Crowdstrike POPS 13% on the uplifting long -term manual on investor day

Crowdstrike The shares jumped about 13%, a day after the day of the investor, the cybersecurity firm has released higher than expected long -term recommendations.

On Wednesday, the company said it expected the new annual repetitive revenues to grow at least 20% in 2027, ahead of analysts’ expectations. Crowdstrike plans to reach $ 10 billion by 2031 and then double to $ 20 billion by 2036.

Earlier this week, the firm stated that the AI ​​security platform was buying Pangeo and announced Partnership with Salesforce.

“Crowdstrike is definitely the most advanced security platform in the field, and many AI-based decisions will be even more than more to separate Crowdstrike from the competition,” Wells Fargo analyst Andrew Novinski wrote in the note after the event.

Some firms on Wall -Rate also raised their price targets.

This year, cybersecurity took up the central scene when enterprises increase safety in an era of artificial intelligence. Many companies used AI tools to strengthen their offer as the threat increases.

This year The biggest technological deals included Google’s acquisition at 32 billion dollars Israeli Start Wiz Cybersecurity and 25 billion dollars Palo Alto Networks Cyberk Deal.

Cybersecurity firm Netskope Click on the public market Thursday, while Tom Bravo supported Sail He made his debut earlier this year.

During his recent income report, Crowdstrike’s income management did not meet the analysts’ expectations.