CRWD CrowdStrike Holdings, Inc.

bullish · high conviction 0/2 calls correct ↓ $398.49 -3.75 (-0.9%)
Mkt Cap $108B 52wk $324.49 - $566.90 Earnings beating 3d ago
What We Found Primary source analysis others skip
SEC Filing Changes
HIGH
NEW items added

The 2026 filing adds a new section discussing the introduction of AI, especially generative AI, into products and operations. It covers risks including possible flawed or biased AI outputs, regulatory developments like the EU AI Act, brand and legal risks, and competition related to AI adoption, which was absent in the 2025 filing.

10-K · Filed 2026-03-05
MEDIUM
Language changes

The 2025 filing states significant costs and remediation efforts incurred from the July 19 Incident, with management dedicating resources to address it. The 2026 filing expands on this content describing continuing significant costs and expenses, current and potential future lawsuits, governmental inquiries and negative impacts on business and operations, indicating ongoing escalation of the incident's impact.

10-K · Filed 2026-03-05
MEDIUM
Language changes

The 2025 filing generally discusses risks of managing rapid growth and investments in various company functions. The 2026 filing adds specific headcount figures (e.g., 10,118 employees as of January 31, 2025 versus 7,273 employees as of January 31, 2023), explicit investments in organization growth, platform improvements, infrastructure and financial systems, highlighting increased scale and complexity.

10-K · Filed 2026-03-05
HIGH
New mentions of investigations, litigation, regulatory actions

While 2025 filing notes lawsuits and governmental inquiries regarding the incident, 2026 filing provides more details on types of lawsuits (including securities litigation, derivative actions, consumer class actions), expected future litigation costs, potential penalties such as injunctive relief and consent decrees, and ongoing impact on business operations.

10-K · Filed 2026-03-05
HIGH
Forward-Looking Statements

Current filing adds a caution about forward-looking statements with updated fiscal year references and highlights risk factors under Part I, Item 1A, consistent with prior but with updated fiscal years.

10-K · Filed 2026-03-05
MEDIUM
Risk Factors and Growth Opportunities

Current filing repeats prior risks but adds more nuanced discussion about the uncertainty of legacy product retention and cloud adoption, and emphasizes the scalability and flexibility enabling targeting of any sized organization.

10-K · Filed 2026-03-05
HIGH
New Risk Event - July 19 Incident

Both filings disclose the July 19 Incident causing system crashes on Windows systems and related legal proceedings, maintaining material risk disclosures.

10-K · Filed 2026-03-05
Insider selling: $28,107,442 sold by 11 insiders (30d)
Est. revisions: -0.1% (17 up, 18 down in 30d)
Factor Model & Position History (net -2.1)

Factor Model

net -2.1 6.1 / 10
Est. Revisions
-0.0
Insider Activity
+0.0
Momentum
-0.7
Analyst Rev.
-0.1
Narrative Gap
-0.5
Filing Risk
+7.0

CrowdStrike Surges on Anthropic AI Partnership

Watch: Monitor CrowdStrike's next earnings and AI integration updates to gauge continued growth amid evolving cyber threats.

Full analysis

CrowdStrike's stock jumped 6.2% after Anthropic launched Project Glasswing with its AI finding critical bugs in major systems, validating CrowdStrike's endpoint security importance. The company has a 97% retention rate, with 50% of clients subscribing to more than six modules. Despite a 30% drop from its high, its valuation remains around 21x sales amid a cybersecurity market set to double by 2030.

This partnership and AI-driven cybersecurity demand reinforce CrowdStrike's resilience and market leadership despite recent stock pressure and sector volatility.

