CrowdStrike (CRWD) shares slumped Wednesday, a day after the cybersecurity company reported an unexpected loss for the third quarter as it grapples with the fallout from a massive outage in July, but analysts are still bullish on the stock.
CrowdStrike Holdings Inc CRWD stock is trading lower Wednesday after the company reported third-quarter financial results.
CrowdStrike Holdings, Inc. has now reported two quarters, 2QFY25 and 3QFY25, since its summer outage, underscoring two things: resilience and stickiness. CrowdStrike surpassed its $4B ending ARR milestone, reporting ARR as $4.02B, ahead of estimates for $4.01B. This quarter, CrowdStrike reported a GRR of 97% and net retention of 115%, with customers actually choosing to add products.
Wall Street is reacting to CrowdStrike's (NASDAQ: CRWD) full-quarter earnings report after the cybersecurity giant experienced a major global IT outage in July.
Shares of cloud-based cybersecurity company CrowdStrike Holdings (CRWD -5.88%) dropped on Wednesday after the company reported financial results for its fiscal third quarter of 2025. Results beat expectations and management raised its full-year guidance.
CRWD's third-quarter fiscal 2025 results reflect the benefits of strong adoption of the Falcon platform by its customers.
Nicole Petallides dives into the latest tech earnings at the NYSE market site. For Crowdstrike (CRWD), she points to a bullish analyst community, including Wedbush's Dan Ives with a $390 price target.
Morningstar's Ahmed Khan reacts to the latest report from cybersecurity giant: Crowdstrike (CRWD). He notes that the "intensity & frequency" of cyberattacks are "pointing in the wrong direction" which he says could benefit cybersecurity vendors.
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares fell 6.1% to $342 after hours even though earnings and revenue for the past quarter were higher than Wall Street expected, but the outlook for the next quarter was unclear. Adjusted earnings per share for the cybersecurity group's third quarter rose 13% to $0.93 on revenue that swelled 29% to $1.01 billion.
Cybersecurity company CrowdStrike Holdings (CRWD) reported stronger-than-expected third-quarter earnings on Tuesday, but shares dropped 5.1% in premarket trading Wednesday due to a cautious fourth-quarter outlook. Despite the drop, the company posted notable revenue growth, signaling resilience after a challenging summer that included a global tech outage caused by its software.
Shares of CrowdStrike Holdings Inc CRWD closed at $364.3 apiece on Tuesday and fell by more than 5% in premarket trading on Wednesday.
CrowdStrike's strong growth and resilience are impressive, but at 57x forward free cash flow, the risk-reward balance is too tight for me. Despite high retention rates and solid fundamentals, margin pressures and fallout from a global outage pose significant risks to future performance. Analysts' revenue growth expectations for fiscal 2026 seem conservative; however, flawless execution is required to justify the current valuation.