CrowdStrike Holdings (CRWD) AI Stock Analysis

• Market Cap: $117.73B
• Dividend Yield: N/A
• Average Volume (3M): 2.25M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.96
• Revenue Growth: 22.05%
• EPS Growth: -341.24%
• Country: US
• Employees: 10,118
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.96
• Shares Outstanding: 252,098,430
• 10 Day Avg. Volume: 1,999,787
• 30 Day Avg. Volume: 2,247,032
• PEG Ratio: 41.69
• Price to Book (P/B): 29.71
• Price to Sales (P/S): 24.64
• P/FCF Ratio: 91.23
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 29.03
• Enterprise Value/Gross Profit: 39.09
• Enterprise Value/Ebitda: -9.06K
• 1Y Price Target: $562.25
• Price Target Upside: 20.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 34
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: $514.00 ▲(10.07% Upside)

The score is driven primarily by solid financial performance (strong margins and cash generation with low leverage) and an upbeat earnings call featuring record ARR/FCF and robust guidance. These positives are meaningfully offset by weak technical momentum (below key moving averages with negative MACD) and valuation concerns tied to ongoing GAAP losses and no dividend yield.

Positive Factors

Strong Revenue Growth

The significant increase in ARR indicates strong demand for CrowdStrike's services, suggesting continued expansion and market penetration in the cybersecurity sector.

Cash Flow Generation

Robust cash flow generation reflects efficient operations and provides financial flexibility for reinvestment and strategic initiatives, supporting long-term growth.

Strategic Partnerships

These partnerships enhance product offerings and market reach, strengthening CrowdStrike's competitive position in the cybersecurity industry.

Negative Factors

Profitability Challenges

Ongoing profitability issues may hinder the company's ability to generate shareholder returns and invest in growth, posing a risk to long-term financial health.

GAAP Net Loss

The GAAP net loss, influenced by incident-related and acquisition costs, highlights financial vulnerabilities that could affect future profitability and cash reserves.

Incident-Related Costs

These costs underscore operational risks and may limit financial flexibility, affecting the company's ability to respond to future challenges and invest in growth.

CrowdStrike Holdings Business Overview & Revenue Model

Company Description

CrowdStrike Holdings, Inc. provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. The company primarily sells subscriptions to its Falcon platform and cloud modules through its direct sales team that leverages its network of channel partners. It serves customers worldwide. The company was incorporated in 2011 and is based in Austin, Texas.

How the Company Makes Money

CrowdStrike generates revenue primarily through a subscription-based model, where customers pay for access to its Falcon platform and its suite of cybersecurity services. The company offers various subscription tiers based on the level of protection and number of endpoints secured, allowing for scalability according to customer needs. Key revenue streams include the sale of endpoint protection subscriptions, managed threat hunting services, and additional modules that provide specialized capabilities such as identity protection and cloud security. Additionally, CrowdStrike has formed significant partnerships with major technology firms and cybersecurity organizations, which help expand its market reach and enhance its product offerings. The company also benefits from a growing demand for cybersecurity solutions driven by increasing cyber threats and regulatory compliance requirements across industries.

CrowdStrike Holdings Financial Statement Overview

Summary

CrowdStrike shows strong revenue growth and efficient cash flow management, with a robust gross profit margin of 74.13% TTM. However, the company faces profitability challenges, as evidenced by negative net income and margins. The balance sheet is solid with low leverage, providing a stable financial foundation.

Income Statement

CrowdStrike's revenue growth remains strong with a TTM growth rate of 5.16%, although it has slowed compared to previous years. The gross profit margin is robust at 74.13% TTM, indicating efficient cost management. However, the company is still operating at a net loss with a net profit margin of -6.88% TTM, and negative EBIT and EBITDA margins, reflecting ongoing challenges in achieving profitability.

