CrowdStrike Holdings, Inc. Stock Research

Market Summary

USD133.52+4.20

Delayed

3.25%

CRWD Alerts

1 major insider buys recently.
Big jump in Revenue (Y/Y)
Losses in recent quarter

CRWD Stock Price

CRWD RSI Chart

CRWD Valuation

Market Cap

31.2B

Price/Earnings (Trailing)

-170.35

Price/Sales (Trailing)

13.93

EV/EBITDA

-213.71

Price/Free Cashflow

44.21

CRWD Price/Sales (Trailing)

CRWD Profitability

EBT Margin

-7.13%

Return on Equity

-12.32%

Return on Assets

-3.65%

Free Cashflow Yield

2.26%

CRWD Fundamentals

CRWD Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

47.88%

Revenue Q/Q

9.72%

CRWD Earnings

Earnings (TTM)

-183.2M

Earnings Y/Y

-13.1%

Earnings Q/Q

13.6%

Price Action

52 Week Range

92.25242.00

(Low)(High)

Last 7 days

0.3%

Last 30 days

15.3%

Last 90 days

12.5%

Trailing 12 Months

-31.4%

CRWD Financial Health

Current Ratio

1.73

CRWD Investor Care

Shares Dilution (1Y)

2.41%

Diluted EPS (TTM)

-0.79

Peers (Alternatives to CrowdStrike Holdings)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	2.1T	204.1B	-1.92%	-6.89%	30.5	10.08	10.38%	-5.25%
ORCL	228.6B	46.1B	-7.20%	4.35%	25.98	4.96	11.29%	-14.28%
CRM	186.7B	31.4B	6.91%	-6.75%	897.78	5.96	19.41%	-85.60%
ADBE	163.2B	17.6B	-11.04%	-20.88%	34.32	9.27	11.54%	-1.37%
ZM	20.9B	4.4B	-7.13%	-28.23%	201.15	4.75	7.15%	-92.46%
AZPN	12.1B	-	-3.12%	49.09%	44.35	17.39	-	-
MID-CAP
PLAN	9.6B	631.5M	-1.97%	16.85%	-45.68	15.19	33.30%	-26.60%
MANH	8.9B	767.1M	-2.98%	9.04%	69.2	11.63	15.59%	16.73%
GWRE	6.5B	869.9M	3.14%	-9.62%	-33	7.53	13.87%	-103.37%
APPN	3.1B	468.0M	2.00%	-15.48%	-20.53	6.62	26.74%	-70.26%
PING	2.4B	308.3M	1.17%	7.67%	-23.16	7.93	13.75%	-237.98%
SMALL-CAP
ZUO	1.2B	383.7M	4.07%	-32.35%	-9.91	3.24	14.43%	-50.89%
YEXT	1.2B	399.9M	30.95%	57.36%	-14.32	2.91	4.73%	8.15%
UPLD	152.1M	317.3M	-43.48%	-70.17%	-2.22	0.48	5.06%	-17.52%

Financials for CrowdStrike Holdings

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	10.1%	2,241	2,035	1,834	1,637	1,452
Gross Profit	9.6%	1,640	1,497	1,352	1,205	1,068
Operating Expenses	11.0%	1,830	1,649	1,488	1,340	1,211
S&GA Expenses	10.2%	904	821	746	675	617
R&D Expenses	16.6%	608	522	464	417	371
EBITDA	-12.9%	-134	-119	-119	-128	-134
EBITDA Margin	-2.5%	-0.06*	-0.06*	-0.07*	-0.08*	-0.09*
Earnings Before Taxes	-10.7%	-159	-144	-144	-154	-160
EBT Margin	-0.5%	-0.07*	-0.07*	-0.08*	-0.09*	-0.11*
Interest Expenses	0.2%	25.00	25.00	25.00	25.00	25.00
Net Income	-3.1%	-183	-177	-173	-181	-234
Net Income Margin	6.4%	-0.08*	-0.09*	-0.09*	-0.11*	-0.16*
Free Cahsflow	13.7%	706	621	569	504	463

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	12.5%	5,027	4,469	4,154	3,836	3,618
Current Assets	13.6%	3,640	3,204	2,976	2,733	2,571
Cash Equivalents	-0.4%	2,457	2,467	2,319	2,153	1,997
Net PPE	14.5%	492	430	383	316	261
Goodwill	0.1%	431	430	416	416	416
Liabilities	13.0%	3,539	3,132	2,911	2,719	2,581
Current Liabilities	16.1%	2,109	1,817	1,649	1,497	1,407
LT Debt, Non Current	0.1%	741	741	740	740	740
Shareholder's Equity	13.2%	1,487	1,314	1,243	1,117	1,026
Retained Earnings	-4.3%	-1,148	-1,100	-1,045	-996	-964
Additional Paid-In Capital	7.8%	2,613	2,424	2,277	2,103	1,992
Accumulated Depreciation	10.5%	192	174	157	142	-
Shares Outstanding	0.5%	234	233	231	-	-
Minority Interest	1.9%	24.00	23.00	18.00	14.00	12.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	13.7%	941	827	744	642	575
Share Based Compensation	12.8%	527	467	413	358	310
Cashflow From Investing	-68.1%	-556	-331	-278	-240	-564
Cashflow From Financing	4.0%	77.00	74.00	77.00	74.00	73.00

Risks for CRWD

What is the probability of a big loss on CRWD?

