CrowdStrike Looks Unstoppable—But Has the Market Priced It In?

CrowdStrike Holdings Inc. (NASDAQ: CRWD) is a clear leader in the growing cybersecurity space. Its Falcon platform is driving sustainable annual recurring revenue (ARR) growth as its customers continue to adopt more of the company’s modules. Analysts are projecting revenue growth of around 21% in 2025 and earnings growth of around 29% in 2026.

But like many technology stocks, CRWD stock has been selling off over concerns about valuation. CrowdStrike stock is down about 15% from its November peak. Shares hit a record close of $557.53 on Nov. 10 and climbed as high as $566.90 two days later, before pulling back. The stock has also slipped below its 50-day moving average, which has added to concerns about the near-term outlook for CRWD stock.