CrowdStrike pops 12% on upbeat long-term guidance at investor day
The Crowdstrike logo is seen in this picture taken on July 29, 2024.
Dado Ruvic | Reuters
Crowdstrike One day after the Cyber Security firm’s better long -term guidance on the investor day, stocks exploded more than 12%.
The company said that on Wednesday, before analysts’ expectations, the net new annual receivables in 2027 expect to grow at least 20% in 2027. Crowdstrike plans to reach 10 billion dollars by Arr by 2031 and then doubled by 2036 to $ 20 billion.
At the beginning of this week, the company said that he bought AI Security Platform Pangea and one Partnership with Salesforce.
“Crowdstrike is the most advanced security platform in the industry and the abundance of AI -based solutions announced today, Crowdstrike,” Wells Fargo Analyst Andrew Nowinski, “Crowdstrike in the industry.”
Some Wall Street companies have increased price targets.
Cyber security, businesses increased security in the age of artificial intelligence, this year, the center took the stage. Many companies have used AI tools to strengthen their bids as threats increased sophisticated.
The biggest technology opportunities of this year include Google’s acquisition of Wiz and Palo Alto Networks of Israeli Cyber Security of 32 billion dollars.
Cyber Security Company Netskope While hitting the public market on Thursday, Thoma Bravo supported Sailing point Earlier this year he left.
During the latest earning report, Crowdstrike’s income guidance for the third quarter was insufficient from the expectations of analysts.
