CrowdStrike's stock rose 10% after its AI-focused event, as it raised long-term revenue goals and reported strong recurring revenue growth.

CrowdStrike's stock rose 10% after its three-day Fal.Con event in late September 2025, driven by investor enthusiasm for its AI-focused strategy and product showcases. The company extended its long-term guidance, raising its revenue target to $20 billion by fiscal year 2036, up from $10 billion by 2031. It also reported strong net new annual recurring revenue growth, exceeding 40% in the second half of fiscal year 2026, though analysts note this may reflect easier comparisons. Bernstein SocGen maintained a Market Perform rating and $343 price target, reflecting confidence in CrowdStrike’s expanding role in AI-powered cybersecurity.