** CrowdStrike's CRWD.O shares off ~1% as major equity indexes fall sharply on Tues with c ybersecurity firm's Q4 results due after market close

** S&P 500 .SPX dropping 1.5%, while the tech-heavy Nasdaq .IXIC sliding about 1% and into correction territory as trade war worries weigh .N

** For qtr ending in Jan, analysts expect CRWD to post Q4 rev of $1.03 bln, up 22% y/y, and adj EPS of 85 cents compared to 95 cents a yr-ago, LSEG data shows

** Canaccord Genuity, which rates CRWD 'buy', hiked its PT by $50 to $420 on Mon

** CRWD's Q3 report showed signs of a "clear recovery" from last year's major outage, Canaccord said, adding that customers are recognizing now is a good time to be doing business with the co, and are in many cases signing on for larger, longer-term deals with broader product adoption

** The July 19 outage paralyzed Microsoft's MSFT.O Windows operating system, disrupting internet services globally

** Jefferies in recent preview note said it expects CRWD to meet consensus 23% y/y annual recurring rev growth in the qtr, though investors will focus on the FY26 trajectory. The analysts have a 'buy' recommendation on the stock with $450 PT

** Of 51 brokerages covering CRWD, recommendation breakdown is 39 "strong buy" or "buy", 11 "hold" and 1 "sell"

** Median PT of $405 up from $380 on Dec 4; stock last traded at $379.26

** With move on the session, CRWD shares up 11% YTD. This compares to IXIC decline of ~6% and S&P 500 Tech sector's .SPLRCT ~8% drop to begin 2025

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))