Street Calls of the Week
Investing.com - Morgan Stanley has raised its price target on CrowdStrike Holdings (NASDAQ:CRWD) to $475.00 from $460.00 while maintaining an Equalweight rating on the cybersecurity company’s stock. The stock, which has delivered an impressive 66.78% return over the past year, currently trades near $445, with analyst targets ranging from $330 to $610.
The price target adjustment comes after CrowdStrike’s analyst day presentation, which focused on the increasing benefits of platformization, particularly as artificial intelligence increases risks for customers.
Morgan Stanley analyst Keith Weiss noted that CrowdStrike provided a breakdown for greater than 20% net new annual recurring revenue (ARR) growth in fiscal year 2027.
The company also introduced a new target of $20 billion in ARR by fiscal year 2036, which represents more than four times its current level.
Morgan Stanley described these financial targets as "most incrementally positive" aspects of the presentation, though the firm maintained its Equalweight stance on the stock.
In other recent news, CrowdStrike Holdings has seen a series of price target increases from several analyst firms following its annual Fal.Con 2025 conference. Jefferies raised its price target to $515, citing the company’s expanding product portfolio in artificial intelligence and identity security. Stifel also increased its target to $515, noting CrowdStrike’s growth outlook and its strategy to secure AI applications. Meanwhile, BMO Capital set a new target of $500, highlighting the company’s successful platform expansion and growth opportunities in endpoint security and cross-selling. KeyBanc adjusted its price target to $510, pointing to CrowdStrike’s fiscal year 2027 guidance of 20% net new annual recurring revenue growth, surpassing consensus expectations. Mizuho raised its target to $475 while maintaining a Neutral rating, following insights from the company’s investor meeting. These developments reflect positive sentiment among analysts regarding CrowdStrike’s future prospects.
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