- Crowdstrike's expanding module line-up in cloud security will drive future revenues and improve profitability in a burgeoning market for vulnerability management and a zero-trust environment.
- Partnerships with third-party vendors and cross-selling opportunities in professional services to spur new subscription service customers. A higher module adoption rate is a key growth strategy for CRWD.
- Positive free cash flows (USD209 million on a TTM basis) and a comfortable cash pile of USD1.1billion as at end-Q3’21 gives flexibility for future organic and inorganic growth plans.
- Targeted acquisitions and business alliances to additionally aid inorganic growth; Preempt acquisition to turn top-line accretive gradually.
- The long-term business fundamentals are strong, and support the business uptrend; thus we like the stock with a price target of USD305 over the next 12 months.
For further details see:
CrowdStrike: Cloud Security Opportunity And Inorganic Growth Story Is Not Priced In Yet