F1Q27 Preview: Well Positioned to Benefit Disproportionately from Securing AI

Research evidence excerpt

F1Q27 Preview: Well Positioned to Benefit Disproportionately from Securing AI

Software: Cybersecurity & Information Security

CrowdStrike Holdings

TD SECURITIES (USA) LLC EARNINGS UPDATE

May 19, 2026

Price: $618.83 (05/18/2026) F1Q27 Preview: Well Positioned to Benefit

Price Target: $625.00 (Prior $480.00) Disproportionately from Securing AI

BUY (1)

ESG SCORE: 56/100

Shaul Eyal THE TD COWEN INSIGHT

646 562 1414

For F1Q27 (due on June 3 AMC), we est an in-line ARR of $5,503M (+24% y/y) and NNARR up

shaul.eyal@tdsecurities.com

29% y/y. As the category-leading vendor of endpoint protection to secure AI workflows, we see

Hugh Cunningham, CFA, CAIA CRWD as very well positioned to benefit disproportionately from rising global cybersecurity

646 562 1370 budgets as automated threat detection and response becomes a foundational survival

hugh.cunningham@tdsecurities.com

equipment. Reit Buy, $625 PT (prior $480).

Michael Junghans

646 562 1427 'Securing AI' Remains Significant Tailwind for Endpoint Protection: One of the main

michael.junghans@tdsecurities.com takeaways from our recently hosted live webinar with AI-native cybersecurity startup Artemis

Key Data Security (here) is the expectation by industry practitioners that automated threat detection

Symbol NASDAQ: CRWD and response is becoming a foundational survival equipment in the agentic AI era. While

Beta: 1.06 the demand for AI security is a potential secular tailwind that may boost overall spend

52-Week Range: $618.83-$350.25 on cybersecurity products, endpoint protection and specifically cutting-edge EDR & XDR

software that autonomously detects and mitigates agent technology operated zero-dayMarket Cap: $157.5B

attacks should disproportionately benefit because agentic AI dramatically reduces both the