Growth DecelerationGrowth has decelerated to below 20% in 1H26, and while acceleration to about 22% is expected in 2H, growth will decelerate in the next few years, hence the growing focus on valuation.
Revenue ChallengesF1Q subscription revenue of approximately $1.05B fell short of consensus expectations due to the CCP program.
Valuation ConcernsCrowdStrike is very expensive compared to the price target, which is a common issue across the cybersecurity sector.