CrowdStrike's Next Earnings Report on Aug. 26 Could Send the Stock Soaring. Here's Why.
Think the stock's skyrocketing price can't get any higher? Think again.
Overview
Shares of cybersecurity titan CrowdStrike (NASDAQ:CRWD) have already had an amazing 2026. They began the year at about $117/share and briefly surpassed a record $225/share earlier this month. They're now trading around $186/share, which is still a 59% gain year-to-date.
All that growth has pushed the company's valuation up to an astonishing 151x forward earnings. That's so high that some investors are questioning whether CrowdStrike's shares can go any higher, even if it reports blowout Q2 results in tomorrow's earnings report.
Details
But looking at the state of the cybersecurity industry and CrowdStrike's recent performance, it seems clear that the stock could, in fact, soar after its upcoming earnings report. Here's why.
Source
Originally published at www.fool.com.
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