CRWD vs PANW: CrowdStrike and Palo Alto Networks as AI Stocks

CrowdStrike (CRWD) and Palo Alto Networks (PANW) are both tracked in the Supercycle AI universe. PANW is the larger company at $321.72B versus $268.77B, and CRWD carries the higher AI Exposure Score (40 vs 35, Growing tier), meaning its business depends more directly on AI demand.

Market data as of the close on . Prices are end of day, not live.

Side by side

CRWD and PANW compared on price, size, performance, valuation, and AI exposure
MetricCRWDPANW
Price$262.49$393.30
Market cap$268.77B$321.72B
24h change+5.27%+5.79%
7d change+8.25%+4.85%
1y change+120.43%+95.96%
P/E ratio8749.7959.3
AI Exposure Score40 (Growing)35 (Growing)
SectorTechnologyTechnology
Buildout layersCybersecurity AICybersecurity AI

CRWD's role in the buildout

CrowdStrike sits in the Cybersecurity AI layer as one of the original AI-native security vendors. Machine learning detection is the core of the Falcon product, and Charlotte AI extends that into automated analysis. The AI era helps it twice: attacks get more sophisticated and budgets follow. Still, growth tracks overall cybersecurity spending rather than the infrastructure buildout itself, which is why Supercycle scores its exposure as meaningful but not pure.

PANW's role in the buildout

Palo Alto Networks anchors the Cybersecurity AI layer of the buildout. Its AI plays two roles: it differentiates products like Cortex XSIAM against rivals, and it positions the company to secure the AI applications and cloud infrastructure enterprises are deploying. Growth still comes from security spending broadly rather than AI infrastructure itself, which is why Supercycle scores its AI exposure at 35 out of 100.

Both stocks sit in Cybersecurity AI, so they compete for the same slice of AI spending.

Frequently asked questions

Is CRWD or PANW the bigger company?

Palo Alto Networks is bigger: $321.72B versus $268.77B by market cap, as of the latest end-of-day data.

Which has more AI exposure, CRWD or PANW?

CrowdStrike does: its AI Exposure Score is 40 (Growing tier) versus 35 (Growing). The score measures how much of the business depends on AI, not which stock is the better investment.

Build your own comparison of any tracked stocks with the compare tool, or see how the layers fit together in the Start Here guide. Nothing here is investment advice; see the disclaimer.