2023-03-21 03:42:37 ET
Summary
- Robust growth is being driven by a mix of new customer acquisition and adoption of additional modules. CrowdStrike's endpoint market share also continues to rapidly expand.
- LogScale and a focus on the SMB customer segment could be CrowdStrike's most important initiatives in 2023.
- CrowdStrike's stock is far from cheap, given the deteriorating macro environment, but CrowdStrike's market dominance and strong financial performance support a premium valuation.
For further details see:
CrowdStrike: Increasingly Dominant In The Endpoint Market