CrowdStrike Holdings, Inc. (CRWD): A Bear Case Theory

We came across a bearish thesis on CrowdStrike Holdings, Inc. (CRWD) on Substack by Magnus Ofstad. In this article, we will summarize the bears’ thesis on CRWD. CrowdStrike Holdings, Inc. (CRWD)’s share was trading at $362.24 as of March 21st. CRWD’s trailing and forward P/E were 401.83 and 105.26 respectively according to Yahoo Finance.

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CrowdStrike (CRWD) is a dominant player in cybersecurity, benefiting from AI-driven threat detection and...