93.9%

Probability that CrowdStrike Holdings stock will be more than 20% underwater in next one year

73.2%

Probability that CrowdStrike Holdings stock will be more than 30% underwater in next one year.

56.6%

Probability that CrowdStrike Holdings stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CRWD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CrowdStrike Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for CRWD

Cumulative Returns on CRWD

48.4%

3-Year Cumulative Returns

Which funds bought or sold CRWD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	added	10.14	-704,735	1,674,260	0.05%
2023-03-13	Claro Advisors LLC	sold off	-100	-281,000	-	-%
2023-03-10	BAILLIE GIFFORD & CO	unchanged	-	-6,997	12,003	-%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	12.4	-15,725,700	40,049,300	0.04%
2023-03-06	NORTH STAR ASSET MANAGEMENT INC	added	2.92	-1,482,800	2,846,200	0.18%
2023-03-06	Aldebaran Financial Inc.	added	6.11	-414,319	813,681	0.87%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-32.07	-18,652,000	14,299,000	0.07%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	sold off	-100	-8,000	-	-%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	11,582	11,582	-%
2023-03-01	Lakewood Asset Management LLC	new	-	5,000	5,000	-%

Latest Funds Activity

Are funds buying CRWD calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own CRWD

No. of Funds

CrowdStrike Holdings News

Schedule 13G FIlings of CrowdStrike Holdings

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	kurtz george	5.1%	11,568,620	SC 13G/A
Feb 09, 2023	vanguard group inc	6.42%	14,008,334	SC 13G/A
Feb 07, 2023	blackrock inc.	6.1%	13,412,389	SC 13G/A
Feb 14, 2022	kurtz george	6.5%	14,390,510	SC 13G/A
Feb 14, 2022	capitalg lp	0.0%	0	SC 13G/A
Feb 14, 2022	accel leaders fund l.p.	2.3%	4,962,879	SC 13G/A
Feb 09, 2022	vanguard group inc	5.91%	12,303,287	SC 13G/A
Feb 01, 2022	blackrock inc.	6.6%	13,795,872	SC 13G/A
Feb 16, 2021	point72 asset management, l.p.	0.2%	429,597	SC 13G/A
Feb 16, 2021	accel leaders fund l.p.	3.4%	0	SC 13G/A

CRWD Fair Value

CrowdStrike Holdings fair value in different scenarios

The table shows the Fair Value estimates for CrowdStrike Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	2.97 -97.78%	5.32 -96.02%	13.80 -89.66%	28.66 -78.54%	58.42 -56.25%
Current Inflation	2.80 -97.90%	4.89 -96.34%	12.26 -90.82%	24.97 -81.30%	50.29 -62.34%
Very High Inflation	2.59 -98.06%	4.36 -96.73%	10.44 -92.18%	20.67 -84.52%	40.92 -69.35%

Historical CrowdStrike Holdings Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of CrowdStrike Holdings

View All Filings

Date Filed	Form Type	Document
Mar 10, 2023	3	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 09, 2023	10-K	Annual Report
Mar 09, 2023	S-8	Employee Benefits Plan
Mar 07, 2023	8-K	Current Report
Mar 03, 2023	8-K	Current Report
Feb 14, 2023	4	Insider Trading

Latest Insider Trading transactions for CRWD

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-08	Podbere Burt W.	acquired	-	-	58,963	chief financial officer
2023-03-08	Kurtz George	acquired	-	-	98,274	chief executive officer
2023-03-08	Henry Shawn	acquired	-	-	39,309	chief security officer
2023-03-08	Sentonas Michael	acquired	-	-	39,309	president
2023-02-02	Henry Shawn	acquired	-	-	3,125	chief security officer
2023-01-18	Flower Johanna	acquired	-	-	4,366	-
2023-01-05	AUSTIN ROXANNE S	bought	3,366,700	96.1914	35,000	-
2023-01-05	AUSTIN ROXANNE S	bought	1,534,500	99.00	15,500	-
2022-12-28	AUSTIN ROXANNE S	bought	993,100	99.31	10,000	-
2022-12-27	AUSTIN ROXANNE S	bought	1,500,400	100	15,000	-

About CrowdStrike Holdings

George P. Kurtz

www.crowdstrike.com

4960

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.

