CrowdStrike Holdings, Inc. (CRWD) earnings on June 3, 2026

After the market closes Q1 2026

More CrowdStrike Holdings, Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

CrowdStrike's stock pulled back after its earnings announcement, ending down over 3%. This move followed analyst expectations that the stock's recent gains had already accounted for good results.

CRWD price around the earnings

178.75

Change: -4.4%

2026-06-05, 00:00 UTC

Start of the measured window End of the measured window
165.23 173.38 181.52 189.67 186.90
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
June 3, 2026 June 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published

Overbought rally priced in; downside expected.

The stock has seen a massive rally, and experts believe its current price already reflects any positive surprises from upcoming earnings. Analyst price targets suggest the stock could fall significantly from its recent high.

Context analyzed before publication

Summary
Overbought rally priced in; the scenario is pessimistic.
Reasoning
The stock has seen a massive rally, and experts believe its current price already reflects any positive surprises from upcoming earnings. Analyst price targets cite a level significantly below the recent high.
Playbook
Given the extreme rally and analyst outlook, the scenario is pessimistic; the price is at a high level.
Trend
Negative trajectory indicates overbought rally priced in.

Analysts

Drivers

  • Analysts Negative

    Analyst opinions are mixed, with some downgrades and price target reductions suggesting a lack of strong conviction. The overall sentiment points to a pessimistic scenario.

Evidence

Analyst moves in the last 60 days
10
  • Strong buy: 11
  • Buy: 29
  • Hold: 11
  • Sell: 0
  • Strong sell: 1
Strong buy
11
Buy
29
Hold
11
Sell
0
Strong sell
1
  • June 2, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • June 2, 2026 · Baird: Maintains rating (Neutral → Neutral)
  • June 1, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
  • May 29, 2026 · Jefferies: Maintains rating (Buy → Buy)
  • May 27, 2026 · Benchmark: Maintains rating (Buy → Buy)
  • May 27, 2026 · Wedbush: Maintains rating (Outperform → Outperform)
  • May 26, 2026 · BTIG: Maintains rating (Buy → Buy)
  • May 21, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • May 20, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • May 20, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)

News and sentiment

Evidence

Sentiment
Sentiment
Cautious
Mention volume
Low
Normalized volume
33%
News
Sources (9)
  • CrowdStrike Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Price Target Ahead Of Earnings Call — Benzinga
  • Five Below, Broadcom And 3 Stocks To Watch Heading Into Wednesday — Benzinga
  • CrowdStrike Q1 Preview: Dan Ives Says AI Accelerates Companies' Need For Cybersecurity — Benzinga
  • CrowdStrike Stock Is Climbing After The Close: Here's Why — Benzinga
  • Cognizant And CrowdStrike Expand Strategic Alliance To Offer Deeper Security For AI Agents And Models — Benzinga
  • JP Morgan Maintains Overweight on CrowdStrike Holdings, Raises Price Target to $800 — Benzinga
  • AI Is Making Hackers Smarter — And Palo Alto And CrowdStrike Richer — Benzinga
  • CrowdStrike To Gain 7%? Here Are 10 Top Analyst Forecasts For Tuesday — Benzinga
  • Baird Maintains Neutral on CrowdStrike Holdings, Raises Price Target to $490 — Benzinga

Technicals

Drivers

  • Technical Negative

    Recent rapid price increases suggest the stock is overbought and approaching a resistance level. High volatility is also noted ahead of the earnings report.

Evidence

Average true range (ATR)
4.6%
Distance to 52-week high
-2.1%
14-day change (14d)
+40.8%
30-day change (30d)
+77.5%
30-day relative strength
+77.5%
Benchmark change (0d)
+0.0%
Nearest support
758.44
Nearest resistance
785.53
Volume accumulation ratio (14d / 46d)
2.3

Trends

Evidence

Average earnings surprise
-13.1%
  • March 3, 2026: actual EPS 1.12 vs estimate 1.1 (surprise +1.6%)
  • December 2, 2025: actual EPS 0.96 vs estimate 0.94 (surprise +2.0%)
  • August 27, 2025: actual EPS -0.31 vs estimate -0.19 (surprise -66.5%)
  • June 3, 2025: actual EPS 0.73 vs estimate 0.66 (surprise +10.6%)

Expected move

Drivers

  • Past earnings Neutral

    While the company often beats expectations, there have been significant misses in the past. This inconsistency raises questions about future performance.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
5.5%
75th percentile move
9.8%
90th percentile move
12.1%
Up / down moves
11 / 8
Average up move
+6.8%
Average down move
-6.2%

Monitoring and close

What CrowdStrike Holdings, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Accurate
Consolidated
-3.8%
Max favorable move (MFE)
11.7%
Max adverse move (MAE)
0.3%