CrowdStrike said it will cut about 500 jobs, or 5% of its global workforce, as part of a plan to drive efficiencies in the business.
CrowdStrike will cut hundreds of jobs, as artificial intelligence reshapes the cybersecurity business.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
CrowdStrike (CRWD -0.95%) is still recovering from the reputational damage caused by an outage for millions of customers.
In the latest trading session, CrowdStrike Holdings (CRWD) closed at $444.91, marking a +0.98% move from the previous day.
April wasn't an enjoyable month for investors. The stock market became a roller coaster, marked by stomach-churning volatility with prices plummeting one day and soaring the next.
It's said about the weather that if you give it a few minutes it will change. The same could be true about sentiment for CrowdStrike Holdings Inc. NASDAQ: CRWD.
The technology sector, which had been primarily responsible for powering the market's recent ascent until this year, was at the forefront of the recent downturn, weighed down by global economic uncertainty and a renewed wave of risk-off sentiment. However, within the broader tech landscape, one industry has stood out for its relative strength and resilience: cybersecurity stocks.
CrowdStrike Holdings (CRWD) closed at $423.08 in the latest trading session, marking a -0.42% move from the prior day.
Upgrading CRWD shares to STRONG BUY with a $508/share price target, driven by strong customer retention and growth in cloud and identity security. CrowdStrike experienced minimal customer attrition post-July 2024 incident; through its customer-first initiatives, including discounted services and professional services. Revenue should realize an uplift in 2H '26 following the exhaustion of the customer commitment program, normalizing subscription prices with the larger customer base.
Recently, Zacks.com users have been paying close attention to CrowdStrike (CRWD). This makes it worthwhile to examine what the stock has in store.
CrowdStrike reported $4.24 billion in ARR for FY2025, growing 23% YoY with 112% net retention and 97% gross retention. FCF reached $1.07 billion in FY2025, but GAAP margins turned negative due to $636 million in SBC. Gross margin declined from 78% to 75% (GAAP), driven by rising cloud infrastructure costs and post-incident remediation expenses.