After strong FQ4 results and a market rally over the last couple of weeks, CrowdStrike Holdings (CRWD) has already rebounded to the previous virus outbreak levels. The solid guidance for FY21 still doesn't justify the current fully diluted market value. My investment thesis would've given a bullish reading on the stock in the $30s, but CrowdStrike isn't a buy back near $60 again.
Image Source: CrowdStrike website
Good Quarter
After rosy quarterly results or even bad results, one needs to check valuation reality. In the case of CrowdStrike, an analyst raised their price