CrowdStrike is set to report its fiscal Q2 results with Wall Street divided on how much it needs to exceed expectations after a strong stock rally. Jefferies forecasts net new annual recurring revenue (NNARR) of $310 million, above management guidance, signaling a 25% year-over-year growth. BofA projects a more conservative $286 million NNARR but stresses that investors want to see a beat of more than 3% above consensus to maintain stock momentum. Both banks highlight that the quality and acceleration of growth, especially in AI-driven security demand and platform expansion, will be critical for future share performance.
Shares of CrowdStrike and Okta surged after both companies beat earnings expectations and raised forecasts, driven by increased cybersecurity spending amid rising AI threats. The adoption of AI has led to more sophisticated cyberattacks, prompting bu...
Cybersecurity stocks rallied strongly following better-than-expected Q2 2027 earnings reports from Okta and CrowdStrike. Okta's shares jumped 22% after reporting $805 million in revenue and positioning itself as a key security layer for AI agents, wh...
CrowdStrike reported strong Q2 results with earnings of $0.31 per share and revenues of $1.47 billion, beating analyst estimates. Annual Recurring Revenue grew 25% year-over-year to $5.84 billion, including a record $333 million in net new ARR. The c...
CrowdStrike exceeded Wall Street's fiscal Q2 earnings and revenue expectations, reporting 31 cents per share and $1.47 billion in revenue, driven by a 26% year-over-year revenue increase. CEO George Kurtz called it the company's best quarter ever, at...
CrowdStrike reported a strong Q2 fiscal 2027 with revenue of $1.47 billion, up 26% year-over-year, beating analyst estimates. Adjusted EPS rose 35% to $0.31, and net new annual recurring revenue grew 51% to $333 million. The company raised its full-y...
