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

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

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

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

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

'The Crowd is Getting Better': CrowdStrike (CRWD) Falls Despite Topping Estimates as Strong Results Likely Priced In, Analysts Raise PTs on 'Another Strong Quarter'

Shares of CrowdStrike (NASDAQ: CRWD) are down over 3% in pre-open Wednesday despite the fact that the cybersecurity company delivered stronger-than-expected results and guidance.

CrowdStrike reported Q2 EPS of $0.11 to beat 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 grew ending ARR 70% year-over-year to exceed $1.34... More

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

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