CrowdStrike Just Split Its Stock 4-for-1. Does a $193 Price Tag Make It a Buy?

CrowdStrike completed its first-ever 4-for-1 stock split, reducing share price from ~$773 to ~$193. While the company shows strong fundamentals with 26% revenue growth, accelerating net new annual recurring revenue (+32% YoY), and newly achieved profitability, the analyst cautions that the valuation remains expensive at 150x adjusted earnings and 33x revenue. The split itself adds no intrinsic value, and the author recommends waiting for valuation to compress before initiating a position.