NEW YORK, June 2, 2026, 10:05 EDT
CrowdStrike shares fell about 2.2% in early Nasdaq trading on Tuesday, easing to $764.67 as investors looked ahead to fiscal first-quarter results due after the U.S. market close on Wednesday. The cybersecurity company said it will hold its results call at 5:00 p.m. Eastern time.
The report matters because the stock has nearly 70% this year, lifted by a view that artificial intelligence will expand the need for cyber defense rather than weaken it. Options pricing suggests traders are bracing for a move of up to 9.5% in either direction by the end of the week.
Analysts tracked by Visible Alpha expect first-quarter revenue to rise almost 24% to $1.36 billion, with adjusted earnings per share of $1.07, Investopedia reported. CrowdStrike’s own March guidance called for first-quarter revenue of $1.360 billion to $1.364 billion and adjusted EPS of $1.06 to $1.07.
CrowdStrike’s latest pitch is that AI creates new surfaces to defend, not just cheaper ways to write software. On June 1, the company said it is working with NVIDIA to bring DOCA Argus telemetry into Falcon Next-Gen SIEM — security information and event management software, used to collect and analyze security logs — to improve visibility across AI infrastructure.
NVIDIA said its Vera BlueField-4 STX ecosystem includes CrowdStrike as well as Palo Alto Networks, Zscaler and Fortinet, underscoring how crowded the AI-security layer already is. Jensen Huang, NVIDIA’s chief executive, said agentic AI — systems that can reason and act across company data with limited human input — must be protected “where data moves.” NVIDIA Newsroom
CrowdStrike also said it is introducing AI Discovery and Governance for Falcon for IT, aimed at helping companies find, assess and control AI tools across corporate environments. That targets “shadow AI,” the use of unapproved AI services or agents inside a company. CrowdStrike
The company has also pushed the AI theme into cyber insurance. On May 28, CrowdStrike expanded Project QuiltWorks with Coalition, Liberty Mutual Insurance, Lockton, Resilience and Marsh, saying the framework will help companies identify, fix and financially manage exposure to frontier AI risk, shorthand for risks tied to advanced AI systems that can speed up vulnerability discovery and attack timelines. Daniel Bernard, CrowdStrike’s chief business officer, said that risk “lands on the balance sheet.” CrowdStrike Holdings, Inc.
The business has momentum to defend. CrowdStrike said in March that fourth-quarter revenue rose 23% to $1.31 billion, annual recurring revenue — contracted subscription revenue expected over a year — climbed 24% to $5.25 billion, and net new ARR hit a record $330.7 million. Chief Executive George Kurtz called AI a “massive growth opportunity” for the company. CrowdStrike Holdings, Inc.
The Yahoo Finance-linked Motley Fool article published Monday took a more measured view, saying CrowdStrike still has strong revenue growth but its compound growth rates have slowed. It also said the company’s fiscal 2027 ARR outlook does not yet show a clear, immediate acceleration from the AI wave.
A Seeking Alpha contributor writing under Hunting Alphas reversed a prior bearish view on CrowdStrike and AI, arguing that AI agents could widen demand for Falcon OverWatch and Next-Gen SIEM. The same piece flagged valuation as the key risk, saying the stock would need roughly 35% annual EPS growth over seven years to support the math.
The competitive backdrop is uneven. Zscaler’s weak outlook last week rattled cybersecurity shares, though Barron’s reported that analysts including Dan Ives at Wedbush and Adam Borg at Stifel viewed the issues as more company-specific than a warning on the whole sector.
But the trade has little room for a dull quarter. CrowdStrike is already above the average analyst target of $521 tracked by Visible Alpha, even with 20 of 23 analysts rating the stock a buy, and the options market is signaling that a routine beat may not be enough if management cannot show AI demand turning into durable subscription growth.
