Street Calls of the Week
Investing.com - Mizuho raised its price target on CrowdStrike Holdings (NASDAQ:CRWD) to $475 from $450 on Thursday, while maintaining a Neutral rating on the cybersecurity company’s stock. The stock, currently trading at $445.50, has delivered an impressive 66.78% return over the past year, according to InvestingPro data.
The price target adjustment follows Mizuho’s attendance at Day 2 of CrowdStrike’s annual user conference, Fal.Con 2025, and its investor meeting in Las Vegas. While the conference itself was described as "relatively uneventful," the investor meeting provided significant news for the $111.8 billion market cap company, which has maintained strong revenue growth of 23.46% over the last twelve months.
According to Mizuho, CrowdStrike addressed investor concerns about its previously noncommittal view on next year’s Annual Recurring Revenue (ARR) by providing guidance for over 20% net new ARR growth for fiscal year 2027, which Mizuho noted was "significantly above consensus."
Mizuho emphasized that CrowdStrike’s cloud security platform remains "very differentiated" with an unrivaled go-to-market strategy, and the firm expects the company to continue successfully expanding into higher-growth security markets.
Despite these positive factors, Mizuho maintained its Neutral stance, citing moderated checks in recent quarters and CrowdStrike’s current valuation at "nearly 20x" its calendar year 2026 estimated enterprise value to ARR multiple, which together create what the firm views as a balanced risk/reward profile. InvestingPro analysis suggests the stock is currently overvalued, with analysts setting price targets ranging from $330 to $610. For deeper insights into CrowdStrike’s valuation and growth prospects, including 11 additional ProTips and comprehensive financial analysis, check out the Pro Research Report available on InvestingPro.
In other recent news, CrowdStrike Holdings has seen a series of analyst upgrades following key company events. BMO Capital increased its price target for CrowdStrike to $500 from $450, citing platform expansion and growth opportunities in areas such as endpoint security and new customer acquisition. Stifel also raised its price target to $515 from $495, maintaining a Buy rating after the company’s Fal.Con 2025 conference, which highlighted CrowdStrike’s AI strategy and a significant market opportunity by 2030. KeyBanc adjusted its price target to $510 from $495, acknowledging the company’s fiscal year 2027 net new annual recurring revenue guidance, which surpassed consensus expectations. Additionally, DA Davidson reaffirmed its Buy rating with a $490 price target, emphasizing the role of AI in security following the Las Vegas conference.
CrowdStrike also introduced its Threat AI system, aimed at automating intelligence workflows to enhance threat response capabilities. This new technology is part of the Agentic Security Workforce initiative, designed to help security teams focus on critical investigations. These developments reflect CrowdStrike’s continued emphasis on leveraging artificial intelligence to advance its cybersecurity offerings.
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