The Latest Breaking News from CRWD

The cybersecurity industry is expected to grow markedly, driven by growing demand and increased government investments amid a perceived heightened cyberattack risk from Russia. Thus, Wall Street analysts expect the stocks of fundamentally solid cybersecurity companies CrowdStrike (CRWD) and Okta Inc (OKTA) to surge more than 35% in price in…

CrowdStrike Holdings Inc (NASDAQ: CRWD) is surging Thursday after the cybersecurity company reported better-than-expected financial results and issued strong guidance, but the stock should be trading even higher, according to Ritholtz Wealth Management's Josh Brown

Analysts painted a sharp upside to CrowdStrike Holdings Inc (NASDAQ:CRWD) after it reported a stronger than expected Q4 and initial FY23 growth outlook. ARR rose 65% Y/Y and grew to $1.73 billion, of which $216.9 million was net new ARR added in Q4. BTIG analyst Gray Powell upgraded to Buy from Neutral with a $257 PT (51.4%…

Crowdstrike Holdings Inc (NASDAQ:CRWD) reported fourth-quarter revenue growth of 62.7% year-over-year to $431 million, beating the consensus of $410.90 million. ARR increased 65% Y/Y and grew to $1.73 billion as of January 31, 2022, of which $216.9 million was net new ARR added in Q4. Subscription gross margin was 76%, compared to 78%…