CrowdStrike partners with Arrow for cybersecurity distribution

AUSTIN - In a move to bolster cybersecurity measures across North America, CrowdStrike Holdings, Inc. (NASDAQ: CRWD), a cybersecurity powerhouse with a market capitalization of $90 billion and impressive revenue growth of 29% over the last twelve months, has announced a distribution agreement with Arrow Electronics. The partnership aims to enhance security postures and streamline operations for Arrow’s channel partners in the U.S. and Canada by providing access to the CrowdStrike Falcon platform. According to InvestingPro analysis, CrowdStrike maintains strong liquidity with current assets exceeding short-term obligations.

This collaboration is set to expand CrowdStrike’s channel ecosystem, allowing Arrow’s network of resellers, cloud service providers (CSPs), managed service providers (MSPs), and managed security service providers (MSSPs) to utilize advanced AI-native cybersecurity technology. The Falcon platform is designed to help these partners consolidate systems and prevent breaches more effectively.

Arrow Electronics, a company with expertise in SIEM, cloud, and cybersecurity transformation services, plans to integrate solutions like Falcon Next-Gen SIEM and Falcon Cloud Security into its offerings. The ArrowSphere marketplace will facilitate the procurement and deployment of the Falcon platform for channel partners, promising a more streamlined management experience with flexible billing and easy integration.

Dan Danielli, Vice President of Global Distribution at CrowdStrike, expressed that expanding their channel ecosystem with Arrow supports CrowdStrike’s partner-first approach. Matt Brennan, Vice President of Supplier Management for Security and Modern Infrastructure at Arrow, highlighted the platform’s ability to unify data, security, and IT solutions for businesses, enhancing protection while reducing costs.

Channel partners have welcomed the agreement. Mike Strohl, CEO at e360, an enterprise IT services company and Arrow channel partner, noted the ease of integrating AI-native cybersecurity into their service offerings through the Falcon platform. Mark Jones, CEO at Blacklake Security, also acknowledged the benefits of delivering the Falcon platform to customers, aiding in the consolidation of tools and the transformation of cybersecurity practices.

CrowdStrike is recognized as a global leader in cybersecurity, with its cloud-native platform designed to protect endpoints, cloud workloads, identity, and data. The Falcon platform is built on the CrowdStrike Security Cloud and leverages AI, real-time indicators, and threat intelligence to provide accurate detections and automated protection. Based on InvestingPro’s comprehensive analysis, which includes over 30 key metrics and financial indicators available to subscribers, CrowdStrike appears overvalued at current levels despite maintaining a healthy balance sheet with moderate debt levels.

This partnership is expected to empower organizations of all sizes to navigate the evolving threat landscape more effectively and with greater efficiency.

The information for this article is based on a press release statement.

In other recent news, CrowdStrike Holdings reported a 25% year-over-year revenue increase, surpassing expectations and showcasing strong financial results. The company also exceeded forecasts with net new annual recurring revenue reaching $224 million. Despite these positive metrics, CrowdStrike is dealing with the aftermath of a faulty update, which may impact profitability. Analyst firms have adjusted their price targets for the company. Stifel lowered its target to $435, RBC Capital Markets reduced theirs to $460, and Bernstein SocGen Group cut it to $347, each maintaining a positive outlook with Buy or Outperform ratings.

TD Cowen reiterated a Buy rating with a $450 target, highlighting a 40% increase in total FY25 contract value. The company’s strategic initiatives, such as the termination of the Customer Commitment Program, are expected to drive future growth. Analysts from RBC and Truist Securities anticipate an acceleration in net new annual recurring revenue in the second half of fiscal year 2026. CrowdStrike’s outlook remains optimistic, with a focus on long-term growth and expanding its market presence.

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