CrowdStrike Holdings (CRWD) is a leading cybersecurity company that delivers an AI-native cloud platform to prevent breaches across endpoints, identities, cloud workloads, and data. It unifies endpoint detection and response, threat intelligence, identity protection, and next-gen SIEM to stop sophisticated attacks in real time for enterprises and governments worldwide. Founded in 2011, CrowdStrike is headquartered in Austin, Texas, with operations across North America, Europe, Asia-Pacific, and other regi ...

Core Insights - CrowdStrike and Zscaler reported strong earnings, showcasing two fundamentally different approaches to cloud security [1] Company Summaries - CrowdStrike's earnings reflect a robust performance in the cybersecurity sector, emphasizing its unique strategies and market positioning [1] - Zscaler's financial results indicate a successful implementation of its cloud security model, highlighting its competitive edge in the industry [1]

Core Thesis - CrowdStrike Holdings, Inc. is positioned as a premier cybersecurity company, with significant growth driven by its AI-native Falcon platform and strong demand for its solutions [2][4][5] Business Performance - As of November 28th, CrowdStrike's share price was $509.16, with trailing and forward P/E ratios of 401.83 and 105.26 respectively [1] - The company has achieved a remarkable acceleration in its business, reaccelerating a quarter earlier than expected [2] - The annual recurring revenue (ARR) from key solutions—Cloud Security, Next-Gen Identity, and LogScale Next-Gen SIEM—has reached $1.56 billion, growing over 40% year-over-year [3] Customer Adoption - 48% of subscription customers are using six or more modules, while 60% of customers with over $100K in ARR are adopting eight or more modules, indicating strong consolidation across security tools [3] - The automated SOC analyst, Charlotte AI, has seen over 85% growth quarter-over-quarter, enhancing threat detection and mitigation capabilities [3] Future Guidance - The company anticipates at least 40% growth in net new ARR in the back half of the fiscal year, with a trajectory to exceed $5 billion in ARR by FY26 and $10 billion by FY31 [4] - CrowdStrike's platform superiority and AI-native architecture create a defensible moat through data, speed, and enforcement [4] Investment Opportunity - CrowdStrike presents a compelling investment opportunity due to its strong growth, expanding ARR, and leadership in consolidating fragmented security tools [5] - The company's execution reflects resilience, innovation, and strategic foresight, making it a standout player in the cybersecurity landscape [5]

Core Insights - CrowdStrike reported strong fiscal third-quarter results, showcasing accelerating revenue growth and improved customer metrics following a previous platform outage [1][4] - The company benefits from customers consolidating multiple tools with its Falcon platform and increasing demand for AI-driven security capabilities [2] - However, the stock's high valuation suggests that future growth expectations may be overly optimistic [3] Financial Performance - Fiscal third-quarter revenue increased by 22% year over year to $1.23 billion, slightly up from 21% growth in the previous quarter [4] - Annual recurring revenue (ARR) grew 23% year over year to $4.92 billion, with net new ARR reaching a record $265 million, a 73% increase year over year [5] - Non-GAAP operating income rose from $200.7 million to $264.6 million, and free cash flow was reported at $295.9 million [6] Future Outlook - Management expects fiscal fourth-quarter revenue to be between $1.29 billion and $1.30 billion, with full fiscal year revenue projected at approximately $4.80 billion to $4.81 billion, indicating 20% to 22% year-over-year growth [9] - The company aims for at least 50% year-over-year growth in net new ARR for the second half of fiscal 2026 and 20% growth in fiscal 2027 [10] - Despite strong current growth, the stock trades at over 135 times the adjusted earnings forecast, raising concerns about valuation sustainability [10] Competitive Position - CrowdStrike is recognized as a leading player in cybersecurity, with strong ARR growth and effective cash conversion [11] - The Falcon platform and its AI capabilities are well-received by customers, contributing to the company's strong market position [11] - However, the high stock price may pose risks if growth expectations are not met, especially in a competitive landscape [11]

Group 1 - Evercore ISI raised the target price for CrowdStrike from $430 to $460, maintaining a "Neutral" rating [1]

Group 1 - Goldman Sachs raised the target price for CrowdStrike from $535 to $564, maintaining a "Buy" rating [1]

