Scotiabank has upgraded CrowdStrike Holdings Inc (CRWD) to a rating of Sector Outperform from Sector Perform as of September 24, 2025. This change indicates a more optimistic outlook on the company's prospects, suggesting enhanced fundamentals or improved business performance.
CrowdStrike, headquartered in Austin, Texas, specializes in cybersecurity products and services designed to prevent breaches. The company employs over 10,000 people and operates its Falcon platform, which consolidates cybersecurity measures across various sectors, including corporate endpoint and cloud workload security. The platform's software-as-a-service model offers 29 cloud modules that cater to multiple large markets.
Currently, CrowdStrike's market capitalization stands at $126.5 billion, with a trailing twelve-month EPS of -1.20. The company is set to report its upcoming earnings on June 1, 2026, with an estimated EPS of $1.07 and revenue of $1.4 billion. This follows a strong performance in its recent Q2 2026 earnings, where it reported an EPS of $0.93, exceeding estimates by 9.9%.
Analyst ratings serve as valuable insights based on extensive research and financial modeling. However, they are inherently speculative, reflecting assumptions that may not always materialize. Investors are encouraged to consider a variety of factors, including company fundamentals and market trends, when making decisions.
As analyst views can shift with new information, the recent upgrade by Scotiabank highlights a notable change in sentiment towards CrowdStrike's future.