What to Expect From CrowdStrike’s Upcoming Q1 Earnings?
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/CRWD'>CrowdStrike Holdings, Inc. (NASDAQ:CRWD)</a> ahead of the upcoming Q1/24 earnings results, scheduled to be announced tomorrow.</p>
<p>Following company-specific checks, the analysts look for slight outperformance with Q1 results and a slight upside to full 2024 year guidance that likely works higher through the year.</p>
<p>According to the analysts, they will be focused on ARR vs. Street estimate at $2.711 billion, up 41% year-over-year vs. up 48% in Q4/23. Similar to Palo Alto Networks, the analysts believe CrowdStrike is in a good position to consolidate customer spend as they think the big get bigger with cyber-security. The analysts raised their price target on the company to $180 from $170, while reiterating their Outperform rating.</p>

NASDAQ:CRWD