CrowdStrike Holdings experienced a stock upgrade to ‘buy’ by BTIG analyst Gray Powell, who stated that the July 2024 global IT outage should now be considered a past issue. The stock saw a 3% increase, reaching $384.81, and has risen 12% this year. Powell anticipates a rebound in annual recurring revenue due to subscription service growth and commended CrowdStrike’s emergence as a leading platform in the security software space.