Balance Sheet

The balance sheet shows a healthy debt-to-equity ratio of 0.20 TTM, indicating low leverage and financial stability. However, the return on equity is negative at -8.77% TTM, highlighting the company's struggle to generate returns for shareholders. The equity ratio is strong, suggesting a solid capital structure.

Cash Flow

CrowdStrike's cash flow is strong, with a free cash flow growth rate of 7.74% TTM and a high free cash flow to net income ratio of 0.79 TTM, indicating efficient cash generation relative to its net income. The operating cash flow to net income ratio is also healthy, reflecting good cash flow management despite net losses.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.95B	3.06B	2.24B	1.45B	874.44M
Gross Profit	2.96B	2.30B	1.64B	1.07B	644.89M
EBITDA	294.80M	293.83M	-40.75M	-65.98M	-46.17M
Net Income	-19.27M	89.33M	-183.25M	-234.80M	-92.63M
Balance Sheet
Total Assets	8.70B	6.65B	5.03B	3.62B	2.73B
Cash, Cash Equivalents and Short-Term Investments	4.32B	3.47B	2.71B	2.00B	1.92B
Total Debt	788.90M	792.87M	783.62M	774.72M	778.99M
Total Liabilities	5.38B	4.31B	3.54B	2.58B	1.86B
Stockholders Equity	3.28B	2.30B	1.46B	1.03B	870.57M
Cash Flow
Free Cash Flow	1.07B	929.10M	674.57M	441.10M	292.72M
Operating Cash Flow	1.38B	1.17B	941.01M	574.78M	356.57M
Investing Cash Flow	-536.59M	-340.65M	-556.66M	-564.52M	495.43M
Financing Cash Flow	107.21M	93.16M	77.44M	72.53M	800.13M

CrowdStrike Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 466.99
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRWD, the sentiment is Negative. The current price of 466.99 is below the 20-day moving average (MA) of 473.10, below the 50-day MA of 503.12, and above the 200-day MA of 465.02, indicating a neutral trend. The MACD of -9.95 indicates Negative momentum. The RSI at 42.99 is Neutral, neither overbought nor oversold. The STOCH value of 51.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CRWD.

CrowdStrike Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PANW	73 Outperform	$131.65B	121.05	15.33%	―	15.30%	-60.71%
FTNT	71 Outperform	$58.50B	32.25	228.04%	―	14.78%	22.52%
CRWD	66 Neutral	$117.73B	-370.44	-8.88%	―	22.05%	-341.24%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
NET	61 Neutral	$65.29B	-634.53	-8.88%	―	28.06%	-7.44%
ZS	60 Neutral	$34.55B	-826.39	-2.41%	―	23.24%	-8.83%
S	58 Neutral	$5.11B	-11.68	-25.79%	―	24.09%	-34.25%

CrowdStrike Holdings Corporate Events

CrowdStrike Grants CEO New Performance-Based Equity Award

On December 22, 2025, CrowdStrike’s independent directors approved a new performance-based equity award for President and CEO George Kurtz under the company’s 2019 Equity Incentive Plan, granting a target of 300,000 performance stock units that may yield no shares if total shareholder return over three years ranks below the 25th percentile of the S&P 500, or up to 600,000 shares if returns reach at least the 90th percentile. The board framed the award as a long-term retention and incentive mechanism tightly linked to relative stock performance, citing Kurtz’s role in driving revenue growth from $250 million in fiscal 2019 to $3.95 billion in fiscal 2025, ARR expansion to $4.9 billion as of October 31, 2025, a non-GAAP operating margin improvement to 22.3%, and a 1,321% share price gain since the IPO, as it seeks to keep him leading CrowdStrike’s push toward $20 billion in ARR amid intensifying AI-driven cybersecurity threats and strong competition for top industry talent.

The most recent analyst rating on (CRWD) stock is a Buy with a $613.00 price target. To see the full list of analyst forecasts on CrowdStrike Holdings stock, see the CRWD Stock Forecast page.