CrowdStrike Stock Soars 80%. Should You Buy CRWD Here?

Shares of cybersecurity company CrowdStrike (CRWD) have soared 80% in just 12 months, driven by renewed investor confidence in its business model, a reacceleration in growth, and optimism about its long-term strategy.

The last year was challenging for CrowdStrike as a software update led to significant system failures for its customers. This outage raised fears about customer churn, but those worries have faded as clients stuck with the company and expanded their adoption of its platform. This resilience has set the stage for reacceleration in its growth, as the company’s fundamentals remain intact.