CRWD Income Statement

2023-01-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2023	Jan. 31, 2022	Jan. 31, 2021
Revenue
Total revenue	$ 2,241,236	$ 1,451,594	$ 874,438
Cost of revenue
Total cost of revenue	601,231	383,221	229,545
Gross profit	1,640,005	1,068,373	644,893
Operating expenses
Sales and marketing	904,409	616,546	401,316
Research and development	608,364	371,283	214,670
General and administrative	317,344	223,092	121,436
Total operating expenses	1,830,117	1,210,921	737,422
Loss from operations	(190,112)	(142,548)	(92,529)
Interest expense	(25,319)	(25,231)	(1,559)
Interest income	52,495	3,788	4,968
Other income, net	3,053	3,968	1,251
Loss before provision for income taxes	(159,883)	(160,023)	(87,869)
Provision for income taxes	22,402	72,355	4,760
Net loss	(182,285)	(232,378)	(92,629)
Net income attributable to non-controlling interest	960	2,424	0
Net loss attributable to CrowdStrike	$ (183,245)	$ (234,802)	$ (92,629)
Net loss per share attributable to CrowdStrike common stockholders, basic (in dollars per share)	$ (0.79)	$ (1.03)	$ (0.43)
Net loss per share attributable to CrowdStrike common stockholders, diluted (in dollars per share)	$ (0.79)	$ (1.03)	$ (0.43)
Weighted-average shares used in computing net loss per share attributable to CrowdStrike common stockholders, basic (in shares)	233,139	227,142	217,756
Weighted-average shares used in computing net loss per share attributable to CrowdStrike common stockholders, diluted (in shares)	233,139	227,142	217,756
Subscription
Revenue
Total revenue	$ 2,111,660	$ 1,359,537	$ 804,670
Cost of revenue
Total cost of revenue	511,684	321,904	185,212
Professional services
Revenue
Total revenue	129,576	92,057	69,768
Cost of revenue
Total cost of revenue	$ 89,547	$ 61,317	$ 44,333

CRWD Balance Sheet

2023-01-31

Consolidated Balance Sheets - USD ($)	Jan. 31, 2023	Jan. 31, 2022
Current assets:
Cash and cash equivalents	$ 2,455,369,000	$ 1,996,633,000
Short-term investments	250,000,000	0
Accounts receivable, net of allowance for credit losses of $2.6 million and $1.6 million as of January 31, 2023 and January 31, 2022, respectively	626,181,000	368,145,000
Deferred contract acquisition costs, current	186,855,000	126,822,000
Prepaid expenses and other current assets	121,862,000	79,352,000
Total current assets	3,640,267,000	2,570,952,000
Strategic investments	47,270,000	23,632,000
Property and equipment, net	492,335,000	260,577,000
Operating lease right-of-use assets	39,936,000	31,735,000
Deferred contract acquisition costs, noncurrent	260,233,000	192,358,000
Goodwill	430,645,000	416,445,000
Intangible assets, net	86,889,000	97,336,000
Other long-term assets	28,965,000	25,346,000
Total assets	5,026,540,000	3,618,381,000
Current liabilities:
Accounts payable	45,372,000	47,634,000
Accrued expenses	137,884,000	83,382,000
Accrued payroll and benefits	168,767,000	104,563,000
Operating lease liabilities, current	13,046,000	9,820,000
Deferred revenue	1,727,484,000	1,136,502,000
Other current liabilities	16,519,000	24,929,000
Total current liabilities	2,109,072,000	1,406,830,000
Long-term debt	741,005,000	739,517,000
Deferred revenue, noncurrent	627,629,000	392,819,000
Operating lease liabilities, noncurrent	29,567,000	25,379,000
Other liabilities, noncurrent	31,833,000	16,193,000
Total liabilities	3,539,106,000	2,580,738,000
Commitments and contingencies (Note 9)
Stockholders’ Equity
Preferred stock, $0.0005 par value; 100,000 shares authorized as of January 31, 2023 and January 31, 2022; no shares issued and outstanding as of January 31, 2023 and January 31, 2022	0	0
Class A common stock, $0.0005 par value; 2,000,000 shares authorized as of January 31, 2023 and January 31, 2022; 222,759 shares, and 209,996 shares issued and outstanding as of January 31, 2023 and January 31, 2022, respectively; Class B common stock, $0.0005 par value; 300,000 shares authorized as of January 31, 2023 and January 31, 2022; 13,018 shares, and 20,710 shares issued and outstanding as of January 31, 2023 and January 31, 2022, respectively	118,000	115,000
Additional paid-in capital	2,612,705,000	1,991,807,000
Accumulated deficit	(1,148,163,000)	(964,918,000)
Accumulated other comprehensive loss	(1,019,000)	(1,240,000)
Total CrowdStrike Holdings, Inc. stockholders’ equity	1,463,641,000	1,025,764,000
Non-controlling interest	23,793,000	11,879,000
Total stockholders’ equity	1,487,434,000	1,037,643,000
Total liabilities and stockholders’ equity	$ 5,026,540,000	$ 3,618,381,000