NEW YORK, March 5, 2026, 11:45 (EST)
- CrowdStrike put out a revenue target for fiscal 2027, landing somewhere between $5.87 billion and $5.93 billion.
- The stock climbed roughly 4% late Thursday morning.
- Fourth-quarter revenue jumped 23% for the company.
CrowdStrike stock climbed roughly 4% Thursday, following the cybersecurity company’s fiscal 2027 revenue forecast—guiding between $5.87 billion and $5.93 billion. For the first quarter, CrowdStrike expects revenue in the $1.36 billion to $1.364 billion range.
The outlook comes as investors pick through software names to figure out who can hang onto pricing power in an AI-dominated landscape—and who gets pinched. Even cybersecurity, often considered tech’s safe spot, hasn’t escaped the valuation debate.
For CrowdStrike, it’s not a matter of attack frequency anymore. The real issue: who gets the dollars when boards demand leaner toolkits and quicker action? The company’s guidance offers an early look at where that spending may land.
Fourth-quarter revenue jumped 23% to $1.31 billion, according to a filing, with annual recurring revenue reaching $5.25 billion, up 24%. CEO George Kurtz called CrowdStrike “mission-critical infrastructure” as more enterprises move into AI. CFO Burt Podbere said the company “exceeded expectations across all guided metrics.” SEC
On the earnings call, Kurtz said “AI is driving elevated demand for the Falcon platform,” with companies deploying new AI tools even as threats accelerate. CrowdStrike also disclosed it bought back around 144,000 shares after the fiscal year ended, leaving about $950 million on its current buyback authorization. Investing
Nerves have been rattled by a wave of fresh AI-powered security launches, Anthropic among them, and questions are swirling about how easy some cyber defenses are to copy. “Having a software stock trade close to flat post print seems like a good outcome,” said Truist Securities’ Junaid Siddiqui. CrowdStrike’s stock ended regular trading up 1.7%, then slipped 0.8% after hours, according to Reuters. The firm flagged a jump in costs from the July 19, 2024 Windows outage and related issues, now totaling $117.7 million for fiscal 2026. It’s also sticking with plans to acquire identity specialist SGNL for $740 million, and is buying Israel-based Seraphic Security for roughly $420 million. Reuters
Even so, the bullish scenario hinges on buyers continuing to prioritize premium security, regardless of tighter IT budgets or longer procurement processes. If AI-native solutions catch on more rapidly than anticipated, price competition may intensify. And a slip-up on the product side? That kind of mistake tends to get punished in short order.
CrowdStrike’s Falcon platform offers cloud-based cybersecurity tools, squaring off with the likes of Microsoft and Palo Alto Networks in endpoint, cloud, and identity security segments.
