Core Insights - CrowdStrike has presented a long-term revenue forecast indicating a potential 325% increase in its stock by 2036, driven by its AI-powered cybersecurity solutions [3][10]. - The company’s Falcon platform integrates 30 modules for comprehensive cybersecurity, addressing the fragmented nature of the industry [1][2]. Industry Trends - The cybersecurity landscape is evolving with the rise of agentic AI, which is creating new vulnerabilities for organizations, necessitating advanced security measures [5][6]. - The use of AI in cybersecurity is becoming critical as it automates threat detection and incident response, making it suitable for both small and large enterprises [2][5]. Company Developments - CrowdStrike launched Falcon Next-Gen Identity Security to protect both human and digital identities, utilizing a zero standing privileges approach to limit access [8][9]. - The company estimates that the agentic AI segment alone could represent a $150 billion opportunity within the cybersecurity market [10]. Financial Projections - CrowdStrike anticipates its annual recurring revenue (ARR) could reach $20 billion by fiscal 2036, up from $4.7 billion today, reflecting a compound annual growth rate of 14.1% [10][14]. - The current price-to-sales (P/S) ratio of CrowdStrike is 28.6, making it the most expensive stock in the cybersecurity sector, which may limit short-term upside potential [11][14]. Investment Considerations - While the projected growth is significant, there are concerns about the sustainability of CrowdStrike's high P/S ratio given the anticipated slowdown in revenue growth compared to previous years [14][15]. - If the company’s revenue growth decelerates, it could lead to a lower P/S ratio, impacting investor returns over the next several years [15][17].

Core Viewpoint - Fortinet, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims centered around misrepresentation of the company's product refresh cycle and its impact on business performance [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled "Oklahoma Firefighters Pension and Retirement System v. Fortinet, Inc." and covers purchasers of Fortinet common stock from November 8, 2024, to August 6, 2025 [1]. - Allegations include that Fortinet executives misrepresented the potential profitability of the product refresh cycle, which was based on older products that constituted a "small percentage" of the company's business [3][4]. - The lawsuit claims that Fortinet concealed the true number of FortiGate firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle [3][4]. Group 2: Financial Impact - On August 6, 2025, during an earnings call, Fortinet disclosed that it was "approximately 40% to 50% of the way through the 2026 upgrade cycle" by the end of Q2 2025, contradicting earlier statements [4]. - The lawsuit asserts that the refresh cycle had limited business impact due to the age of the products involved, which were sold when Fortinet's business was significantly smaller [4]. - Following the earnings call, Fortinet's stock price dropped by more than 22%, indicating a significant market reaction to the revelations [4]. Group 3: Legal Process - Investors who purchased Fortinet common stock during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of all class members [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record in securing monetary relief for investors, ranking 1 in the ISS Securities Class Action Services for four out of the last five years [6].

Group 1 - A class action was filed on behalf of individuals and entities that purchased or acquired Fortinet, Inc. common stock between November 8, 2024, and August 6, 2025 [1]

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the AI Stocks Making Big Moves on Wall Street. On September 18, Jefferies analyst Joseph Gallo raised the price target on the stock to $515.00 (from $500.00) while maintaining a Buy rating. The rating affirmation follows Jefferies attendance at CrowdStrike’s Fal.Con conference and investor briefing where the firm recapped how Crowdstrike focused on its expanding product portfolio in artificial intelligence and identity security. Jefferies believes the st ...

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the Must-Watch AI Stocks on Wall Street. On September 18, Mizuho analyst Gregg Moskowitz raised the price target on the stock to $475.00 (from $450.00) while maintaining a Neutral rating. The price target raise follows Day 2 of CrowdStrike’s annual user conference, Fal.Con 2025, and its investor meeting in Las Vegas. Firm analysts noted how the conference proved to be “relatively uneventful,” but the investor meeting brought in significant news regarding ...

Group 1: Market Overview - The US equity indexes fell into bear market territory following the Trump Administration's tariffs, particularly affecting tech stocks [1] - Despite predictions of a significant market correction, the stock market has experienced a strong recovery, with the Nasdaq 100 Index rising 29% from its lows [1] Group 2: Nvidia's Investment - Nvidia announced a $100 billion investment in OpenAI to provide 10GW of computing capacity, marking it as the largest infrastructure project in history [2] - Nvidia's investment in Intel amounts to $5 billion, leading to a more than 20% increase in Intel's stock price, revitalizing the company amid competition from AMD and Nvidia [4] Group 3: Apple Performance - Apple has seen a strong rally in its stock due to tariff exemptions and a partnership with OpenAI to integrate ChatGPT into its operating systems [3] - T-Mobile reported its biggest weekend ever for iPhone sales, with 75% of sales attributed to the higher-end iPhone Pro and Pro Max models [3] Group 4: CrowdStrike's Growth - CrowdStrike reported a record-breaking second quarter with significant revenue and Annual Recurring Revenue (ARR) growth, projecting $20 billion in ARR by the end of the decade [6] - The company utilizes AI to enhance cybersecurity, detecting and preventing malware and ransomware effectively [5]

Core Insights - SentinelOne, Inc. and CrowdStrike Holdings Inc. are identified as promising investments in the cybersecurity sector with potential to outperform the S&P 500 [1] - The focus is on companies with a market capitalization of less than $10 billion, which are expected to have significant growth opportunities [1] - A long-term investment perspective is emphasized, aiming for substantial returns through capital compounding [1] Investment Strategy - The investment approach is primarily conservative, with occasional pursuit of high-risk, high-reward opportunities [1] - The strategy includes careful consideration of risk-reward ratios to maintain overall portfolio stability [1] - The goal is to achieve a compound annual growth rate that could potentially deliver tenfold returns or greater [1]

Core Insights - Telos Corporation has secured a $2.2 million contract with a U.S. federal agency to implement its Xacta cyber governance, risk, and compliance platform [1] - The contract emphasizes the growing adoption of Telos solutions by federal agencies aiming to reduce compliance costs and enhance security operations [3][4] Group 1: Contract Details - The federal agency will utilize Xacta's capabilities within the Telos FedRAMP High environment to manage complex compliance requirements [2] - The agency will benefit from premium support services and the full suite of Xacta capabilities, which will help reduce manual workloads and improve security oversight [2] Group 2: Strategic Implications - This contract signifies Telos' expanding presence in the government sector and aligns with the company's strategy to provide scalable compliance solutions to both government and commercial clients [4] - The award reflects the trust federal agencies have in Xacta to fulfill critical compliance and cybersecurity needs, highlighting the increasing demand for automation in compliance processes [4]

Joining me now for a look across the cyber security space and beyond is Steve Kanig, US head of technology research, McQuary US Equity Research. Steve, thank you so much for joining us here at the big board. Good morning, Diane.Thanks for having us. It's good to see you. All right.Um, it feels like we are in such a different place than we were a little more than a year ago with a crowd strike. So, how would you describe just where things stand now and kind of this current state of affairs. Well, we certain ...

Core Insights - Cybersecurity is increasingly in the spotlight as hackers become more daring and ambitious in their targets, which include well-known companies behind various goods [1] Industry Summary - The rise in cyberattacks highlights the growing importance of cybersecurity measures across industries, as companies face heightened risks from sophisticated hacking attempts [1] - Familiar companies are becoming prime targets for hackers, indicating a shift in the landscape of cybersecurity threats [1]