CRWD surges 40.3% YTD on strong Falcon Flex adoption, but slowing sales growth and a rich valuation are prompting a cautious outlook.
Cybersecurity earnings delivered a sharp split this week, even as three major names all topped expectations and raised their outlooks. The difference came down to quality, guidance, and confidence in the AI opportunity.
China-linked hackers posed the biggest espionage threat to technology companies over the past year, CrowdStrike, a cybersecurity firm, said in a report published on Tuesday, amid surging investment in artificial intelligence.
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Zacks.com users have recently been watching CrowdStrike (CRWD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Shares of CrowdStrike Holdings Inc. NASDAQ: CRWD were down about 4% the day after the cybersecurity company delivered what was, by fundamental metrics, a strong earnings report. For the first quarter of its 2027 fiscal year, CrowdStrike delivered a beat on the top and bottom lines and raised its guidance.
CrowdStrike and Palo Alto Networks reported strong results this week and gave upbeat guidance, but shares fell. Investors wanted to see more signs of an AI payoff after Anthropic's Mythos brought renewed interest to the sector.
CrowdStrike Holdings (Nasdaq: CRWD) released its fiscal 2027 first-quarter earnings report on Wednesday, using the opportunity to announce an upcoming stock split.
CrowdStrike CEO George Kurtz said it was too early for concerns surrounding Anthropic's Mythos to meaningfully impact first-quarter results. He pointed to the company's raised full-year outlook as evidence that demand is building.
Jim Cramer defended CrowdStrike (NASDAQ:CRWD | CRWD Price Prediction) on Thursday's Mad Dash after the cybersecurity leader's post-earnings selloff, arguing that net new annual recurring revenue came in well above expectations.
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares were down around 5.4% on Thursday despite the cybersecurity company posting first-quarter fiscal 2027 results that beat Wall Street estimates across the board and raised its full-year outlook. Wedbush maintained its outperform rating and raised its price target to $720 from $700, saying the company remains cybersecurity's "golden child" and that investors should buy weakness in the stock.
CrowdStrike tops Q1 estimates as ARR growth, strong customer adoption and AI-driven demand boost results and outlook.