from24/7 Wall St.
55 minutes agoCrowdStrike up 10% with Several Price Target Upgrades
All after it set a strong goal of reaching $20 billion in annual recurring revenue (ARR) by fiscal year 2036 at its recent Fal.Con 2025 conference. Even better, it also provided financial targets for fiscal year 2027, which included over 20% net new ARR growth and an operating margin of 24% or more. It also announced major artificial intelligence enhancements to its Falcon platform, including a powerful AI-ready data layer, no-code agent building, AI agent collaboration, and a new AI-era user experience.
Artificial intelligence