11 Best Enterprise Software Stocks to Invest In

8. Crowdstrike Holdings Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 74

Crowdstrike Holdings Inc. (NASDAQ:CRWD) is a cybersecurity company that provides cloud-delivered endpoint protection and threat intelligence solutions. Its flagship product, the Falcon platform, uses AI and ML to detect and prevent cyberattacks across endpoints, cloud workloads, and identities.

The Falcon platform’s innovative subscription model, Falcon Flex, is accelerating platform adoption. With 150+ Falcon Flex deals in FQ3 2025, representing over $1.3 billion in total deal value, customers are increasingly consolidating their security stack onto the Falcon platform. This model has contributed to 29% year-over-year revenue growth and 31% year-over-year subscription revenue growth.

Falcon Flex also increases customer spending and enhances customer stickiness. The average Flex customer spends multi-millions, significantly higher than the average Crowdstrike Holdings Inc. (NASDAQ:CRWD) customer. Together these factors position the company to return sizeable shareholder value.

Fidelity Growth Strategies Fund stated the following regarding CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in its Q3 2024 investor letter:

“A non-benchmark stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) (-40%) was the biggest detractor among individual stocks. The shares of this cybersecurity platform provider fell precipitously in July, after a glitch in a CrowdStrike software update led to a global outage for many of its customers that, among other impacts, caused the mass cancellation of flights around the world. After bottoming out in early August, the stock made a partial rebound by quarter end, but we exited the fund’s holding during the summer.”