NVIDIA CorporationNvidia highlights CrowdStrike as its most important security partner, indicating strong demand for AI security solutions.
CrowdStrike impressed analysts at its Fal.Con 2026 conference in Las Vegas by unveiling new AI-powered products, strategic partnerships, and fiscal year 2028 guidance that exceeded expectations. Shares rose 5% by noon Thursday. Jefferies analyst Joseph Gallo noted that CrowdStrike guided FY28 net new annual recurring revenue (NNARR) to grow over 20% year-over-year, versus consensus of 11%, implying 24.6% total ARR growth in FY28 compared to the consensus estimate of 22.8%. This guidance builds on the company's FY27 preliminary target of over 20% NNARR growth, which it has since raised by $220 million to 34% growth with two quarters remaining. Nvidia highlighted CrowdStrike as its most important security partner, and Susquehanna analyst Shyam Patil emphasized that AI agents trigger 2.5 times as many detections as humans, with registered CVEs reaching 7,400 in June, up 96% year-over-year. Jefferies maintains a Buy rating with a $240 price target, while Susquehanna has a Positive rating and a $265 target.
NVIDIA CorporationNvidia highlights CrowdStrike as its most important security partner, indicating strong demand for AI security solutions.
Intel Corporation
Crowdstrike Holdings IncGuides FY28 ARR growth above consensus, driven by AI product demand and strong NNARR growth.
Jefferies Financial Group Inc