{"id":263936,"date":"2026-06-04T07:47:00","date_gmt":"2026-06-04T11:47:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/04\/crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push\/"},"modified":"2026-06-04T09:25:29","modified_gmt":"2026-06-04T13:25:29","slug":"crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/04\/crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push\/","title":{"rendered":"CrowdStrike drops as revenue growth fails to impress investors despite AI push"},"content":{"rendered":"<p><a href=\"https:\/\/kelo.com\/2026\/06\/04\/crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push\/\">CrowdStrike drops as revenue growth fails to impress investors despite AI push<\/a><\/p>\n<p><a href=\"https:\/\/kelo.com\/2026\/06\/04\/crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push\/\">https:\/\/kelo.com\/2026\/06\/04\/crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-04 07:47:00<\/a><\/p>\n<p>Source Domain: <a href=\"kelo.com\">kelo.com<\/a><\/p>\n<p>June 4 (Reuters) \u2013 CrowdStrike shares slid 11% in Thursday\u2019s premarket trading after the cybersecurity firm\u2019s annual recurring revenue (ARR) growth failed to impress investors expecting a \u200bboost from AI investments.<\/p>\n<p>The stock had rallied 60% \u200cin May.<\/p>\n<p>CrowdStrike\u2019s ARR grew 22% year-over-year to $4.44 billion, of which $193.8 million of net new ARR was added in the first quarter.<\/p>\n<p>Morgan Stanley analysts said the sell-off was due to \u201crelatively skinnier net new \u200cARR \u200bbeat this quarter and elevated expectations \u2060following the stock\u2019s 60% \u2060move over the last month.\u201d<\/p>\n<p>Cybersecurity providers such as Crowdstrike and Palo Alto have benefited from enterprises\u2019 increased spending on AI-driven cybersecurity products, even as fears of AI \u200bdisruption to the wider software industry lingers.<\/p>\n<p>Shares of Palo Alto fell nearly 3%.<\/p>\n<p>CrowdStrike has leant heavily into \u2060AI, launching new offerings such as \u2060Falcon Data Security and Charlotte AI AgentWorks \u200bEcosystem, a no-code platform developed with AWS, Nvidia, and OpenAI.<\/p>\n<p>The \u200bfirm\u2019s heavy AI investments reflected in higher quarterly \u200ctotal operating expenses, which jumped 15% to $1.07 billion, compared with $934.3 million a year earlier.<\/p>\n<p>In contrast, Palo Alto raised its annual profit forecast earlier this week on strong cybersecurity \u2060demand.<\/p>\n<p>Despite the short-term blip, analysts were optimistic about CrowdStrike\u2019s long-term growth.<\/p>\n<p>\u201cWhile near-term expectations may have been a bit elevated following the \u2060recent rally, we \u200ccontinue to see room for further \u2060multiple expansion\u2026 as investors gain confidence in \u200bthe durability \u200cof accelerating ARR growth through FY27,\u201d Morgan \u200bStanley added.<\/p>\n<p>CrowdStrike \u2060currently trades at 137.81 times its estimated earnings for the next 12 months, compared with 68.91 times for Palo Alto and 31.03 times for Okta, according to LSEG data.<\/p>\n<p>(Reporting by Akriti Shah and Siddarth S in Bengaluru; Editing \u200bby Joyjeet Das)<\/p>\n<p><a href=\"https:\/\/kelo.com\/2026\/06\/04\/crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CrowdStrike drops as revenue growth fails to impress investors despite AI push https:\/\/kelo.com\/2026\/06\/04\/crowdstrike-drops-as-revenue-growth-fails-to-impress-investors-despite-ai-push\/ Publish Date:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":263937,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/storage.googleapis.com\/media.mwcradio.com\/mimesis\/2026-06\/04\/2026-06-04T094917Z_1_LYNXMPEM530MG_RTROPTP_3_CROWDSTRIKE-HLDG-STOCKS.JPG","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[20,28,57],"class_list":["post-263936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-artificial-intelligence","tag-data-security","tag-security"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/263936"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=263936"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/263936\/revisions"}],"predecessor-version":[{"id":263938,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/263936\/revisions\/263938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/263937"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=263936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=263936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=263936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}