What was CrowdStrike's revenue in Q1 2027?

CrowdStrike's revenue was $1.2 billion, beating the consensus estimate of $1.15 billion.

Did CrowdStrike raise its annual guidance?

Yes, it raised full-year revenue guidance to $4.9 billion from $4.8 billion and adjusted EPS guidance to $3.95.

CrowdStrike Q1 Fiscal 2027 Beats Estimates, Raises Full-Year Guidance

Q: Why did CrowdStrike stock fall despite strong results?

The stock fell 5.4%, possibly due to profit-taking after recent gains or valuation concerns.

CrowdStrike (CRWD) reported Q1 fiscal 2027 results that beat Wall Street estimates across the board and raised its full-year outlook. Despite the positive news, shares fell about 5.4% on Thursday. Wedbush maintained its outperform rating and raised the price target.

CrowdStrike Holdings Inc (NASDAQ:CRWD) reported first-quarter fiscal 2027 results that exceeded analyst expectations on revenue and earnings, and raised its full-year guidance. Despite the strong results, shares fell 5.4% in Thursday trading.

Key Financial Results

Metric	Q1 2027	Consensus
Revenue	$1.2 billion	$1.15 billion
EPS	$0.95	$0.89
Net Income	$220 million	$200 million

Highlights from the Release

CEO George Kurtz said: "We are pleased with our Q1 performance, reflecting strong demand for our unified cybersecurity platform." The company added new customers and saw increased annual recurring revenue.

Guidance

CrowdStrike raised its full-year fiscal 2027 revenue guidance to $4.9 billion, up from $4.8 billion previously. It also raised adjusted EPS guidance to $3.95.

Stock Impact

Despite the beat, the stock declined 5.4%, possibly due to profit-taking after recent gains or valuation concerns. Wedbush maintained its outperform rating and raised its price target to $450.

What This Means for Investors

The results underscore CrowdStrike's strong business momentum in the growing cybersecurity market. The guidance raise boosts confidence in the company's growth trajectory. However, the stock's high valuation may limit near-term upside.