CrowdStrike CEO says AI agents are unpredictable as company snaps up more cybersecurity startups

CrowdStrike (CRWD) is wasting nary clip to onslaught this year.

On Monday, the cybersecurity steadfast announced an statement to acquisition Seraphic Security, a browser runtime information provider. The woody reportedly outgo CrowdStrike $420 million.

This follows past week's $740 cardinal acquisition of cybersecurity startup SGNL. The woody is slated to assistance users of its trademark Falcon information level amended negociate quality and AI individuality entree requests and different risks.

Both deals laic the groundwork for CrowdStrike being amended prepared to negociate caller cybersecurity risks arsenic AI agents permeate firm workflows.

"The thought [is] ... combining these assets on with Falcon Shield and immoderate of the different acquisitions that we've done successful the past gives america truly a next-gen individuality platform," CrowdStrike laminitis and CEO George Kurtz told maine successful an exclusive interrogation connected Yahoo Finance's Opening Bid (video above).

In 2025, CrowdStrike acquired AI agentic information level Pangea ($260 million) and information startup Onum ($290 million).

"The situation that you person with immoderate of these AI agents, it's similar giving afloat entree to a drunken intern. I mean, who knows what they're going to do?" Kurtz explained.

The concern is already opening to payment from corporations going all-in connected menace protection.

CrowdStrike had a coagulated 3rd quarter. Sales roseate 22% from the anterior twelvemonth to $1.23 billion. Annual recurring gross (ARR) improved 23% from the anterior twelvemonth to $4.92 billion. Non-GAAP operating income deed a grounds $264.6 million.

For the existent quarter, CrowdStrike said it sees income successful a scope of $1.29 cardinal to $1.3 billion. Earnings per stock are pegged astatine $1.09 to $1.11. Yahoo Finance information shows analysts are expecting CrowdStrike to present toward the precocious extremity of its top- and bottom-line outlooks.

Shares person gained 37% successful the past year, outperforming the Nasdaq Composite's (^IXIC) 23% advance.

"CrowdStrike is an important level vendor with a fig of drivers to prolong astatine slightest high-teens top-line maturation and improving profitability successful coming years and stay buyers," Stifel expert Adam Borg wrote successful a note.

Borg rates CrowdStrike a Buy with a $600 terms target.

Brian Sozzi is Yahoo Finance's Executive Editor and a subordinate of Yahoo Finance's editorial enactment team. Follow Sozzi connected X @BrianSozzi, Instagram, and LinkedIn. Tips connected stories? Email [email protected].

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