CrowdStrike (CRWD) continues to ride the wave of soaring enterprise demand for artificial intelligence (AI)-native cybersecurity solutions, fueled by platform consolidation and the swift embrace of its Falcon Flex model. As businesses race to modernize security operations amid a rapidly evolving AI threat landscape, the company finds itself perfectly positioned.
On June 11, CrowdStrike’s shares surged 2% following the announcement that it would integrate its Falcon Cloud Security with Nvidia’s (NVDA) universal LLM NIM microservices and NeMo Safety. The collaboration delivers comprehensive protection for AI and over 100,000 large language models.
With large language models moving into production, the risk of AI-related threats such as data poisoning, tampering, and sensitive data leaks is escalating. CrowdStrike’s Falcon platform pairs seamlessly with NVIDIA NIM, offering full lifecycle defense by monitoring runtime behavior and leveraging AI-driven detection and response.
CRWD stock hit a new 52-week high on June 17 and is trading less than 2% beneath it as of this writing. Its Nvidia alliance could serve as the next catalyst for upward momentum.
About CrowdStrike Stock
Based in Austin, Texas, CrowdStrike (CRWD) is a $120.9 billion cybersecurity leader, delivering cloud-native protection for endpoints, workloads, identities and data.
In the past 52 weeks, CRWD stock has climbed 24.6%.
A Closer Look at CrowdStrike’s Q1 Earnings
On June 3, CrowdStrike reported its first-quarter earnings for fiscal 2026, delivering results that outpaced management’s expectations. Revenues climbed steadily to $1.1 billion, marking a 20% year-over-year jump and aligning neatly with the Street’s forecasts. This marked the third consecutive quarter where revenues surpassed the $1 billion threshold, a feat driven in large part by the Falcon Flex Subscription Model.
As of the quarter’s end, annual recurring revenue (ARR) stood at $4.44 billion, reflecting a 22% year-over-year rise. The engine behind this surge was Falcon Flex again, which added $774 million in total account value this quarter alone, swelling the cumulative deal value of Falcon Flex accounts to $3.2 billion.
Non-GAAP net income landed at $184.7 million, while adjusted EPS stood at $0.73, a notable beat over the expected $0.66 loss per share despite a 7.6% year-over-year dip. Liquidity remained strong too, with cash and equivalents rising to $4.6 billion by April 30, up from $4.3 billion at the end of January.
Looking ahead, CrowdStrike projects Q2 fiscal 2026 revenue in the range of $1.145 billion to $1.152 billion. Adjusted net income is expected to land between $209.1 million and $213.8 million, with EPS forecasted in the range of $0.82 to $0.84.
For the full fiscal year 2026, total revenue is anticipated between $4.74 billion and $4.81 billion. Adjusted net income is projected to reach as high as $909.7 million, or $3.44 to $3.56 per share.
Meanwhile, analysts paint a mixed short-term picture. For Q2 2026, they expect the loss per share to widen 179% year over year to $0.19. For the entire fiscal year 2026, the anticipated loss widens further by 232.7% year over year to $0.65 per share.
However, the outlook for fiscal 2027 is notably more optimistic. Analysts expect a significant turnaround, projecting EPS to grow 123.1% year over year, reaching $0.15 and setting the stage for a potential comeback.
What Do Analysts Expect for CrowdStrike Stock?
CrowdStrike has managed to strike the right chord with Wall Street. Analysts give the stock a “Moderate Buy” rating overall. Out of 46 analysts, 29 hold a “Strong Buy,” three suggest a “Moderate Buy,” 12 are sitting on a “Hold,” and two remain bearish with a “Strong Sell.”
The Street-high target of $550 represents potential upside of 13% from the current price level.
