$387.30 -2.38 (-0.61%) (As of 02:22 PM ET) 52-Week Range $140.52 ▼ $397.12 P/E Ratio 730.77 Price Target $382.35 CrowdStrike Holdings NASDAQ: CRWD is a technology firm specializing in AI-powered cybersecurity. It has recently seen massive share price growth, up 162% in the last 12 months. Since going public in 2019, the firm has had a…
The technology sector continues to drive the overall market higher, with cybersecurity stocks presenting intriguing setups. Software infrastructure and cybersecurity stocks have performed modestly year-to-date, aligning with the broader market. The Amplify Cybersecurity ETF NASDAQ: HACK is up nearly 8% YTD, reflecting this trend. Cybersecurity became a critical focus with the rise of cyber threats…
$60.11 -0.98 (-1.60%) (As of 07/8/2024 ET) 52-Week Range $44.12 ▼ $81.24 P/E Ratio 39.29 Price Target $70.03 Leading cybersecurity provider Fortinet Inc. NASDAQ: FTNT stock has been lagging behind its peers and the benchmark indexes, trading up just 3.8% year-to-date (YTD). The company offers security-as-a-service (SaaS) through the cloud, primarily billing through a subscription model….
PANW Palo Alto Networks $337.64 -4.45 (-1.30%) (As of 07/8/2024 ET) 52-Week Range $201.17 ▼ $380.84 P/E Ratio 49.08 Price Target $326.29 Network cybersecurity provider Palo Alto Networks Inc. NASDAQ: PANW stock has recovered from its fiscal Q3 2024 earnings report. While the results weren’t bad, shares took a tumble on its forward guidance. However, the…
BlackBerry NYSE: BB, one of the many companies that was once part of the “meme stocks” craze, is a technology firm that has transitioned its business from its handheld devices of the 2000s. The firm’s operations now revolve around cybersecurity and Internet of Things (IoT) solutions. With a market capitalization of $1.5 billion, it’s still…