CrowdStrike Shares Surge on Strong Earnings and Upgraded Forecast

The cybersecurity firm outperforms Wall Street expectations, driven by robust demand for its Falcon platform.

CrowdStrike's revenue for the first quarter was $921 million, surpassing analysts' estimates of $904.7 million.
The company raised its full-year 2025 revenue forecast to between $3.98 billion and $4.01 billion.
Adjusted earnings per share for the first quarter were 93 cents, exceeding the expected 89 cents per share.
Analysts have set new price targets for CrowdStrike, with some predicting potential inclusion in the S&P 500.
The firm's Falcon platform is credited for its strong performance and competitive advantage in the cybersecurity market.