[UPDATE] Print calendar tightens around the desk's cyber longs: CRWD and MRVL 08-27, PANW 09-01
Palo Alto Networks will report fiscal Q4 and full-year results after the close on Tuesday 09-01, with CrowdStrike's fiscal Q2 and Marvell's fiscal Q2 both landing 08-27. Both cyber names are validated longs on this desk, and both carry their prints inside two weeks — CrowdStrike on a valuation around 175x forward non-GAAP earnings that leaves little room for execution error. The observation for the board is timing, not direction: the next repricing in these positions is calendar-driven and close.