CrowdStrike (CRWD) Is About to Report Q1 Earnings Tomorrow. Here Is What to Expect

Cybersecurity company CrowdStrike Holdings (CRWD) is scheduled to announce its results for the first quarter of Fiscal 2026 after the market closes on June 3. CRWD stock has rallied 38% year-to-date, driven by strong quarterly results, growing demand for its newer offerings like cloud and identity protection, improving profitability, and continued optimism around AI-driven cybersecurity solutions.

Wall Street analysts expect the company to report earnings of $0.66 per share, representing a 29% decline year-over-year. Meanwhile, revenues are expected to grow by 20% from the year-ago quarter to $1.10 billion, according to data from the TipRanks Forecast page. It’s important to note that CrowdStrike has an impressive track record with earnings, having exceeded EPS estimates in each of the past nine consecutive quarters.

Top Analyst’s Views on CRWD Ahead of Q1 Results

Heading into the Q1 results, several analysts have raised their price targets for CrowdStrike stock. Among them is Cantor Fitzgerald analyst Jonathan Ruykhaver, who lifted his price target for CrowdStrike Holdings to $470 from $445 while keeping a Buy rating, showing continued belief in the company’s long-term potential despite some near-term hurdles.

The 5-star analyst is optimistic about the reacceleration in net new annual recurring revenue (NNARR) in the second half of the year. However, he remains “cautious near term” due to several pressures, including an uncertain economic outlook. Ruykhaver also pointed out concerns about the stock’s valuation, noting that CrowdStrike is currently trading at a “premium,” which limits the chance for gains unless the company clearly beats expectations or raises guidance.

Notably, Annual Recurring Revenue (ARR) reflects the steady income generated from subscriptions. According to Main Street Data, CrowdStrike’s ARR climbed to $4.24 billion by the end of FY 2025, representing a 23% rise compared to last year. In Q4 FY25, the company added $224 million in net new ARR, its second-largest quarterly gain to date.

Options Traders Anticipate a Large Move

Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.

Indeed, it currently says that options traders are expecting a 7.67% move in either direction.

Is CRWD Stock a Good Buy?

With 33 Buys, four Holds, and one Sell recommendation, CrowdStrike scores a Strong Buy consensus rating on TipRanks. The average CRWD stock price target of $436.53 implies a downside risk of about 7% from current levels, given the year-to-date rally in the stock.

See more CRWD analyst ratings

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