CrowdStrike's co-founder and Chief Executive Officer, George Kurtz, delivered remarks at the Economic Club of New York on Thursday, October 23, 2025.
During the company's earnings conference call, CEO George Kurtz stated that the cybersecurity industry has reached an inflection point this quarter, driven by the rapid evolution of artificial intelligence technology, which is accelerating both offensive and defensive capabilities in cyberspace.
Kurtz noted that the latest large language models from Anthropic and OpenAI can identify and chain together software vulnerabilities at a pace far exceeding previous methods. The swift advancement of AI is compelling enterprises to adopt specialized cybersecurity solutions, and CrowdStrike is already participating in early access programs for the newest AI products from these two companies.
"The industry conversation has shifted from 'will AI disrupt cybersecurity' to a reality where various organizations, including cutting-edge AI labs, are relying on our Falcon platform as the foundational security layer for AI," Kurtz said. He also warned that increasingly powerful AI tools are lowering the barrier for malicious actors, effectively democratizing the destructive potential of cyberattacks.
Analysts at Wells Fargo commented that while the company's first-quarter performance was solid, the stock's surge of over 60% in the past month—compared to a 7% rise for the Nasdaq Composite Index—suggests current results may struggle to meet elevated investor expectations.
However, the analysts pointed out that the company's full-year guidance exceeded expectations, internal growth is accelerating, and management's thesis of an AI-driven industry inflection point lays the groundwork for the next phase of growth. Wells Fargo maintains an Overweight rating on the stock with a price target of $725.
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