CrowdStrike Stock Upgraded Ahead of Earnings
This is a news story, published by Investor's Business Daily, that relates primarily to CrowdStrike news.
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CrowdStrike stockInvestor's Business Daily
•CrowdStrike stock rises as four brokerages hike price targets ahead of Q3 earnings report
82% Informative
CrowdStrike stock has gained 40% in 2024 as shares rebound from a global IT outage in July .
Key financial metric for investors heading into the CrowdStrike earnings report will be subscription-based annual recurring revenue.
Analysts polled by FactSet estimate ARR of $4.01 billion for Q3 , up 27% from a year earlier and 4% from the June quarter .
CrowdStrike is on track to report over $1 billion in revenue for the first time in the January quarter .
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