CrowdStrike Holdings, Inc. (CRWD) is a cybersecurity company that provides cloud-delivered solutions for endpoint protection, threat intelligence, and cyberattack response. Founded in 2011, CrowdStrike is headquartered in Austin, Texas, and has become a leader in the cybersecurity industry. With a market cap of $54.04 billion, the company is known for its innovative Falcon platform, which leverages artificial intelligence to prevent and detect threats, protecting businesses worldwide from sophisticated cyber threats.
CRWD shares have significantly outperformed the broader market over the last year. CRWD has gained 47.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15.8%. However, in 2024, the stock declined 13%, lagging behind SPX's 8.7% rise on a YTD basis.