杰富瑞分析师Joseph Gallo则给予该股"买入"评级，目标价为600美元。他表示，尽管部分合作伙伴相关 的不利因素仍在持续，但年度经常性收入实现22.5%的同比增长，这一表现令其感到满意。 Gallo在报告中称："总体而言，本季度表现令人印象深刻，终端安全与SIEM/身份/云业务加速增长，增 强了市场对2027财年年度经常性收入同比增速维持23%以上的信心。" 投资机构Susquehanna与BMO同样上调了CrowdStrike的目标股价，分别从520美元和500美元调升至600 美元与555美元。 智通财经APP获悉，网络安全巨头CrowdStrike(CRWD.US)周三公布的2026财年第三季度业绩及未来指 引，纷纷获得华尔街的积极评价，并被分析师视为该公司发展的"重大验证时刻"。 Wedbush Securities分析师Dan Ives在给客户的报告中写道："CrowdStrike公布的2026财年第三季度业绩 显示营收与每股收益均略超市场预期，但其核心亮点在于新增年度经常性收入的加速增长——这一增长 得益于其云服务、身份认证及安全信息与事件管理(SIEM)产品解决方案的强劲需求，这些产品与 ...

Core Viewpoint - CrowdStrike Holdings, Inc. is a leading player in the cybersecurity industry, with strong financial performance and a positive growth outlook supported by its Falcon platform [1][2][4]. Financial Performance - For the quarter ending in October 2025, CrowdStrike reported revenue of $1.23 billion, reflecting a 22.2% year-over-year increase and surpassing the Zacks Consensus Estimate of $1.21 billion [2][6]. - The company's earnings per share (EPS) reached $0.96, exceeding the consensus estimate of $0.94, marking a 26.3% year-over-year increase [3][6]. - CrowdStrike has consistently outperformed earnings expectations over the past four quarters, with an average surprise of 11.5% [3]. Future Guidance - CrowdStrike has raised its guidance for fiscal year 2026, projecting revenues of up to $4.81 billion, indicating confidence in its growth trajectory [4]. - The company's Annual Recurring Revenue (ARR) has significantly increased to $4.92 billion, with $265.3 million in net new ARR [4]. Stock Performance - Despite positive financial results, CrowdStrike's stock price recently declined to $511.04, down 1.07%, with a market capitalization of approximately $126.6 billion [5]. - The stock has fluctuated between a low of $298 and a high of $566.90 over the past year [5]. Analyst Outlook - Scotiabank set a price target of $613 for CrowdStrike, suggesting a potential upside of 19.17% from its trading price of $514.40 at the time [1][6].

The U.S. stock market demonstrated resilience on Wednesday, December 3rd, 2025, with major indexes closing higher for the seventh time in eight sessions. Investor optimism was largely fueled by fresh economic data that bolstered expectations for a Federal Reserve interest rate cut next week, despite a mixed picture on the labor front. Technology stocks, however, presented a more varied performance, with some giants facing headwinds while others surged on strong earnings and strategic acquisitions.Major Inde ...

Core Insights - CrowdStrike Holdings reported quarterly results that surpassed Wall Street expectations, driven by record customer additions and strong demand for its AI-enabled cybersecurity platform [1] Financial Performance - Adjusted EPS was $0.96, exceeding the consensus estimate of $0.94 [1] - Revenue increased by 22% to $1.23 billion, above the expected $1.21 billion, with subscription revenue rising 21% to $1.17 billion [1] - Annual recurring revenue (ARR) grew 23% to $4.92 billion, including a record $265 million in net new ARR, representing a 73% increase from the previous year [2] Subscription Model - Over $1.35 billion of ARR is associated with the Falcon Flex subscription model, which saw over 200% year-over-year growth [2] Cash Generation - The company achieved record cash-generation metrics, reporting $398 million in operating cash flow and $296 million in free cash flow [3] - Adjusted operating income rose to $265 million from $201 million a year earlier, although the net loss on a GAAP basis widened to $34 million [3] Future Outlook - The CFO indicated that the company is capitalizing on AI-driven demand, raising expectations for second-half net new ARR growth to at least 50% year-over-year [3] - CrowdStrike forecasts fiscal 2026 revenue between $4.8 billion and $4.81 billion, slightly above the consensus of $4.78 billion, with adjusted EPS projected at $3.70–$3.72, ahead of analyst expectations [4]