
CrowdStrike Holdings Inc. (NASDAQ: CRWD) stock is having a run in 2025 that’s eerily similar to that of Palantir Technologies Inc. (NASDAQ: PLTR). CRWD stock is up “only” about 40% this year. That's about half the gain in PLTR stock. However, the stock is up about 55% from its low in February 2025, and some analysts believe the stock could be ready for a break above $500.
On the other hand, that kind of movement makes a downside move possible, and even likely. However, investors looking for direction will have to navigate some conflicting signals. A recent upgrade from The Goldman Sachs Group Inc. (NYSE: GS) suggests CrowdStrike has more room to run. However, a look at the current options chain suggests that institutional investors may be hedging against a downside move.