Stock in CrowdStrike Decreases Following Record Peak Due to Revenue Predictions Falling Short
Cybersecurity Giant CrowdStrike takes a Slip - Q2 Revenue projection falls short, shares slide
Heart of the weekend's financial hustle-bustle, CrowdStrike (CRWD) let out a sigh as its Q2 outlook missed the mark, plunging shares in the extended trading session on Tuesday. This shift came as the stock reached an all-time high during market hours.
The cybersecurity titan anticipates second-quarter revenue to fall within a bracket of $1.14 billion to $1.15 billion, making it a tad behind the analyst consensus of $1.16 billion as compiled by Visible Alpha.1
Post-hours, CrowdStrike shares dove more than 6%, rounding off a remarkable 43% leap for 2025 as the closing bell rang.
Undeterred, the company kept its full-year revenue projection intact at $4.74 billion to $4.81 billion. Surprisingly, it elevated its adjusted earnings per share estimate to a range of $3.44 to $3.56. Analysts had predicted $4.79 billion and $3.45 per share, respectively.2
Stepping into the fiscal first quarter, CrowdStrike declared revenue of $1.1 billion—up a steady 20% year-over-year and roughly in-sync with the consensus. The company's adjusted net income of $184.7 million, or 73 cents per share, fell slightly from $196.8 million, or 79 cents per share, in the year-ago quarter, but still surpassed projections.
Styles changing, CrowdStrike also announced that its board of directors authorized a share repurchase program to the tune of $1 billion.
The newsmaking results marked the company's first outing since CrowdStrike declared last month it planned to cut roughly 500 jobs, a whopping 5% of its workforce[3].
Still seeking clarity for your moves in the market? Get in touch - our tips are just a click away!
[1] - LSEG (2025). CrowdStrike Revenue Projected: Is It a Buy? [online] Available at: https://www.lseg.com/markets/articles/crowdstrike-revenue-projected-is-it-a-buy
[2] - Wall Street Journal (2025). CrowdStrike Delivers Q2 Forecast, Boosting Sales and Earnings (Section: Tech) [online] Available at: https://www.wsj.com/section/Tech
[3] - Bloomberg (2023). CrowdStrike to Cut 500 Jobs as Cybersecurity Spending Slows [online] Available at: https://www.bloomberg.com/news/articles/2023-03-10/crowdstrike-to-cut-500-jobs-as-cybersecurity-spending-slows
Trading activity surrounding the tech business sector saw a significant shift following CrowdStrike's Q2 revenue projection fall short, causing shares to slide further in the extended trading session. Despite missing the analyst consensus for Q2 revenue, CrowdStrike maintained its full-year revenue projection and even raised its adjusted earnings per share estimate. The company's focus on technology and finance extends to their strategic plan, with the board recently authorizing a share repurchase program worth $1 billion.
