Shares of leading cloud-based cybersecurity juggernaut (NASDAQ: CRWD) are up 10% Thursday as of noon ET, according to data provided by S&P Global Market Intelligence.

CrowdStrike is holding its three-day Fal.Con keynote this week and has the market buzzing with optimism.

The key figure that may have stolen the show was updated guidance for net new annual recurring revenue (ARR) to accelerate to at least 20% in 2027 -- above the 17% expected this year.

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Source Fool.com