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CrowdStrike slides after disappointing Q3 revenue forecast

ReutersAug 27, 2025 9:01 PM
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Shares of cybersecurity firm CrowdStrike CRWD.O down 7.2% post-market to $392 after qtrly report

Co sees current qtr revenue of $1.21-$1.22 bln, slightly below LSEG estimate of $1.23 billion

Q2 revenue of $1.17 bln and adj EPS of 93 cents surpassed consensus estimates of $1.15 bln and 83 cents, respectively

Wall Street analysts expressed caution heading into the report as co continues to grapple with fallout from last year's Windows outage

Of 55 brokerages covering CRWD, recommendation breakdown is 33 "strong buy" or "buy", 19 "hold" and 3 "sell" or "strong sell" ratings; median PT is $495

Through Weds close, stock up about 24% YTD compared to roughly 15% advance in S&P 500 Tech sector .SPLRCT

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