Reported 3 days ago
CrowdStrike Holdings, Inc. (CRWD) has gained bullish support from J.P. Morgan following a reacceleration in annual recurring revenue (ARR). Analyst Brian Essex maintains a Buy rating due to effective cost management and expected growth from the Cloud and Identity segments. The Falcon's Flex platform is driving broader adoption, while strategic mergers, including the recent Wiz acquisition, enhance cloud security offerings. Despite its promising outlook, other AI stocks may offer better short-term returns.
Source: YAHOO