Dan Ives Wants You to Buy the Dip in CrowdStrike Stock: ‘Cybersecurity Budgets’ Will Double

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Wedbush analyst Dan Ives is firmly in the latter camp, arguing that the market is missing the bigger picture as fears around artificial intelligence (AI) disruption and broader tech weakness weigh on sentiment.Ives believes much of the negative news is already priced into cybersecurity stocks, even as the fundamental backdrop continues to strengthen. In his view, the rapid rise of AI-driven threats is not a headwind but a powerful catalyst, with enterprise demand for protection accelerating sharply.Stock Index Futures Rally on Prospect of End to Middle East Conflict, U.S. Economic Data and Fed Speak in FocusIgnore the Panic and Buy the Dip in Micron Stock, Says Bank of AmericaStocks Climb on Hopes for an End to Iran WarStop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!He remains bullish on the AI-driven capex projected at $4 trillion and sees current weakness as a temporary “speed bump,” not a trend reversal. While macro risks could impact spending if prolonged, he highlights cybersecurity as a major opportunity, expecting budgets to double.As Ives sees CrowdStrike as a prime beneficiary and an opportunity in recognizing that cybersecurity remains mission-critical, should you buy the dip?CrowdStrike is a leading cybersecurity technology company specializing in cloud-native endpoint protection, threat intelligence, and cyberattack response solutions through its subscription-based Falcon platform. Headquartered in Austin, Texas, the firm serves a global customer base with advanced tools designed to prevent breaches and secure cloud workloads, identities, and data in real time. The company commands a market cap of around $96.4 billion, reflecting its stature in the technology sector.Shares of CrowdStrike have delivered moderate gains over the past year, rising 9.32% on a 52-week basis, reflecting sustained demand for cybersecurity solutions and the company’s leadership in endpoint protection. Its longer-term strength has been overshadowed by recent volatility.Year-to-date (YTD), the stock is down 16.7%, as elevated expectations around AI, macro uncertainty, and sector-wide multiple compression have pressured high-growth technology names. The pullback has been particularly pronounced in recent sessions, with CrowdStrike declining marginally over the past five trading days, highlighting a possible shift in near-term sentiment.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersTSLA Tesla, Inc. 360.59 -20.67 (-5.42%)BTC-USD Bitcoin USD 66,541.77 -698.57 (-1.04%)SKYQ Sky Quarry Inc. 5.10 +2.57 (+101.58%)SIDU Sidus Space, Inc. 3.0900 +0.9900 (+47.14%)AAOI Applied Optoelectronics, Inc. 103.91 +17.56 (+20.34%)PortfolioSign in to access your portfolioSign inTop gainersAAOI Applied Optoelectronics, Inc. 103.91 +17.56 (+20.34%)SBAC SBA Communications Corporation 204.04 +32.48 (+18.93%)YSS York Space Systems, Inc. 28.03 +4.43 (+18.77%)VSAT Viasat, Inc. 53.69 +8.46 (+18.70%)LUNR Intuitive Machines, Inc. 23.99 +3.75 (+18.53%)Top losersKNF Knife River Corporation 73.91 -8.20 (-9.99%)WIX Wix.com Ltd. 81.95 -8.55 (-9.45%)PBH Prestige Consumer Healthcare Inc. 52.48 -5.20 (-9.02%)ENPH Enphase Energy, Inc. 34.92 -3.36 (-8.78%)RGC Regencell Bioscience Holdings Limited 30.80 -2.92 (-8.66%)Most activeNVDA NVIDIA Corporation 177.39 +1.64 (+0.93%)INTC Intel Corporation 50.38 +2.35 (+4.89%)NOK Nokia Oyj 8.82 +0.55 (+6.65%)PLUG Plug Power Inc. 2.4100 +0.1600 (+7.11%)TSLA Tesla, Inc. 360.59 -20.67 (-5.42%)Top economic eventsEarnings eventsMy earnings eventsEarnings events