Cybersecurity company CrowdStrike Holdings (CRWD) is scheduled to announce its results for the second quarter of Fiscal 2026 after the market closes on August 27. The stock has climbed about 23% year-to-date and 58% over the past year, driven by strong momentum in AI‑powered security and the continued expansion of its cloud-native Falcon platform. Its customer base is also growing steadily, supported by strong renewal rates and cross-selling momentum across modules. However, concerns remain around the stock’s high valuation and the potential for softer sales growth in the second half of the year. Overall, Wall Street remains cautiously optimistic about the stock ahead of Q2 earnings.
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What to Expect from CrowdStrike on August 27
Wall Street analysts expect CrowdStrike to report earnings of $0.83 per share for the second quarter of Fiscal 2026, down 20% from the year-ago quarter. Meanwhile, analysts project Q2 revenues of nearly $1.15 billion, according to the TipRanks Analyst Forecasts Page. This marks a year-over-year increase of about 19%.
Wall Street Split on CrowdStrike Ahead of Q2 Earnings
Heading into the Q2 print, Guggenheim analyst John DiFucci kept a Neutral rating on the stock. The 5-star analyst expects the company to meet revenue and annual recurring revenue (ARR) targets in the second quarter. He pointed out that in Q1, CrowdStrike closed two very large deals—each over $23 million— showing that customers are committing to big contracts. He also sees plenty of room for long-term growth in the U.S. federal government market, which could lift revenue over time.
On the cautious side, he believes there is limited upside from current levels. With the stock still trading at a high valuation, he prefers to remain on the sidelines for now.
In contrast, analyst Andrew Nowinski of Wells Fargo reiterated a Buy rating on the stock with a price target of $550, citing signs of recovery and new growth drivers. He noted that demand has improved sharply, nearly back to pre-outage levels, which points to stronger performance in the second half of the year. In addition, newer products like Cloud Security and Identity Protection are expected to fuel ARR growth.
Is CRWD Stock a Good Buy?
With 26 Buys and 12 Hold recommendations, CrowdStrike scores a Moderate Buy consensus rating on TipRanks. The average CRWD stock price target of $497.15 implies an upside risk of about 18.21% from current levels.
