CrowdStrike Holdings Stock Jumps on 2027 Forecast Beat Despite AI Fears
CrowdStrike shares climbed 4.5% to $426.16 after the company projected fiscal 2027 revenue above Wall Street estimates. Fourth-quarter revenue rose 23% to $1.31 billion, with adjusted earnings per share at $1.12. Annual recurring revenue grew 24% to $5.25 billion. Costs from the July 2024 Windows outage reached $117.7 million for fiscal 2026.