Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) fell 4% in the afternoon session after markets pulled back, with the decline concentrated in the tech space, as investors engaged in profit-taking following a robust week that saw the S&P 500 hit a new record.
Stay updated with the movements of the S&P500 index one hour before the close of the markets on Friday. Discover which stocks are leading as top gainers and losers in today's session.
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Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) jumped 3.8% in the afternoon session after investors looked past a soft third-quarter forecast and focused on the company's solid second-quarter earnings results.
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Shares of CrowdStrike Holdings (CRWD) rose on upbeat Q2 results. Wedbush, Rosenblatt, Goldman Sachs, Needham, and Cantor Fitzgerald maintain Buy ratings.
Stay informed about the performance of the S&P500 index in the middle of the day on Thursday. Uncover the top gainers and losers in today's session for valuable insights.
Cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 21.3% year on year to $1.17 billion. On the other hand, next quarter’s revenue guidance of $1.21 billion was less impressive, coming in 1.3% below analysts’ estimates. Its non-GAAP profit of $0.93 per share was 12.1% above analysts’ consensus estimates.
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are trading lower Thursday after the company reported second-quarter results and issued soft revenue guidance for the third quarter. Multiple analysts lowered price targets following the print.
Canaccord stated that while net-new annual recurring revenue (ARR) jumped to $221 million from $194 million in the previous quarter, overall ARR and subscription revenue growth continued to decelerate year-on-year.
