06.02.2025 11:24:00
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CrowdStrike Stock Is Now Worth Over $100 Billion, Joining Elite Company. What Could This Mean for Investors Today?
In late January, cloud-based cybersecurity company CrowdStrike (NASDAQ: CRWD) surpassed a $100 billion market cap valuation for the very first time in its history. That valuation places CrowdStrike in rarified company -- few businesses are worth this much, regardless of the industry. But among pure-play cybersecurity companies, it's in even more elite company.Palo Alto Networks (NASDAQ: PANW) is the only other pure-play cybersecurity stock that's achieved a $100 billion market cap. But there is a distinction between these two companies. Palo Alto Networks was founded in 2005 and passed a $100 billion valuation in late 2024. For its part, CrowdStrike was founded in 2011 and passed this milestone in early 2025.In other words, Palo Alto Networks passed the $100 billion threshold mere weeks before CrowdStrike. But CrowdStrike had six fewer years to get there.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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CrowdStrike | 403,85 | 0,55% | |
NOW Inc When Issued | 14,20 | 0,71% |