Crowdstrike Holdings Stock Price, News & Analysis

CrowdStrike (NASDAQ: CRWD) has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Endpoint Protection Platforms for the third consecutive time. This acknowledgment highlights CrowdStrike's continued dominance in the cybersecurity market, driven by its innovative Falcon platform that encompasses endpoints, cloud security, identity protection, and data protection. With over 21,000 customers, CrowdStrike's pioneering work in Endpoint Detection and Response (EDR) is now expanding into eXtended Detection and Response (XDR), enhancing threat detection across various domains.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) will present at the Morgan Stanley Technology, Media & Telecom Conference on March 9, 2023, at 9:10 a.m. PST in San Francisco. CEO George Kurtz and CFO Burt Podbere will lead the presentation, which will be available as a live webcast on CrowdStrike's investor relations website. CrowdStrike is a leading cybersecurity provider, offering cloud-based protection for endpoints, cloud workloads, and identities through its advanced Falcon® platform. The platform enhances security with rapid deployment and superior performance, ensuring efficient protection across various markets.

CrowdStrike (CRWD) has released its 2023 Global Threat Report, highlighting significant trends in cybersecurity threats. The report identifies a 71% increase in malware-free attacks and notes a 112% rise in access broker ads on the dark web. Notably, cloud exploitation incidents surged 95%, with 'cloud-conscious' threat actors tripling in number.

Additionally, 33 new adversaries were identified, marking the highest increase in a year. The average breakout time for eCrime actors is now 84 minutes, down from 98 minutes in 2021. The report underscores escalating risks, particularly from China and eCrime groups.

CrowdStrike (NASDAQ: CRWD) has been recognized as the leader in the endpoint security market by IDC, marking the third consecutive year it secured the top position in their Worldwide Modern Endpoint Security Market Shares report. The report highlighted CrowdStrike's significant increases in endpoint revenue and market share compared to 25 other vendors. Additionally, the company received the 2023 SE Labs Award for Best EDR for the third time, showcasing its commitment to innovation in cybersecurity solutions. With over 21,000 customers relying on its Falcon platform, CrowdStrike aims to streamline security operations in a growing threat landscape.

CrowdStrike (NASDAQ: CRWD) launched its first commercial during the Big Game, targeting over 100 million viewers with their Protection That Powers You campaign. The ad highlights the importance of cybersecurity in the face of escalating cyber threats. CrowdStrike, known for its innovative cybersecurity solutions, reported an impressive $2.3 billion in annual recurring revenue (ARR) as of October 2022, serving over 20,000 customers globally, including numerous Fortune 500 companies. The 30-second spot was produced in collaboration with leading media firms and aims to reinforce the company's mission to stop breaches and secure digital landscapes.

CrowdStrike (Nasdaq: CRWD) has promoted Michael Sentonas to president, previously serving as CTO since 2020. He will lead product and go-to-market functions to enhance growth, aligning sales, marketing, and engineering teams. This move aims to consolidate customer cybersecurity needs through a robust platform encompassing XDR, cloud security, and identity protection. Sentonas emphasizes the company's promise to redefine cybersecurity, leveraging a lightweight, cloud-native architecture for optimal performance. He reports to co-founder and CEO George Kurtz, underscoring a commitment to scaling CrowdStrike’s operations further.

CrowdStrike Holdings (CRWD) will release its financial results for Q4 and fiscal year 2023, ending January 31, 2023, on March 7, 2023, post-market close. A conference call will follow at 2:00 PM PT (5:00 PM ET) to discuss the results. Investors can pre-register for the call and access a live webcast on the CrowdStrike investor relations website. The company is recognized as a global cybersecurity leader, delivering cloud-based protection for endpoints and data. The CrowdStrike Falcon platform leverages AI technology to enhance security performance through rapid deployment.

CrowdStrike (Nasdaq: CRWD), a leader in cloud-delivered cybersecurity, has appointed Johanna Flower to its board of directors. Flower brings extensive expertise in cybersecurity and governance, having previously served as CrowdStrike's first chief marketing officer and played a crucial role in its 2019 IPO. Her experience on other boards, including Freshworks (Nasdaq: FRSH) and ForgeRock (NYSE: FORG), is expected to benefit CrowdStrike's continuous growth as a market leader. CEO George Kurtz highlighted her deep understanding of the company and its evolving needs.

CrowdStrike (Nasdaq: CRWD) announced key executive appointments to bolster its go-to-market and product strategies. Daniel Bernard is named Chief Business Officer, focusing on revenue growth within the channel and small-to-medium business (SMB) segments. Raj Rajamani will serve as Chief Product Officer for DICE, enhancing product strategy across CrowdStrike's platform. Both executives join from SentinelOne, bringing significant experience in high-growth SaaS and cybersecurity industries. CEO George Kurtz emphasized their roles will drive continued growth and innovation.