CrowdStrike Q4 Preview: Analysts Forecast 22.6% Revenue Growth; Shares Down 15.6%
CrowdStrike will report Q4 earnings Tuesday after market close, with analysts forecasting 22.6% revenue growth year-over-year compared to last quarter’s 22.2% gain on $1.23 billion. Shares have declined 15.6% over the past month versus a 9.7% drop for cybersecurity peers, with an average analyst price target of $520.38.
1. Q4 Earnings Preview
CrowdStrike will report its fiscal Q4 earnings on Tuesday after market close, with analysts expecting 22.6% year-over-year revenue growth. The company has a strong track record of beating revenue forecasts and rarely misses analyst estimates.
2. Last Quarter Results
In the prior quarter, CrowdStrike generated $1.23 billion in revenue, marking a 22.2% year-over-year increase, and delivered billings and EBITDA that topped analysts’ projections.
3. Peer Performance Comparison
Peers Varonis Systems and Zscaler posted year-over-year revenue gains of 9.4% and 25.9%, respectively, but saw shares fall 10.8% and 12% after reporting, highlighting market sensitivity to cybersecurity earnings.
4. Share Movement and Outlook
CrowdStrike shares have slipped 15.6% over the past month, underperforming the cybersecurity group’s 9.7% average decline, while the average analyst price target of $520.38 suggests significant upside potential.