Crowdstrike will report ‘solid beat,’ says Needham

Needham analyst Alex Henderson thinks Crowdstrike will report a “solid beat” given conservative guidance and estimates, a stabilizing demand environment, and the firm’s strong channel checks. Management will keep its guidance conservative, as conditions, while stable, remain pressured, the analyst tells investors in a research note. However, Needham thinks Crowdstrike’s position as one of the strongest platforms is amplified by all the discussion of artificial intelligence-driven attacks and AI-driven responses.