CrowdStrike Holdings, Inc. (CRWD) is about to show its cards. The cybersecurity company will release third-quarter earnings results after the closing bell on Tuesday, December 2, and Wall Street's sharpest analysts have been busy adjusting their forecasts in the runup.
The Austin, Texas-based company is expected to report quarterly earnings of 94 cents per share, up from 93 cents in the same period last year. Analysts are projecting revenue of $1.22 billion for the quarter, compared to $1.01 billion a year earlier. That's a pretty solid year-over-year jump of more than 20%.
CrowdStrike hasn't been sitting idle heading into earnings season. On November 12, the company announced a new strategic alliance with F5 Inc. (FFIV). The partnership integrates CrowdStrike's Falcon Sensor and OverWatch Threat Hunting capabilities directly into F5's BIG-IP platform, expanding the reach of its security technology.
CrowdStrike shares closed at $509.16 on Friday, up 1.5% for the session.
What the Most Accurate Analysts Are Saying
Several of Wall Street's top-performing analysts have weighed in recently with updated price targets, and the outlook is decidedly bullish. Here's what the analysts with the best track records have been saying:
Oppenheimer analyst Ittai Kidron maintained an Outperform rating on November 21, 2025, while bumping his price target from $560 to $580. Kidron has a 71% accuracy rate.
Stifel analyst Adam Borg kept his Buy rating and raised his target from $551 to $600 on November 17, 2025. Borg boasts a 76% accuracy rate.
Baird analyst Shrenik Kothari stuck with a Neutral rating but still increased his price target from $490 to $550 on November 14, 2025. Kothari has a 72% accuracy rate.
Barclays analyst Saket Kalia maintained an Overweight rating and boosted his target from $515 to $610 on November 14, 2025. Kalia's accuracy rate stands at 76%.
Morgan Stanley analyst Keith Weiss maintained an Equal-Weight rating while raising his price target from $475 to $515 on November 13, 2025. Weiss has a 73% accuracy rate.
The cluster of upward revisions in mid-November suggests analysts are feeling increasingly confident about CrowdStrike's position heading into the earnings call. Even the more cautious voices on the list are raising their targets, which tells you something about the overall sentiment around the stock right now.
