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Growth Stock of the Week – CRWD

Mar 05, 2025

Status: Delivered

CrowdStrike deep dive: platform adoption, identity/CNAPP tailwinds, and operating leverage supporting premium valuation.

  • Rev +33% y/y, gross margin 75%, FCF margin 27%
  • Valuation ~18x NTM sales vs peers 14–16x
  • Catalysts: earnings Mar 5, Fed/AWS updates, identity wins
  • Risks: IT spend slowdown, MSFT/PANW competition