CrowdStrike CEO notes that AI agents can behave unexpectedly while the company continues to acquire additional cybersecurity startups

CrowdStrike Accelerates Growth with Major Acquisitions

CrowdStrike (CRWD) has kicked off the year with a series of bold moves. On Monday, the cybersecurity leader revealed its intention to acquire Seraphic Security, a company specializing in browser runtime protection, for a reported $420 million.

This announcement comes on the heels of last week's $740 million acquisition of SGNL, a cybersecurity startup. The integration of SGNL is expected to enhance CrowdStrike’s flagship Falcon platform, providing users with advanced tools to manage identity access for both humans and AI, as well as other security challenges.

These strategic purchases position CrowdStrike to better address emerging threats as artificial intelligence becomes increasingly embedded in business operations.

“By bringing these assets together with Falcon Shield and our previous acquisitions, we’re building a next-generation identity platform,” said CrowdStrike founder and CEO George Kurtz in an exclusive interview.

Earlier in 2025, CrowdStrike also acquired Pangea, an AI agent security platform, for $260 million, and data-focused startup Onum for $290 million.

“The risk with some AI agents is comparable to handing over the keys to an unpredictable intern—you never know what might happen,” Kurtz remarked.

Strong Financial Performance

As businesses increasingly prioritize threat defense, CrowdStrike is already seeing positive results. In the third quarter, the company reported a 22% year-over-year increase in revenue, reaching $1.23 billion. Annual recurring revenue climbed 23% to $4.92 billion, while non-GAAP operating income hit a record $264.6 million.

Looking ahead, CrowdStrike projects current quarter sales between $1.29 billion and $1.3 billion, with expected earnings per share ranging from $1.09 to $1.11. Analysts anticipate results at the higher end of these forecasts.

Market Outperformance and Analyst Outlook

Over the past year, CrowdStrike shares have surged 37%, outpacing the Nasdaq Composite’s 23% gain.

“CrowdStrike stands out as a key platform provider with multiple growth drivers that should support strong revenue expansion and rising profitability in the years ahead. We continue to recommend buying,” wrote Stifel analyst Adam Borg, who has set a $600 price target for the stock.