nov24) - is Crowdstrike on track for profits?

KYHBKO
17:03

Earnings Calendar (25Nov24)

There are a few earnings of interest in the coming week namely Zoom, Dell, HP and Crowdstrike.

Let us take a look at Crowdstrike

The stock price grew 77.6% from a year ago.

Technical analysis recommends a “Strong Buy” rating.

Analysts Sentiment recommends a “Buy” rating. With a target price of $339.07, there is a 6.92% downside for this stock.

Observations about Crowdstrike:

  • Revenue grew from $53M (2017) to $3,056M (2024).

  • Gross profit grew from $19M (2017) to $2,300M (2024)

  • Operating profit remains at a loss -$2M (2024)

  • FCF (10-year Median Margin) is 17.8%

  • Gross Profit (10-year Median Margin) is a strong 71.9%

  • Thus, the expenses they incurred to operate the business are heavy.

  • The P/E ratio stands at a startling 515.0

Crowdstrike may not have seen the economic penalties of their recent system outage.

For the coming earnings, the forecast EPS and revenue are $0.809 and $982.81M respectively.

The company looks to be profitable from the TTM data. This can be good news for the company. I prefer to be an observer and not an investor yet.

@TigerStars

$CrowdStrike Holdings, Inc.(CRWD)$

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