After markets close Tuesday, CrowdStrike (CRWD) is scheduled to report results for its fiscal 2025 third quarter, the cybersecurity company’s first full period since its faulty July software update led to a global Microsoft (MSFT) Windows outage with wide-ranging impacts.
The cybersecurity company, which serves some of the biggest tech companies and their cloud computing platforms like Microsoft Azure, pushed an update in July that caused issues with Windows around the world.
Even though 25 of the 27 analysts tracked by Visible Alpha rate CrowdStrike as a “buy,” with one “hold” and “sell” rating apiece, the stock’s average target price is $336.85, roughly 7% below its level Monday afternoon. The stock has recovered the ground it lost in the days following the summer outage—including a 22% rally 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 $983.0 million in revenuefor the third quarter, …