What Analysts Think of CrowdStrike Stock Ahead of Earnings | Global News Avenue

After the close on Tuesday, CrowdStrike (Add, delete, modify and check) plans to report results for the third quarter of fiscal 2025, the cybersecurity company’s first full quarter Since problems with software updates in July Leading to the global Microsoft (Microsoft Corporation) Windows outage has widespread impact.

The cybersecurity company provides services to some of the largest tech companies and their cloud computing platforms, such as Microsoft Azure, Push updates in July This is causing problems for Windows all over the world.

Although 25 of the 27 analysts tracked by Visible Alpha Rate CrowdStrike a Buy, with a “Hold” and “Sell” Ratings average of stocks target price At $336.85, it was about 7% below Monday afternoon levels. Stock has been restored its lost land Shares have risen 22% in the days since the summer blackout, including this month, but the average price target suggests analysts may be waiting for the company’s report to adjust their outlook.

Analysts expect CrowdStrike to report $983 million income Sales in the third quarter were $786 million, up from $786 million in the same period last year profit Just $1.3 million, down from $26.7 million. After deducting one-time charges, CrowdStrike expects to report Adjusted net profit $203.5 million, up from $199.2 million.

First full quarter since blackouts

The report will detail CrowdStrike’s first full quarter since July power outagea first look at the lasting impact the incident could have on the company’s customer base.

Morgan Stanley analysts said in a recent note that their research shows CrowdStrike bookings are expected to fall 15% year over year, better than the 37% decline other analysts had forecast. Morgan Stanley analysts said their research showed many new deals have been paused rather than canceled, and said they had not seen “material losses” in CrowdStrike’s customer base as discounts and package deals helped the company maintain some traction. momentum.

“The key difference in the current competitive environment is that customers are no longer ‘automatically’ selecting CrowdStrike as their next endpoint security vendor,” the analysts wrote, noting that it remains an option along with SentinelOne (S), Palo Alto Networks (Pan Wei), and Microsoft itself.

The company is still in Dueling proceedings Delta Air Lines (Dar), which suffer the greatest disturbance its operations Major airlines After a power outage. Delta Air Lines has announced a power outage It lost at least $500 million as thousands of flights were canceled, And CrowdStrike said Delta’s aging IT systems were a bigger problem than the updates that caused Windows outages.