Up Over 100% in 2026, Is CrowdStrike Still a Buy?

CrowdStrike's stock has surged over 100% in 2026, but analyst Keithen Drury argues the gains are driven by hype rather than business fundamentals. While the cybersecurity company shows solid growth with 25-26% revenue increases, projected 23% growth next year appears insufficient to justify its current valuation. Trading at its highest price-to-sales ratio since late 2021, CrowdStrike's valuation now exceeds levels from when it was growing much faster, suggesting investors should consider taking profits.