1. CrowdStrike's stock surged nearly 60% in 2025, outperforming cybersecurity peers and the S&P 500; 2. Strong ARR growth, new product adoption, and positive EPS revisions signal continued financial momentum; 3. Despite a high valuation (over 100x FY 2027 EPS), bullish technical indicators suggest a potential $600 price target, though the author maintains a 'Hold' rating due to valuation concerns.