CrowdStrike Reports Second Quarter Fiscal Year 2022 Financial Results

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CrowdStrike Holdings (CRWD) PT Raised to $340 at Needham & Company

September 1, 2021 7:14 AM EDT

Needham & Company analyst Alex Henderson raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $340.00 (from $335.00) while maintaining a Buy rating.

The analyst commented, "Despite a slight decline in the aftermarket, we think the Crowd numbers were superb and exceeded our... More

CrowdStrike Holdings (CRWD) PT Raised to $330 at Canaccord Genuity

September 1, 2021 7:11 AM EDT

Canaccord Genuity analyst Michael Walkley raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $330.00 (from $280.00) while maintaining a Buy rating.

The analyst commented, "CrowdStrike delivered yet another beat-and-raise quarter with ARR up 70% YoY, RPO up 81%, and net new customers up 81% YoY to... More

CrowdStrike Holdings (CRWD) PT Raised to $315 at Stifel

September 1, 2021 6:19 AM EDT

Stifel analyst Brad Reback raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $315.00 (from $300.00) while maintaining a Buy rating.

The analyst commented, "CrowdStrike F2Q22 results exceeded consensus estimates across all major financial metrics. As we highlighted in an earlier note, we believe... More

CrowdStrike (CRWD) Falls 3% After-Hours Despite Q2 Beat/Raise on 70% Revenue Growth

August 31, 2021 4:39 PM EDT

CrowdStrike Holdings Inc. (NASDAQ: CRWD) shares were trading around 3% lower after-hours despite better-than-expected Q2/2022 results, highlighted by rapid subscription revenue growth and record net new ARR generated.

Quarterly revenue rose 70% to $337.7 million, beating the consensus estimate of $323.13 million, with Annual Recurring Revenue (ARR) of $1.34... More

CrowdStrike Holdings Inc. (CRWD) Tops Q2 EPS by 2c; Raises Outlook

August 31, 2021 4:07 PM EDT

CrowdStrike Holdings Inc. (NASDAQ: CRWD) reported Q2 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $337.7 million versus the consensus estimate of $323.13 million.

"CrowdStrike delivered an outstanding second quarter with rapid subscription revenue growth and record net new ARR generated in the quarter. We saw strength in multiple areas of the business, added $151 million in net new ARR and... More