JMP Securities on CrowdStrike Holdings (CRWD): 'Investors Should Buy CRWD Here'

Go back to JMP Securities on CrowdStrike Holdings (CRWD): 'Investors Should Buy CRWD Here'

Microsoft target raised at HSBC on expected 2HFY25 revenue acceleration

August 1, 2024 8:53 AM EDT

HSBC has raised its price target for Microsoft (NASDAQ: MSFT) to $533 from $529 in a note Thursday, reflecting confidence in the company's projected revenue acceleration in the second half of FY2025.

The upward revision comes despite 1QFY25 guidance being "marginally below" expectations. HSBC maintains a Buy rating on the stock.

Microsoft's 4QFY24 results were in line with expectations, with revenue reaching $64.727 billion, up 15.2% year-over-year, slightly... More

CrowdStrike Holdings (CRWD) PT Lowered to $300 at Mizuho

August 1, 2024 6:53 AM EDT

Mizuho analyst Gregg Moskowitz lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $300.00 (from $370.00) while maintaining a Outperform rating.... More

What's next for CrowdStrike? Analysts assess the outage impact

August 1, 2024 5:03 AM EDT

Since the IT outage caused by CrowdStrike (NASDAQ: CRWD) on July 19, investors and analysts have been debating its potential impact on the companys financial model.

Analysts at Mizuho estimate that the CRWDs annual recurring revenue (ARR) for fiscal 2025 (FY25) could be reduced by over $180 million (4.2% of the total), and by roughly $270 million (5% of the total) for FY26.

Their base case assumes that... More

Popular stocks with increasing volume: AVGO PYPL BA CRWD SOFI INTC MU SIRI PLTR TSM PINS SBUX PFE

July 31, 2024 2:59 PM EDT

Popular stocks with increasing volume: AVGO PYPL BA CRWD SOFI INTC MU SIRI PLTR TSM PINS SBUX PFE

... More

IT outage to cost Delta $500 million, CEO tells CNBC

July 31, 2024 7:58 AM EDT

Delta Air Lines (NYSE: DAL) CEO Ed Bastian said Wednesday that the extensive IT outage earlier this month, which left thousands of customers stranded, will cost the airline $500 million.

The outage, triggered by a failed software update from CrowdStrike (NASDAQ: CRWD), led to the cancellation of over 4,000 flights and disrupted thousands of Microsoft (NASDAQ: MSFT)... More

Delta Air Lines CEO says CrowdStrike outage to cost carrier $500 million, CNBC reports

July 31, 2024 7:30 AM EDT

(Reuters) -Delta Air Lines will take a $500 million hit related to the CrowdStrike outage, the carrier's CEO Ed Bastian said in a CNBC interview on Wednesday.

The airline has been the slowest among major U.S. carriers to recover following the tech failure that led to more than 2,200 flight... More

Delta (DAL) CEO Says Crowdstrike (CRWD)- Microsoft (MSFT) Outage Cost Airline $500m - CNBC

July 31, 2024 7:27 AM EDT

Delta (DAL) CEO Says Crowdstrike (CRWD)- Microsoft (MSFT) Outage Cost Airline $500m - CNBC

... More

CrowdStrike Holdings (CRWD) PT Lowered to $300 at Jefferies

July 31, 2024 5:13 AM EDT

Jefferies analyst Joseph Gallo lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $300.00 (from $400.00) while maintaining a Buy rating.

The analyst comments "News surfaced that Delta hired lawyers to sue CRWD & MSFT for IT outage damages. We don't expect CRWD to... More

Popular stocks with increasing volume: CRWD PYPL PFE GME AVGO PLTR INTC MU MRK

July 30, 2024 2:41 PM EDT

Popular stocks with increasing volume: CRWD PYPL PFE GME AVGO PLTR INTC MU MRK

... More

Increasing unusual put option volume: JCI LSCC NSC EXC SYM MDLZ LUMN CRWD JBLU

July 30, 2024 10:29 AM EDT

Increasing unusual put option volume: JCI LSCC NSC EXC SYM MDLZ LUMN CRWD JBLU

... More

CrowdStrike Holdings (CRWD) PT Lowered to $375 at Needham

July 30, 2024 8:38 AM EDT

(Updated - July 30, 2024 8:39 AM EDT)

Needham analyst Alex Henderson lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $375.00 (from $425.00) while maintaining a Buy rating.

The analyst commented: "Still a Buy Despite the Sensor Update Debacle: We are Cutting... More

Pfizer, JetBlue, PayPal rise premarket; Merck, CrowdStrike, Diageo fall

July 30, 2024 7:33 AM EDT

Investing.com -- U.S. stock futures edged higher Tuesday, in cautious trade ahead of the start of the latest Federal reserve meeting, and with the quarterly earnings season in full flow.


Here are some of the biggest premarket U.S. stock movers today



Merck (NYSE: MRK) stock fell 1.6% after the drugs company cut its full-year earnings forecast mainly due to one-time charges from its acquisition of eye-focused drug developer EyeBio.



... More

Delta planning to pursue damages after IT outage, CrowdStrike shares slide - report

July 30, 2024 5:05 AM EDT

Delta Air Lines (NYSE: DAL) has reportedly recruited renowned attorney David Boies to help it pursue damages from CrowdStrike (NASDAQ: CRWD) and Microsoft (NASDAQ: MSFT) following a significant outage that resulted in millions of computer crashes and thousands of flight cancellations.

Shares of CrowdStrike fell... More

CrowdStrike Holdings (CRWD) PT Lowered to $325 at Evercore ISI

July 30, 2024 5:04 AM EDT

Evercore ISI analyst Peter Levine lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $325.00 (from $350.00) while maintaining a Outperform rating.

The analyst comments "Given the uncertainties, it's highly unlikely that mgmt will be able to confidently commit to a 2H guide within the next five weeks, assuming they... More