"The cybersecurity company CrowdStrike Holdings Inc. ( NASDAQ: CRWD) recently reported strong second-quarter results and announced ambitious long-term revenue goals: $10 billion in fiscal 2031 and $20 billion by 2036. CrowdStrike also unveiled a slew of product updates at Fal.Con 2025, and it aims to acquire Pangea to bolster its AI security capabilities. The share price is 16.9% higher than a month ago and up 41.5% year to date, outperforming the Nasdaq in both time frames. Since its initial public offering in June of 2019, the share price is over 608.9% higher. It hit an all-time high of $517.98 earlier in the summer."
"Investors are concerned with future stock performance over the next one, five, or 10 years. While most Wall Street analysts will calculate 12-month forward projections, it is clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall St. aims to present some further-looking insights based on CrowdStrike's own numbers, along with business and market development information that may be of help with your own research."
CrowdStrike reported strong second-quarter results and set aggressive long-term revenue targets of $10 billion by fiscal 2031 and $20 billion by 2036. The company showcased multiple product updates at Fal.Con 2025 and plans to acquire Pangea to strengthen AI security capabilities. Share performance has risen significantly, up 16.9% over the past month and 41.5% year to date, and more than 608.9% since its June 2019 IPO, peaking at $517.98 earlier in the summer. Market observers remain focused on one-, five-, and ten-year performance and on applying CrowdStrike’s metrics to forward-looking research.
Read at 24/7 Wall St.
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