Cybersecurity software companies' stock prices rose on Thursday after CrowdStrike and Okta announced optimistic sales targets. The impressive performance expectations indicate that the industry continues to benefit from market demand driven by artificial intelligence. CrowdStrike's stock price surged 19% on Thursday, the biggest intraday increase since March 2024; Okta raised its full-year revenue guidance. This is the second increase, and the disclosed subscription orders to be executed were better than expected, and the stock price surged 25%. Other individual stocks rose 13%, Rapid7 increased 13%, Palo Alto Networks rose 10%, Zscaler rose 9.4%, Tenable rose 10%, and Feita Information rose 4.4%. The Global X cybersecurity ETF surged 9.7%, the biggest increase since April 2025; the larger iShares extended tech software sector ETF rose 6.2%.

Cybersecurity software companies' stock prices rose on Thursday after CrowdStrike and Okta announced optimistic sales targets. The impressive performance expectations indicate that the industry continues to benefit from market demand driven by artificial intelligence. CrowdStrike's stock price surged 19% on Thursday, the biggest intraday increase since March 2024; Okta raised its full-year revenue guidance. This is the second increase, and the disclosed subscription orders to be executed were better than expected, and the stock price surged 25%. Other individual stocks rose 13%, Rapid7 increased 13%, Palo Alto Networks rose 10%, Zscaler rose 9.4%, Tenable rose 10%, and Feita Information rose 4.4%. The Global X cybersecurity ETF surged 9.7%, the biggest increase since April 2025; the larger iShares extended tech software sector ETF rose 6.2%.