Famed Investor Calls CrowdStrike Holdings’ (CRWD) Quarterly Results “Unbelievable”

Describing IT security leader CrowdStrike Holdings, Inc. (CRWD) as “one of the top firms in technology,” renowned investor Josh Brown told CNBC that the company has posted “remarkable” financial figures for the latest quarter.

He pointed out that CrowdStrike Holdings, Inc. (CRWD), which has surged by 26% in 2025, is “among the top-performing stocks this year.”

Brown serves as the CEO at Ritholtz Wealth Management.


Brown Enthusiastic Over CRWD’s Q1 Performance

CRWD’s annual recurring revenue (ARR) jumped 23% in Q1 versus the same period a year earlier, Brown said. According to the investor, “ARR is “the only (metric) that matters (because) that’s how these stocks are valued.”

He mentioned that the company’s subscription income jumped by 31% compared to the previous year.


Brown Praises the Stock’s Performance

Brown pointed out that the shares have recovered much of the significant ground lost due to an IT disruption caused by CrowdStrike Holdings, Inc. (CRWD)’s software during the previous summer. Additionally, he mentioned that the stock price stood at 26% above its 200-day moving average midway through the day yesterday.

The investor, without mentioning the firm’s statement about cutting 5% of its staff, mentioned that he plans to keep his holdings in the company.

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Disclosure: No conflict of interest declared. The article was initially published on Insider Monkey.

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