CrowdStrike Report Earnings Next Week. What Do Its Charts Say?CrowdStrike NASDAQ:CRWD will release Q3 earnings next Tuesday (Nov. 26) after the bell, unveiling results for a quarter that included the cybersecurity company’s July software update that sparked a worldwide network outage. Let’s see what the stock’s technical and fundamentals say ahead of the report.
CrowdStrike’s Fundamental Analysis
CRWD’s July 19 meltdown affected an estimated 8.5 million computers worldwide, leaving thousands of businesses and government agencies unable to connect to their systems -- sometimes for days.
Some experts have described the incident as history’s worst computer outage, with published reports putting worldwide economic impacts at $10 billion.
The meltdown badly hit cloud-services provider Microsoft NASDAQ:MSFT , while it also paralyzed systems at Delta Air Lines NYSE:DAL for days. Delta and CrowdStrike have since sued each other.
Still, CrowdStrike impressed investors just weeks later in August when it reported Q2 results that included earnings and revenue beats.
While acknowledging those numbers covered the three-month period that preceded the July 19 meltdown, the results showed 31.7% year-over-year revenue growth for the quarter. Management also issued reduced yet respectable guidance for Q3 despite the fact that that period would include July’s outage and its immediate aftermath.
As I write this, the Street is looking for CrowdStrike to report $0.81 in adjusted earnings per share on $983 million of revenues for its latest quarter. Basically, Wall Street seems to have played it safe and kept its estimates within the guidance that management provided back in August.
Beyond CrowdStrike’s Q3 earnings and revenues, investors will keep their eyes on the company’s subscription-driven revenue growth, annually recurring revenue, adjusted gross margin and module-adoption rates.
The company’s Q2 numbers showed CRWD generated $1.3 billion in operating cash flow in the 12 months ended July 31.
That included $162.8 million of capital expenditure (or “capex”), leaving CrowdStrike with $1.2 billion of free cash flow. However, the firm has not returned capital to shareholders via dividends or share buybacks.
Looking over CRWD’s balance sheet, the company had $4.4 billion in cash as of July 31, with current assets totaling $5.9 billion.
Current liabilities added up to $2.7 billion, creating a 1.9 current ratio. That seems quite strong.
Also note that $2.4 billion of CrowdStrike’s current liabilities were in the form of unearned revenue, which isn’t a true financial obligation. If we adjust for this unearned revenue, the firm's current ratio as of July 31 would rise to 13.7 -- a truly jaw-dropping level as far as I’m concerned.
Meanwhile, the company’s total assets as of July 31 hit $7.2 billion, of which intangibles represented only about 13.3%.
Total liabilities less equity came to $4.3 billion, but that included $743 million in long-term debt that the firm could get rid of out of pocket if so desired. Another $745 million represented unearned credit.
CrowdStrike’s Technical Analysis
Here’s CrowdStrike’s chart going back roughly one year:
The chart shows a regression model of a trend that had been in place from January 2023 until CrowdStrike’s outage hit in July, which caused the stock to sell off.
July’s pullback took CRWD back to about $207.60 -- the 61.8% Fibonacci retracement level of its entire January 2023-July 2024 rally.
Now, let's zoom in on the past six months:
This chart shows CrowdStrike’s Fibonacci models drawn up in teal, with regression models for the stock in blue and red.
On this time scale, readers will see that when CRWD rebounded from its early August low, the stock hit resistance at the 61.8% Fibonacci retracement level of its January 2023-July 2024 move higher. However, CrowdStrike overcame that about two weeks ago.
The stock has also developed a second trend that fits neatly into a regression model.
CrowdStrike is heading into earnings trading above its 21-day Exponential Moving Average (or “EMA,” denoted with a green line), 50-day Simple Moving Average (or “SMA,” marked with a blue line) and 200-day SMA (denoted with a red line). That’s not a bad place to be.
Additionally, the stock's Relative Strength Index (the gray line at the chart’s top) looks very strong, but not quite overbought.
CrowdStrike’s daily Moving Average Convergence Divergence (or “MACD,” marked with black and gold lines and blue bars at the chart’s bottom) is leaning bullish as well.
The stock’s 12-day EMA (the black line) is above its 26-day EMA (the gold line) -- and both are above zero. So is the histogram of CrowdStrike’s 9-day EMA (denoted with blue bars).
