CrowdStrike called for $1.14 billion to $1.15 million in revenue in the July quarter, trailing the average analyst estimate of $1.16 billion. The company has allocated $1 billion for share buybacks.
The cybersecurity company posted a loss of $110.2 million, compared with a profit of $42.8 million a year earlier.
CrowdStrike Holdings Inc (NASDAQ:CRWD) reported better-than-expected first-quarter profit on Monday and authorized a $1 billion share repurchase, buoyed by growing demand for its AI-powered cybersecurity platform. Adjusted earnings per share rose to $0.73, topping analysts' estimates of $0.66, while revenue grew 20% to $1.1 billion, matching expectations.
CrowdStrike forecast second-quarter revenue below estimates, signaling soft enterprise spending on cybersecurity products, sending the company's shares down 6.7% in after-hours trading on Tuesday.
CrowdStrike Holdings Inc (NASDAQ:CRWD) is set to deliver another strong quarter when it reports earnings after the bell, according to Wedbush, which raised its 12-month price target on the cybersecurity firm to $525 from $475, citing increased confidence in the company's growth trajectory. “CrowdStrike remains one of our favorite tech names,” analysts at Wedbush wrote in a note on Tuesday, adding that the company is in the “early innings of its multi-year growth story” and continues to solidify its position as “the gold standard for cybersecurity.
Markets today face pressure ahead of key U.S. data on job openings and factory orders, with Fed speakers and CrowdStrike earnings in focus.
Jobs Week reports begin with the JOLTS numbers out Tuesday morning.
Investors are closely watching Fed policy and the May jobs report, as hiring appetite remains tepid amid macro uncertainty and tariff impacts. Broadcom and CrowdStrike earnings are key this week; AVGO benefits from AI demand, while CRWD sees cross-selling momentum and stable sector trends.
Multiple channel checks point to higher-than-expected demand that consensus estimates don't seem to be pricing in. So I expect a revenue result and guidance beat in Q1 results. A 5% cut in headcounts can provide a 380bps margin tailwind., but stock-based compensation remains a key risk. CRWD is not cheap and there is some valuation risk. However, I am wary of avoiding a stock purely due to high valuations when the growth and margin momentum are accelerating.
CRWD's high valuation, customer challenges and competitive headwinds suggest that it is wise to avoid the stock ahead of its first-quarter fiscal 2026 results.
Cybersecurity giant CrowdStrike Holdings Inc (NASDAQ:CRWD) will announce first-quarter results after the close on Tuesday, June 3.
Beyond analysts' top -and-bottom-line estimates for CrowdStrike (CRWD), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2025.