CrowdStrike (CRWD) Stock: Hits New High After “Best Quarter in CrowdStrike’s History”

TLDR

• CRWD jumped 20% after Q2 results, closing at $227.96 and hitting a new 52-week high of $229.08
• Non-GAAP EPS of $0.31 beat estimates by $0.02; revenue of $1.47B rose 26% year-over-year
• Net new ARR hit a record $333 million, up 51% year-over-year, with ending ARR at $5.84B
• Full-year FY2027 revenue guidance raised to $5.99B-$6.01B; Q3 revenue guided to $1.523B-$1.529B
• Stock pulled back over 6% the following morning as valuation concerns resurfaced at 40x price-to-sales

CrowdStrike posted what CEO George Kurtz called “the best quarter in CrowdStrike’s history” on August 26, sending CRWD up 20% to close at $227.96 the following day.

CrowdStrike Holdings, Inc., CRWD

The stock hit a fresh 52-week high of $229.08 intraday, with volume coming in at roughly 23.3 million, nearly three times the one-month average.

Non-GAAP EPS came in at $0.31, beating the $0.29 consensus by $0.02. Revenue reached $1.47 billion, up 25.6% year-over-year and $30 million ahead of estimates.

Subscription revenue rose 27% to $1.40 billion. Professional services revenue hit a record $71 million.

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