For the purposes of trading CRWD going into and maybe out of earnings, all of the above created moving pivot at the current regression model’s upper trendline. That’s about $363 vs. the $357.55 that CrowdStrike closed at on Thursday.
But mind you, while breaking this level is the key to CrowdStrike seeing higher target prices, CRWD has also failed to break through this rising line five times since late August.
(Moomoo Markets Commentator Stephen “Sarge” Guilfoyle was long CRWD and MSFT at the time of writing this column.)
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4CRWD trade ideas
CrowdStrike is about to push to ATH's, 60% Move Inbound!CrowdStrike is about to push to ATH's, 60% Move Inbound!
NASDAQ:CRWD is going higher and presenting a buying opportunity!
60% Potential Upside! 📈
In this video, we dive into this Cyber Security Goliath:
💡 Key Highlights:
-Breaking out of Bull Flag
-H5 Indicator: Flashing green for a bullish signal
-Volume Insights: Massive GAP to fill
-Technical Analysis: Consolidation box formed on WR%
Targets:
🎯$399
📏$537
Don't miss out on the potential explosive growth of CrowdStrike! Tune in to see why this stock could be a game-changer!
NFA
Crowdstrike is striking hot with upside rally NASDAQ:CRWD selling seems to be over and is forming an upward channel right now. Buying pressure is seen with the support of rising volume. Furthermore, long-term MACD is coming back with positive histogram and the mid-term stochastic is showing a confirmation of oversold crossover signal. 23-period ROC is back above the zero line and hence, momentum from the short to long-term are flashing upside.
CRWD eyes on $306.52: Golden Genesis sister of our last bouncer CRWD recovering from its update disaster.
Currently orbiting a Golden Genesis fib.
Its sister Ping'd the bottom of the crash.
$306.92 is the exact price of interest.
Break-and-Retest would be a long signal.
Test-and-Reject would be a short signal.
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Crowdstrike Holdings, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Crowdstrike Holdings, Inc.
- Entry Bias Hypothesis | Double Formation
* Pennant Structure | Wedge Structure
- 012345 | 0&1 | Continuation Bias
* Double Bottom | Triple Formation(Demand=0)
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Crowdstrike - Stopped the breach and onwards to new highs?CAPITALCOM:CRWD has put the turmoil behind it and are now in a strong position to move on. With practically no real competition the stock is picking up pace. I belive it will continue. Back in July price created a gap, naturally, but the chase to close the gap is well underway. First target is filling the gap, at around $340. This gap however is getting old, and I belive price will move through this level without too much resistance. July was a different time, and lots have happened since. My next target is the level just above $390, where we have some resistance. As for indicators, the OBV and MACD are on the rise. As is the RSI. I belive CAPITALCOM:CRWD has made it through the setback, and are onwards to set new highs.
Crowdstrike longCrowdstrike has been impacted by a bad day. An error which is causing a bit of turmoil for the Company and the stock is dropping. The stock is dropping also because touched 400 dollars, making x3 the price in less than 2 years. I am taking advantage of this drop and buy at the Fibonacci level + oversold daily.
This trade may need accumulation. I bought at 244 and will hold. I will add to buy at 209 (0.618 Fibo) and more at 200. It is imperative to manage your size as this trade need to breathe and may result positive in the mid term.
Bearish CRWD on 2 scenariosNASDAQ:CRWD
I'm anticipating CrowdStrike to keep falling (especially that the lawsuits hasn't bee settled yet), and that the pattern is back in the channel it's been in for the last 4 years.
Scenario 1: Fast drop
The yellow line represents a fast drop as per current economics readings, where it's anticipated to reach the $140 range around end of 1st quarter of 2025.
Scenario 2: following the Nov21>Dec22 fall pattern
The green line repeats the pattern of the fall between the period of November 2021 till December 2022, anticipating a fall to $150 around end of 3rd quarter of 2025.
Up to your considerations..
When Does a Digital Guardian Become a Digital Liability?In a dramatic turn of events that has captivated both Wall Street and Silicon Valley, a routine software update has spiraled into a half-billion-dollar legal battle between two industry titans. Delta Air Lines' lawsuit against cybersecurity leader CrowdStrike raises fundamental questions about corporate accountability in our increasingly interconnected world. The incident, which paralyzed one of America's largest airlines for five days, serves as a stark reminder of how thin the line has become between digital protection and digital vulnerability.
