CrowdStrike stock gains 2.82 percent as AI demand lifts outlook

Published on 09/29/2026 at 08:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CrowdStrike reported USD 1.47 billion in Q2 fiscal 2027 revenue, up 26 percent year over year. Truist set a USD 300 target on September 1.

Fotorealistisches Cybersicherheits-Operations-Center mit Bedrohungsmonitoren — CrowdStrike Holdings Cybersicherheitszentrale US22788C1053 mit Analysten und weltweiten Bedrohungskarten auf mehreren Monitoren, Illustration mit AI erstellt.

CrowdStrike stock (ISIN US22788C1053) was last at USD 259.25 on Nasdaq on September 28, 2026 at 4:00 p.m. ET, up 2.82 percent on the session. The move leaves the shares 1.75 percent below the 52-week high of USD 263.87, while the company enters the next quarter with accelerating AI security demand.

Revenue reaches USD 1.47 billion

In Q2 fiscal 2027, CrowdStrike generated USD 1.47 billion in revenue, up 26 percent from the prior-year quarter. According to The Motley Fool on August 26, 2026, non-GAAP diluted earnings per share reached USD 0.31, up 34 percent year over year.

Annual recurring revenue reached USD 5.84 billion, an increase of 25 percent from the prior year, while net new ARR rose 51 percent to USD 333 million. The combination gives investors a clearer operating signal than the share move alone: platform expansion is translating into larger recurring contracts.

Guidance points to further growth

Management guided to fiscal 2027 revenue of USD 5.991 billion to USD 6.011 billion, representing 25 percent growth over the prior fiscal year. The company also expects fiscal 2027 net new ARR of USD 1.350 billion to USD 1.359 billion, up 34 percent year over year, according to The Motley Fool citing the August 26 earnings call.

The valuation hurdle is visible in the market data. CrowdStrike's market capitalization stood at USD 264.0 billion on September 28, 2026, and the share price was only 1.75 percent below its yearly high.

Truist lifts its price target

Analyst expectations have also moved higher. Investing.com reported on September 1, 2026 that Truist raised its price target to USD 300 from USD 245 while maintaining a Buy rating. The new target lies 15.72 percent above the September 28 reference price, making execution against the raised growth outlook the central test for the premium valuation.

Stock stays near its yearly high

CrowdStrike stock was last at USD 259.25 on Nasdaq on September 28, 2026, with a session range of USD 246.51 to USD 260.68 and volume of 8,936,682 shares. The next earnings report is scheduled for December 1, 2026, according to Investing.com.