CrowdStrike Holdings (CRWD) AI Stock Analysis

• Market Cap: $106.65B
• Dividend Yield: N/A
• Average Volume (3M): 2.73M
• Price to Earnings (P/E): 721.6
• Beta (1Y): 1.88
• Revenue Growth: 25.94%
• EPS Growth: -226.80%
• Country: US
• Employees: 10,118
• Sector: Technology
• Sector Strength: 91
• Industry: Software - Infrastructure
• EPS (TTM): 0.73
• Shares Outstanding: 249,248,170
• 10 Day Avg. Volume: 2,884,203
• 30 Day Avg. Volume: 2,731,549
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 24.84
• Enterprise Value/Gross Profit: 33.36
• Enterprise Value/Ebitda: 616.93
• 1Y Price Target: $494.95
• Price Target Upside: 16.09% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 40

• Rating: 69 Neutral
• Price Target: $467.00 ▲(9.54% Upside)

CrowdStrike's strong financial performance and positive earnings call are key strengths, indicating robust growth potential and strategic confidence. However, technical analysis and valuation concerns, including negative P/E and bearish momentum, weigh on the overall score.

Positive Factors

Innovation and Strategy

CRWD's innovation-focused product strategy can continue to drive top-line momentum and competitive differentiation.

Market Leadership

CrowdStrike remains a long-term market leader in cybersecurity, well positioned for the increasing platform consolidation expected in the industry, with direct exposure to AI tailwinds.

Negative Factors

Growth Expectations

With the stock up ~50% from April lows and the multiple now reflecting a significant rebound in growth, the near-term opportunity appears fully priced in the shares.

Valuation Concerns

Market valuation looks rich on a variety of metrics, including a 58% premium to the estimated 'Rule of X' EV/NTM revenue multiple.

Visibility and Uncertainty

There is a lack of near-term catalysts, with limited visibility into Customer Commitment Package renewals and Falcon Flex contract impacts on revenue recognition and margins.

CrowdStrike Holdings Business Overview & Revenue Model

Company Description

CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners. It serves customers worldwide. The company was incorporated in 2011 and is based in Austin, Texas.

How the Company Makes Money

CrowdStrike generates revenue primarily through a subscription-based model, offering its Falcon platform as a cloud-based service. Customers pay for annual subscriptions that vary based on the number of endpoints protected and the specific features selected, creating a recurring revenue stream. Key revenue streams include subscription fees for endpoint protection services, add-on services like threat intelligence and IT hygiene, and professional services for incident response. The company has also established significant partnerships with major technology providers and system integrators, which enhance its market reach and drive additional revenue growth through collaborative solutions.

CrowdStrike Holdings Financial Statement Overview

Summary

CrowdStrike shows a strong financial performance with impressive revenue growth from $874M in 2021 to $4.1B in TTM 2025 and robust gross profit margins consistently above 70%. The company is improving its net profit margin with positive EBITDA margins. Balance sheet strength is evidenced by a solid equity base and manageable debt levels. Cash flow is a highlight with strong free cash flow exceeding $1B, indicating efficient cash generation and management.

Income Statement

CrowdStrike has demonstrated strong revenue growth with a consistent upward trajectory, from $874M in 2021 to $4.1B in TTM 2025. Gross profit margins are robust, consistently above 70%. However, the company is still facing net losses, although the net profit margin has been improving as losses narrow. EBITDA margins turned positive in the TTM 2025, indicating better operational efficiency.

Balance Sheet

The balance sheet shows a strong equity base with equity rising from $870M in 2021 to $3.45B in TTM 2025, driven by high revenue growth. The debt-to-equity ratio remains manageable. Despite negative net income in recent years, the return on equity is improving. An equity ratio of approximately 39.6% indicates a healthy financial structure.

Cash Flow

CrowdStrike's cash flow performance is impressive with strong growth in free cash flow, reaching over $1B in TTM 2025. Operating cash flow exceeds net income, showcasing solid cash generation capabilities. The free cash flow to net income ratio is particularly strong, reflecting efficient capital expenditure management and operational cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.14B	3.95B	3.06B	2.24B	1.45B	874.44M
Gross Profit	3.08B	2.96B	2.30B	1.64B	1.07B	644.89M
EBITDA	166.56M	294.80M	293.83M	-40.75M	-65.98M	-46.17M
Net Income	-172.30M	-19.27M	89.33M	-183.25M	-234.80M	-92.63M
Balance Sheet
Total Assets	8.72B	8.70B	6.65B	5.03B	3.62B	2.73B
Cash, Cash Equivalents and Short-Term Investments	4.61B	4.32B	3.47B	2.71B	2.00B	1.92B
Total Debt	785.40M	788.90M	792.87M	783.62M	774.72M	778.99M
Total Liabilities	5.23B	5.38B	4.31B	3.54B	2.58B	1.86B
Stockholders Equity	3.45B	3.28B	2.30B	1.46B	1.03B	870.57M
Cash Flow
Free Cash Flow	1.03B	1.07B	929.10M	674.57M	441.10M	292.72M
Operating Cash Flow	1.38B	1.38B	1.17B	941.01M	574.78M	356.57M
Investing Cash Flow	-587.32M	-536.59M	-340.65M	-556.66M	-564.52M	495.43M
Financing Cash Flow	111.86M	107.21M	93.16M	77.44M	72.53M	800.13M

CrowdStrike Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 426.34
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRWD, the sentiment is Negative. The current price of 426.34 is below the 20-day moving average (MA) of 446.80, below the 50-day MA of 470.71, and above the 200-day MA of 403.98, indicating a neutral trend. The MACD of -13.10 indicates Positive momentum. The RSI at 36.99 is Neutral, neither overbought nor oversold. The STOCH value of 18.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CRWD.

CrowdStrike Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FTNT	77 Outperform	$60.62B	32.23	165.17%	―	14.46%	48.06%
ZS	75 Outperform	$42.81B	―	-2.68%	―	25.46%	49.20%
PANW	72 Outperform	$118.20B	109.96	17.45%	―	14.87%	-57.43%
CYBR	70 Neutral	$21.37B	1,777.39	-10.35%	―	39.45%	-982.51%
NET	70 Neutral	$70.01B	―	-11.04%	―	27.32%	-11.94%
CRWD	69 Neutral	$106.65B	721.64	-5.76%	―	25.94%	-226.80%
Sector *	68 Neutral	¥242.89B	15.23	6.64%	2.42%	9.16%	-0.19%

CrowdStrike Holdings Corporate Events

CrowdStrike Holds Annual Meeting, Elects New Directors

On June 18, 2025, CrowdStrike Holdings, Inc. held its Annual Meeting of Stockholders where two key proposals were voted on. The election of Class III Directors saw the appointment of Cary J. Davis, George Kurtz, and Laura J. Schumacher to serve until 2028. Additionally, the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2026, was ratified. These decisions are expected to impact the company’s governance and financial oversight positively.