Position history (3d) bull bear neutral
2026-03-19 2026-04-01

Evidence

Fundamentals & Data ▾
CrowdStrike Holdings, Inc. Technology · Software - Infrastructure
Mkt Cap
$108B
Beta
1.07
52w Range
$324.49 - $566.90
Short Interest
7.6M 3.08%
Days to Cover
1.5 +2%
Technicals downtrend
vs 20d MA
-0.9%
vs 50d MA
-1.8%
from 52w Hi
-28.5%
Vol (20d)
57%
1w return
-5.8%
1m return
-9.8%
3m return
-14.7%
Vol ratio
1.3x
Insiders
selling 0B / 6S
Analysts
bullish 2 up / 0 down
Earnings
beating 4B / 0M
EPS Estimate
$1.07 -0.1% 30d 17up / 18dn
Est. Dispersion
2% 44 analysts
Analyst Target
$490 $368 - $706
Options P/C
1.01
Insider Cluster
strong sell 0B / 9S
Fund Convergence
strong Citadel, D.E. Shaw, Two Sigma
Financials
Revenue
$1.3B +23% YoY
FCF
$378M
Gross Margin
76%
Op Margin
1%
Momentum: accelerating
Top Holders
Citadel $2.3B
D.E. Shaw $177M
Two Sigma $3M
Recent Filings & Data
insider trade 14
net selling · $28,107,442 sold
11 insiders · 14 transactions (30d)
Recent transactions
PODBERE BURT W. · other
FLOWER JOHANNA · award
KURTZ GEORGE ROBERT · sell · $13,145,098
PODBERE BURT W. · sell · $6,533,559
SENTONAS MICHAEL · sell · $7,960,999
SAHA ANURAG · sell · $467,786
O'LEARY DENIS J · award
DAVIS CARY J · award
SCHUMACHER LAURA J · award
GANDHI SAMEER K. · award
O'LEARY DENIS J · other
PODBERE BURT W. · award
Podbere Burt W. · other
Denis Oleary · other
filing change 7
HIGH NEW items added: Inclusion of detailed new risk factor about risks and complications related to incorporation and reliance on AI technolo...
full analysis

The 2026 filing adds a new section discussing the introduction of AI, especially generative AI, into products and operations. It covers risks including possible flawed or biased AI outputs, regulatory developments like the EU AI Act, brand and legal risks, and competition related to AI adoption, which was absent in the 2025 filing.

MEDIUM Language changes: Updated details on the July 19 Incident showing progression and increase in incurred costs and expanded legal and regula...
full analysis

The 2025 filing states significant costs and remediation efforts incurred from the July 19 Incident, with management dedicating resources to address it. The 2026 filing expands on this content describing continuing significant costs and expenses, current and potential future lawsuits, governmental inquiries and negative impacts on business and operations, indicating ongoing escalation of the incident's impact.

MEDIUM Language changes: Expanded and more detailed discussion of growth management risks including headcount and investments in 2026 filing.
full analysis

The 2025 filing generally discusses risks of managing rapid growth and investments in various company functions. The 2026 filing adds specific headcount figures (e.g., 10,118 employees as of January 31, 2025 versus 7,273 employees as of January 31, 2023), explicit investments in organization growth, platform improvements, infrastructure and financial systems, highlighting increased scale and complexity.

HIGH New mentions of investigations, litigation, regulatory actions: Expanded discussion of legal actions related to the July 19 Incident including lawsuits, governmental inquiries and pote...
full analysis

While 2025 filing notes lawsuits and governmental inquiries regarding the incident, 2026 filing provides more details on types of lawsuits (including securities litigation, derivative actions, consumer class actions), expected future litigation costs, potential penalties such as injunctive relief and consent decrees, and ongoing impact on business operations.

HIGH Forward-Looking Statements: Addition of expanded forward-looking statement risk disclosures with updates to fiscal year references.
full analysis

Current filing adds a caution about forward-looking statements with updated fiscal year references and highlights risk factors under Part I, Item 1A, consistent with prior but with updated fiscal years.

2 more
MEDIUM Inclusion of updated market adoption challenges and growth opportunities regarding cloud-based SaaS ...
HIGH Continued disclosure of the July 19, 2024 Falcon sensor configuration update incident and resulting ...
analyst rating 2
Wolfe Research up → Outperform 16d ago
Track Record (0/2 correct) ▾

Direction History

0/2 correct at 5 days
2026-03-27 bearish +7.8%
2026-03-09 bullish -2.4%
Transcript analysis coming soon
15 signals · latest 1d ago

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