On Monday EST, the cybersecurity company's stock price fell more than 13%, hitting a low point in more than six months and continuing its downward trend. Several investment banks have lowered CrowdStrike's target price due to the global 'blue screen crash' incident.$CrowdStrike (CRWD.US)$CrowdStrike's system outage this time was the most serious in recent years, resulting in computer paralysis globally, resulting in flight cancellations, delayed surgeries in hospitals, etc., and making people realize how fragile the complex global software system they rely on is.

Microsoft reported over the weekend that a total of 8.5 million devices were affected globally. Although CrowdStrike has already fixed the relevant configuration errors, Microsoft also released recovery tools to assist IT administrators in repairing Windows hosts, but it will still take several days to fully resolve the issue.

CrowdStrike stated on Sunday that it is testing a method that can repair the affected machines faster. At the same time, Guggenheim downgraded CrowdStrike from 'buy' to 'neutral'.

Analyst John Difucci of the investment bank said: 'Due to significant quality assurance issues leading to large-scale interruptions in global IT systems, it is expected that new transactions may be resisted in the short term. In addition, we have always believed that the consensus forecast for the fourth quarter have risks, especially the annual recurring revenue.'

DiFucci said that this outage affected Microsoft Windows computers globally and disrupted the global economy. CrowdStrike may need some time to repair its image, and at least in the short term, it may affect the signing of new business contracts.

Although downgraded, DiFucci still brought some hope to investors, saying that he still respects CrowdStrike's leadership team and believes that the company will eventually become stronger because of this incident. In the long run, they can survive.

DiFucci added: 'However, we found it difficult to tell investors that they need to buy CrowdStrike now.'

Goldman Sachs maintained its buy rating on CrowdStrike's stock in a report released earlier on Monday. But this investment bank’s analyst said that they expect that from the time of the outage to July 31, CrowdStrike's business will take longer to complete.

Gabriela Borges, the lead analyst, wrote: 'Our recent conversations have reiterated our view that market share transfers in the endpoint security field may be very limited after this incident. Although we recognize that more detailed post-event analysis will further affect this view.'

Bernstein analyst Peter Weed believes that the possibility of legal disputes occurring is not zero after CrowdStrike's customers restart and run their systems.

After the outage, BTIG also downgraded CrowdStrike's rating from "buy" to "neutral." BTIG analyst Gray Powell said, "Negative feedback is more than expected."

Meanwhile, CrowdStrike's competitor, SentinelOne, experienced a surge of more than 14%, and JPMorgan stated that SentinelOne was the most obvious beneficiary of the largest global IT incident.

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