CrowdStrike Q2 Earnings Preview: What to Expect From Upcoming Report
CrowdStrike is set to report its Q2 Fiscal 2026 earnings on August 27, with analysts expecting earnings of $0.83 per share and revenue of approximately $1.15 billion. The stock has risen 23% year-to-date, driven by AI security demand. Analysts have mixed views: Guggenheim's John DiFucci is neutral, while Wells Fargo's Andrew Nowinski is bullish with a $550 price target. The average target price from 48 analysts is $468.63, indicating an upside of 11.43% from the current price of $420.55.
Aug 25 - CrowdStrike heads into its Q2 Fiscal 2026 report on August 27 with Wall Street watching closely. Analysts expect earnings of $0.83 a share, down about 20% from a year earlier, while revenue should near $1.15 billion, roughly a 19% increase year-over-year. The stock has climbed about 23% year-to-date and 58% over the past 12 months, driven by AI-powered security demand and steady expansion of the cloud-native Falcon platform.
Customers keep renewing, and cross-sell momentum across modules supports recurring revenue growth. Still, the shares trade at a premium and investors worry about whether sales growth can keep pace in the back half of the year. Guggenheim's John DiFucci remains neutral, noting CrowdStrike can meet revenue and ARR targets but offering limited upside from current levels. By contrast, Wells Fargo's Andrew Nowinski stays bullish with a $550 price target, citing improving demand and new products like Cloud Security and Identity Protection to drive ARR.
The two stories bracket the market: strong product penetration, which can drive ARR growth over the long term, and an expensive multiple, which does not allow much execution leeway. Investors will interpret ARR guidance, renewal trends, and feedback on the enterprise and federal pipeline to determine the risk vs. reward ratio after the print.
Is CRWD Stock a Buy?
Based on the one year price targets offered by 48 analysts, the average target price for CrowdStrike Holdings Inc is $468.63 with a high estimate of $575.00 and a low estimate of $185.00. The average target implies a upside of +11.43% from the current price of $420.55.
Based on GuruFocus estimates, the estimated GF Value for CrowdStrike Holdings Inc in one year is $468.05, suggesting a upside of +11.29% from the current price of $420.55.
