There are significant growth opportunities for the industry, and CrowdStrike is positioned well to benefit from them. However, the global IT outage incident caused by CrowdStrike is a big risk to this narrative. Cybersecurity is a business based on trust, and it may not be easy to rebuild this trust that may have been damaged last week. CrowdStrike is likely to face higher customer acquisition costs in the near future. Additionally, the stock does not appear undervalued despite the recent decline. It trades above the industry median multiples and is significantly overvalued based on Seeking Alpha's valuation scores. The stock may present a buying opportunity if CrowdStrike manages to reestablish its brand image and build trust, and if the stock price declines further. However, for now, the company gets a "Hold" rating. It is best to stay away from it at this time.