1. CrowdStrike's strong growth and resilience are notable, but the risk-reward balance is too tight at a 57x forward free cash flow. 2. Despite high retention rates and solid fundamentals, margin pressures and global outage issues pose risks. 3. Analysts' revenue growth expectations for fiscal 2026 seem conservative, requiring flawless execution to justify the current valuation. 4. The author prefers SentinelOne over CrowdStrike due to the latter's high valuation and potential growth challenges.