CrowdStrike Shares Sink on Outlook. Should Investors Buy the Stock on the Dip?
CrowdStrike (NASDAQ: CRWD) shares tumbled after the company issued weak profitability guidance for fiscal year 2026 and saw spending from existing customers continue to decelerate. Shares of the cybersecurity company are up less than 6% over the past year as of this writing.The company's stock saw a big pullback last summer after a well-publicized outage, but the stock had nicely recovered until this recent sell-off.Let's take a closer look at CrowdStrike's most recent results and guidance to see whether this dip is a good opportunity to buy the stock.Continue reading
CrowdStrike (NASDAQ: CRWD) shares tumbled after the company issued weak profitability guidance for fiscal year 2026 and saw spending from existing customers continue to decelerate. Shares of the cybersecurity company are up less than 6% over the past year as of this writing.
The company's stock saw a big pullback last summer after a well-publicized outage, but the stock had nicely recovered until this recent sell-off.
Let's take a closer look at CrowdStrike's most recent results and guidance to see whether this dip is a good opportunity to buy the stock.
