We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CrowdStrike (CRWD) Makes Wide Release of Charlotte & Falcon for IT
Read MoreHide Full Article
CrowdStrike (CRWD - Free Report) has officially launched Charlotte AI and Falcon for IT for public, while also enhancing Falcon Data Protection (FDP) with new features.
Charlotte AI was first launched in early 2023 as a security analyst with conversational AI capabilities for simplifying cybersecurity management for businesses. The solution came with capabilities that allowed security analysts to inquire and get responses in plain language.
Charlotte AI formed the basis of Falcon for IT’s workflow. The solution used Charlotte AI to process and respond to IT and security related queries. Moreover, it acted as the unified platform where analysts could get real time visibility of threats and take actions regarding policy changes, software updates and file management.
The company launched FDP in Dec 2023. The solution was built to replace traditional data loss prevention tools. It's integrated into CrowdStrike Falcon XDR, enabling cybersecurity professionals to monitor endpoints and web activity as data is shared across different applications. FDP helps customers anticipate threats by simulating future scenarios, allowing cybersecurity teams to test policies beforehand to ensure effectiveness without disrupting end-user experiences prior to implementation.
With the general availability of these solutions businesses will now be able to merge the benefits of GenAI, Security and IT in one place. This integration will facilitate improved collaboration between analysts and engineers, enabling faster results derived from insights driven by data.
This announcement comes at a time when there’s a rising demand for cyber security owing to the slew of data breaches amid the growing hybrid working trend that need off-premise computers to connect with the business’s owned infrastructure. The new capabilities that Charlotte AI, Falcon for IT and FDP bring to customers will drive up the demand for CrowdStrike.
Furthermore, the enhanced features of FDP will bolster CrowdStrike's Endpoint Security and XDR Module business, which includes solutions such as Falcon Prevent, Falcon Insight XDR, Falcon Device Control and Falcon Firewall Management. This will also boost CrowdStrike's Subscription Revenue.
Zacks Rank and Stocks to Consider
Currently, CRWD carries a Zacks Rank #3 (Hold). Shares of CRWD have risen 187.9% in the past year.
The Zacks Consensus Estimate for BlackLine’s first-quarter 2024 earnings has remained unchanged at 47 cents per share for the past 90 days. Shares of BL have lost 19.6% in the past year.
The Zacks Consensus Estimate for Arista’s first-quarter 2024 earnings has moved north 2 cents to $1.71 per share in the past seven days. Shares of ANET have rallied 93% in the past year.
The Zacks Consensus Estimate for DELL’s fourth-quarter 2024 earnings per share has moved northward a penny to $1.73 in the past 30 days. Shares of DELL have surged 96.8% in the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
CrowdStrike (CRWD) Makes Wide Release of Charlotte & Falcon for IT
CrowdStrike (CRWD - Free Report) has officially launched Charlotte AI and Falcon for IT for public, while also enhancing Falcon Data Protection (FDP) with new features.
Charlotte AI was first launched in early 2023 as a security analyst with conversational AI capabilities for simplifying cybersecurity management for businesses. The solution came with capabilities that allowed security analysts to inquire and get responses in plain language.
Charlotte AI formed the basis of Falcon for IT’s workflow. The solution used Charlotte AI to process and respond to IT and security related queries. Moreover, it acted as the unified platform where analysts could get real time visibility of threats and take actions regarding policy changes, software updates and file management.
CrowdStrike Price and Consensus
CrowdStrike price-consensus-chart | CrowdStrike Quote
The company launched FDP in Dec 2023. The solution was built to replace traditional data loss prevention tools. It's integrated into CrowdStrike Falcon XDR, enabling cybersecurity professionals to monitor endpoints and web activity as data is shared across different applications. FDP helps customers anticipate threats by simulating future scenarios, allowing cybersecurity teams to test policies beforehand to ensure effectiveness without disrupting end-user experiences prior to implementation.
With the general availability of these solutions businesses will now be able to merge the benefits of GenAI, Security and IT in one place. This integration will facilitate improved collaboration between analysts and engineers, enabling faster results derived from insights driven by data.
This announcement comes at a time when there’s a rising demand for cyber security owing to the slew of data breaches amid the growing hybrid working trend that need off-premise computers to connect with the business’s owned infrastructure. The new capabilities that Charlotte AI, Falcon for IT and FDP bring to customers will drive up the demand for CrowdStrike.
Furthermore, the enhanced features of FDP will bolster CrowdStrike's Endpoint Security and XDR Module business, which includes solutions such as Falcon Prevent, Falcon Insight XDR, Falcon Device Control and Falcon Firewall Management. This will also boost CrowdStrike's Subscription Revenue.
Zacks Rank and Stocks to Consider
Currently, CRWD carries a Zacks Rank #3 (Hold). Shares of CRWD have risen 187.9% in the past year.
Some better-ranked stocks from the broader technology sector are BlackLine (BL - Free Report) , Arista Networks (ANET - Free Report) and Dell Technologies (DELL - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for BlackLine’s first-quarter 2024 earnings has remained unchanged at 47 cents per share for the past 90 days. Shares of BL have lost 19.6% in the past year.
The Zacks Consensus Estimate for Arista’s first-quarter 2024 earnings has moved north 2 cents to $1.71 per share in the past seven days. Shares of ANET have rallied 93% in the past year.
The Zacks Consensus Estimate for DELL’s fourth-quarter 2024 earnings per share has moved northward a penny to $1.73 in the past 30 days. Shares of DELL have surged 96.8% in the past year.