CrowdStrike Just Completed a Stock Split. Is the Stock a Buy Now?

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CrowdStrike Holdings (CRWD 5.85%) has been a winner for investors in recent years — over the past three, it’s soared more than 400%. This is as the cybersecurity giant has increased revenue and benefited from renewed interest in keeping systems, networks, and data safe. In a world where artificial intelligence (AI) is more regularly used, threats are multiplying, and customers are turning to CrowdStrike for protection.

The company also demonstrated its strength and the fidelity of its customers by facing an enormous challenge two years ago — the world’s biggest information technology outage — and going on to grow. CrowdStrike recently announced record new annual recurring revenue and record free cash flow.

So it’s no surprise that CrowdStrike stock continued its gains into this year and now is up 69% for 2026. With a stock price trading at more than $700 just a few months ago, the company announced a stock split — a move to bring down the per-share price — and completed the operation at the start of this month.

At the new, lower price, is CrowdStrike a buy? Let’s find out.

Image source: Getty Images.

What’s a stock split?

First, a quick note about stock splits. While they do bring the per-share price down, they don’t alter the total value of the company or anything fundamental. The purpose is to make a particular stock more accessible to a wider range of investors — those who may not have several hundred dollars or a thousand dollars to invest. Fractional shares exist, but they aren’t available at every brokerage, so they may not be an option for some investors.

A stock split involves offering more shares of a particular stock to current shareholders. This brings down the value of each share, but the value of the shareholder’s entire holding remains the same. The change in the price depends on the ratio of the split.

CrowdStrike completed a 4-for-1 split on July 2, bringing the stock down to about $190.

Since stock splits don’t change fundamentals,…

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