Crowdstrike Holdings Stock Price, News & Analysis

CrowdStrike has released the 2021 Global Threat Report, revealing critical insights into the cybersecurity landscape, including the rise of supply chain attacks, ransomware, and nation-state threats. The report highlights that eCrime attacks accounted for 79% of all intrusions. Key findings include a projected increase in attacks on the healthcare sector and a focus by China on supply chain compromises. CrowdStrike has also introduced an eCrime index to capture the evolving cybercriminal market.

CrowdStrike (Nasdaq: CRWD) has announced its acquisition of Humio for approximately $400 million, aimed at enhancing its eXtended Detection and Response (XDR) capabilities. The acquisition is expected to close in CrowdStrike's fiscal first quarter, pending customary conditions. This move will allow CrowdStrike to integrate Humio’s advanced log management technology, enabling deeper analytics and real-time protection. It highlights CrowdStrike's commitment to providing comprehensive security solutions by improving data ingestion and operational efficiency.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) will release its financial results for the fourth quarter and fiscal year 2021, ending January 31, 2021, after U.S. market close on March 16, 2021. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss these results. Investors can access the financial results press release and listen to the call live via the CrowdStrike website. A telephonic replay will be available until March 23, 2021, and an audio webcast will be accessible for one year.

CrowdStrike Holdings has priced an offering of $750 million in senior notes due 2029. The offering, expected to close on January 20, 2021, will yield approximately $740.6 million net proceeds for general corporate purposes, including acquisitions and capital expenditures. The notes carry a semi-annual interest rate of 3.000% and are guaranteed by CrowdStrike's subsidiaries. J.P. Morgan and other major banks are the lead bookrunners. The press release includes forward-looking statements subject to risks and uncertainties, including market conditions.

CrowdStrike (Nasdaq: CRWD) plans to offer $750 million in senior notes due 2029, registered under the Securities Act of 1933. The offering will be backed by a subsidiary and will rank equally with existing senior debt. Proceeds are intended for general corporate purposes, including acquisitions and capital expenditures. The offering is managed by J.P. Morgan, Barclays, BofA Securities, Citigroup, and Goldman Sachs as lead bookrunners. The offering will only be made via a prospectus supplement and registration statement filed with the SEC.

CrowdStrike Holdings (Nasdaq: CRWD) announced its participation in two upcoming virtual investor conferences. The Goldman Sachs Technology and Internet Conference will take place on January 12, 2021, at 8:20 a.m. PST. This will be followed by the 23rd Annual Needham Virtual Growth Conference on January 14, 2021, at 9:30 a.m. PST. Both presentations will be available via webcast on their investor relations website.

CrowdStrike specializes in cloud-delivered endpoint and cloud workload protection, utilizing AI to defend against cyberattacks.

CrowdStrike has released its annual Cyber Front Lines Report, detailing insights from its global incident response teams in 2020. The report highlights the impact of remote work on cybersecurity, showing a rise in financially motivated attacks, with 81% involving ransomware. Notable findings include that 68% of organizations faced multiple intrusion attempts, and 40% of antivirus solutions failed to detect malware. The report emphasizes the need for continuous monitoring and response to enhance cybersecurity readiness.

CrowdStrike, a leader in cloud-based cybersecurity, announced its participation in the launch of Professional Services in AWS Marketplace. This allows AWS customers to purchase services such as cloud security assessments and penetration testing exercises to enhance their cloud security. As one of the first cybersecurity vendors in AWS Marketplace, CrowdStrike’s services offer actionable insights into vulnerabilities and security configurations. The offerings include Cloud Security Assessment, IT Hygiene Assessment, and Red Team/Blue Team Exercises, aimed at improving security during digital transformation.