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CrowdStrike pops 12% on upbeat long-term guidance at investor day
CrowdStrikeCrowdStrike(US:CRWD) CNBC·2025-09-19 03:02

CrowdStrike logo is seen in this illustration taken July 29, 2024.CrowdStrike shares popped more than 12%, a day after the cybersecurity firm issued better-than-expected long-term guidance at its investor day.The company on Wednesday said it expects net new annual recurring revenues to grow at least 20% in 2027, ahead of analyst expectations. CrowdStrike plans for ARR to hit 10billionby2031andthendoubleto10 billion by 2031 and then double to 20 billion by 2036.Earlier this week, the firm said it was buying AI security platform Pangea ...