BTIG analyst Gray Powell maintains $CrowdStrike (CRWD.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 56.8% and a total average return of 10.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $CrowdStrike (CRWD.US)$'s main analysts recently are as follows:
Ahead of the Q3 report set for November 26, there is belief that the results could surpass expectations. Last quarter saw a material revision of expectations downwards, and the guidance provided was notably conservative with broad parameters, which aimed to temper anticipations following the unprecedented event.
Recent analysis suggests that the environment for Crowdstrike is stabilizing, with issues from the July outage apparently forgiven, as indicated by recent survey data and discussions with partners and customers ahead of the Q3 results.
Crowdstrike is experiencing easier second-half annual recurring revenue and revenue comparisons. Despite challenges stemming from the July incident and near-term headwinds, channel feedback indicates minimal gross churn and early renewal success associated with key strategic initiatives.
Note:
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