RE:Need CRWD is growing at a much higher pace than BB so it deserves a higher multiple. Fiscal 2023 revenues were $2.2B and they forecast fiscal 2024 revenue of around $3B so it doesn't look like their sale growth will continue to crush BB's revenue growth. lots of BB folks like to mock CRWD since its a 'one trick pony' - well that pony has ridden CRWD to much higher growth than BB's multiple revenue streams. we will see once IVY revenue starts (calendar 2024) but it will take some time for IVY revenues to ramp up.
also, what's wrong with their Balance Sheet? They have almost as much cash ($3.2B at July 31, 2023) as total liabilities which looks pretty good to me.