$CRWD reported better-than-expected earnings for the second quarter, surpassing both top and bottom line estimates. However, the company lowered its guidance, citing specific reasons related to recent challenges, including the impact of a global tech outage in July. Despite the lowered guidance, analysts noted that the full-year revenue growth forecast of 27.5% exceeds previous estimates of just over 25%. The company also highlighted strong net new Annual Recurring Revenue (ARR) in the second quarter, with customer churn remaining minimal. Analysts from Wells Fargo and Cowen maintain positive outlooks, setting price targets at $350 and $380, respectively, while indicating that $CRWD is on a path to recovery and anticipates a topline re-acceleration by the second half of 2026.