Particle.news
Download on the App Store

CrowdStrike Shares Jump After Launch of Jet App for Channel Partners

The invitation-only tool promises faster deal cycles with instant partner payouts via mobile wallets.

Overview

  • CrowdStrike launched Jet for its channel partners, listing the app on the Apple App Store and Google Play, and the stock rose more than 6% to about $497.
  • Jet lets partners log sales opportunities in under 30 seconds, track deals in real time, and access support tools in one place.
  • The app includes CrowdCard, which turns partner earnings into cash that is available in Apple Wallet or Google Wallet for immediate use.
  • Access runs by invitation to existing partners, and the company has not disclosed partner counts or adoption targets.
  • Analysts lifted views in recent days, with Mizuho upgrading to Outperform with a $520 target and Cantor Fitzgerald raising its target to $550 while highlighting the Project QuiltWorks AI coalition.