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CrowdStrike shares surged by 11.3% after the company reported strong results and forecasted second-quarter revenue above Wall Street expectations due to high demand for its cybersecurity technology. The company's last traded value was $340.26, and it has raised its full-year 2025 forecast to $3.98 billion to $4.01 billion. CrowdStrike has consistently beaten estimates for its adjusted earnings and revenue expectations. Analysts are positive about the company's growth potential and financial profile, with BofA Securities giving it a 'buy' rating and a $400 price target. Other analysts have also given positive ratings and price targets for the company. Rival companies like Palo Alto Networks and Zscaler also saw increases in their shares following strong demand for their cybersecurity products.
