CrowdStrike stock price target raised to $510 from $495 at KeyBanc

Investing.com - KeyBanc raised its price target on CrowdStrike Holdings (NASDAQ:CRWD) to $510 from $495 while maintaining an Overweight rating on the stock. The cybersecurity giant, currently valued at $111.8 billion, has seen 38 analysts revise their earnings estimates upward, according to InvestingPro data.

The price target adjustment follows CrowdStrike’s investor briefing where the cybersecurity company provided fiscal year 2027 net new annual recurring revenue (NNARR) guidance of 20% year-over-year growth, exceeding consensus expectations of 14%.

CrowdStrike also introduced a fiscal year 2036 annual recurring revenue (ARR) target of $20 billion, representing a 15% compound annual growth rate (CAGR), and demonstrated its positioning to secure agentic AI and provide autonomous security operations center (SOC) capabilities.

KeyBanc cited positive customer and partner feedback from the event as factors in its decision to raise estimates for the company.

The firm has increased its fiscal year 2027 ARR estimate to $6.32 billion from $6.25 billion and its revenue estimate to $5.76 billion from $5.73 billion.

In other recent news, CrowdStrike has announced its plan to acquire Pangea, a firm specializing in AI security. This acquisition is intended to help develop the industry’s first complete AI Detection and Response (AIDR) solution, enhancing CrowdStrike’s Falcon platform to secure the entire AI lifecycle. Additionally, CrowdStrike has unveiled Threat AI, a new system designed to automate intelligence workflows and accelerate threat response as part of its Agentic Security Workforce initiative.

In a related development, CrowdStrike and NVIDIA have announced the integration of Charlotte AI AgentWorks with NVIDIA’s Nemotron AI models, expanding protection and governance across AI agents. Furthermore, DA Davidson has reiterated its Buy rating for CrowdStrike, citing the focus on AI security at the recent Fal.Con 2025 conference. Mizuho has also raised its price target for CrowdStrike to $450, noting strong demand for the company’s services and healthy adoption of its emerging modules. These recent developments highlight CrowdStrike’s ongoing efforts to strengthen its position in AI security.

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