CrowdStrike Stock Falls as Earnings Forecast Disappoints

CrowdStrike (

CRWD

) shares fell in extended trading Tuesday after the company issued an earnings forecast that fell short of analysts’ expectations.

The cybersecurity company said it anticipates adjusted net income of $851.2 million to $883 million or $3.33 to $3.45 per share in fiscal 2026, well below the analyst consensus of 1.1 billion, or $4.23 per share, compiled by Visible Alpha.

In the fourth quarter, CrowdStrike saw revenue grow 25% year-over-year to $1.06 billion, just above analysts’ estimates. Adjusted earnings of $260.9 million, or $1.03 per share, rose from $236.2 million, or 95 cents per share, a year earlier and beat expectations.

“As businesses of all sizes rapidly adopt AI, stopping the breach necessitates cybersecurity’s AI-native platform,” CEO George Kurtz said in a release, adding, “we are seeing strong momentum in our Next-Gen SIEM, Cloud Security, and Identity Protection businesses.”

CrowdStrike shares fell more than 6% in after-hours trading Tuesday following the release. They’ve gained about 14% since the start of the year through the closing bell, after hitting a record high last month.

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