CrowdStrike Shares Rise Pre-Earnings as Analysts Anticipate Revenue Beat

AUSTIN, Texas, March 3, 2025 — Shares of CrowdStrike Holdings Inc. (NASDAQ: CRWD) saw an increase of 0.73% in early trading on Monday as the cybersecurity firm prepares to announce its fiscal fourth-quarter results on March 4. Analysts predict a revenue beat for the quarter, bolstered by expectations of robust fiscal 2026 guidance.

According to Needham analyst, CrowdStrike is expected to report revenues of $1.034 billion and non-GAAP earnings of 86 cents per share. The company is also projected to report operational income of $188 million, resulting in an operating margin of 18.2%.

Investor attention is likely to focus on CrowdStrike’s net new annual recurring revenues (NNARR), with the fourth-quarter consensus estimate of $4.209 billion in annual recurring revenue (ARR) implying a NNARR of $192.4 million. Analyst Cikos noted, “CrowdStrike is likely to deliver stronger outperformance to guidance given relatively consistent win rates despite caution due to the July outage and year-end renewal seasonality.”

In the previous quarter, CrowdStrike surpassed revenue expectations, reporting a 28.5% year-on-year increase with revenues of $1.01 billion. However, analysts anticipate a slowdown in growth, with a projected 22.3% increase this quarter compared to a 32.6% increase recorded during the same period last year.

Analysts have maintained their estimates over the last month, signaling confidence in the company’s performance ahead of the earnings announcement. Despite a history of misses on revenue expectations, CrowdStrike’s stock price remains largely unchanged over the past month, heading into earnings with an average analyst price target of $399.34.

Looking at industry competitors, Varonis recently reported a year-on-year revenue growth of 2.9%, falling short of analysts’ expectations. Meanwhile, Qualys reported a revenue increase of 10.1%, exceeding their projections.

As organizations continue their transition to the cloud amid increasing cybersecurity threats, the demand for cybersecurity solutions is expected to rise. Analysts are closely monitoring CrowdStrike’s performance given the heightened market interest in cybersecurity firms.