The case's implications stretch far beyond its $500 million price tag. At its core, this legal confrontation challenges our basic assumptions about cybersecurity partnerships. When CrowdStrike's update crashed 8.5 million Windows computers worldwide, it didn't just expose technical vulnerabilities—it revealed a critical gap in our understanding of how modern enterprises should balance innovation with stability. Delta's claim that it had explicitly disabled automatic updates, only to have CrowdStrike allegedly circumvent these preferences, adds a layer of complexity that could reshape how businesses approach their cybersecurity relationships.
Perhaps most intriguingly, this case forces us to confront an uncomfortable paradox in corporate technology: can the very systems we deploy to protect our infrastructure become our greatest point of failure? As businesses pour billions into digital transformation, the Delta-CrowdStrike saga suggests that our cybersecurity paradigm might need a fundamental rethink. With federal regulators now involved and industry leaders watching closely, the outcome of this battle could redefine the boundaries of corporate liability in the digital age and set new standards for how we approach the delicate balance between security and operational stability.
CRWD heads up into $300: crash bounce reaching key fib levelsCRWD was at a significant resistance before the "outage".
So it was ready for a dip already when the bad news hit.
The stock crash (after the outage) is back up to key levels.
MINOR but significant resistance at current price of $298.49.
MAJOR target/resistance is a Golden Genesis fib at $308.92.
OVER shoot target and likely top will be local fib at $316.09.
It is PROBABLE that it pulls back very soon.
It is POSSIBLE to be the high before new lows.
It is PLAUSBLE that it breaks but not on first hit.
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CRWD – Daily Time Frame Pullback After BreakoutOn the daily timeframe, CRWD has broken out of a key resistance level and is now in the process of a pullback. My target for this move is the pink zone, which I’ve identified as the next potential resistance.
Strategy: I'll be monitoring this pullback closely for a potential move toward the pink zone, which could be a good area to take profits.
CRWD
Copy of and old private poste on 24 september
our black A is our first big move down.
From there: What I think I see now is a movement from point A to point B. I suspect that a 3 movement UP is forming there. and then we go back down in 5. This is the red Arrow that you must follow.
in that case we have formed a zigzag 3 - 5 - 3
The blue arrow... could be the last move of a 5 up on a lower timeframe. Nl on the one hour chart. I don't see any divergence there yet, so somewhere I expect the latter too... I expect a real reaction in the yellow box.
the blue small print (i,ii,iii,... should represent the 5 moves up with a fib retracement respectively. Ideally we see that last move up occurring between 285 and 270 or in other words at the latest a response to the 0.50 fib retracement of the last movement up (equals the blue small print)
Today:
still the same
Expect Crowdstrike to be choppy for sometimeI'm expecting crowdstrike to top out around here. Am i short... no, i've actually been doing a weekly DCA buy for sometime because i believe in this company long term. The green horizontals are layed out as nice spots that i will increase my DCA or make a larger one time buy. I'm not expecting all these to hit.
$CRWD looking to start filling empty space to upsideif crowd strike can close a weekly candle above 302 we are going for the first target of 340ish.
if we get the close above 302 weekly wait for the retest of that level to take it long. we might get the retest tomorrow before we head higher. if we close under look for 290ish put target
CRWD Three Rising Valleys Breakout WatchCRWD looks like it's forming up a 3 rising valleys pattern and showing bullish divergence.
CrowdStrike Holdings, Inc. (CRWD) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
CrowdStrike (CRWD) Set for a Potential Surge This WeekCrowdStrike is poised for another surge this week, following a promising buy signal that was observed on Friday. Traders are anticipating potential gains, as the stock shows signs of upward momentum. Keep an eye on market developments, as this could be an opportune moment for investors looking to capitalize on its growth potential.
Waiting for it to come down a little more around 260The Sideway channel is working so far, as the ticker is establishing itself, making a new high, filling gaps, and continuing bullish sentiment to set the bar.
Looking for calls potentially next week on CRWD!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Long on CRWD - target 272.7 to 288 Max
Long for a short time. Target might hit 272.7 to 288 maximum and then do correction. I'll go long and come out around 272. You all can check at your own risk.
Thanks
Rohit & Suresh
@TradingAsPassion
CRWD potential pop?Reclaiming 260 and breaking 263.40 I like it long possibly back to 300. Closing below 257.00 more lows on 24HR timeframe
A little late but still goodI'm shorting this, I wish I had jumped in before but it is what it is. Actually if pulls back up I'll add. The double top in the weekly is confirmed. it could drop even lower than my target.
