Street Calls of the Week
Investing.com - Stifel raised its price target on CrowdStrike Holdings (NASDAQ:CRWD) to $515.00 from $495.00 while maintaining a Buy rating following the company’s annual Fal.Con 2025 conference in Las Vegas. The stock, currently trading near $445.50, has delivered an impressive 66.78% return over the past year. According to InvestingPro, analyst targets range from $330 to $610, with 38 analysts recently revising earnings estimates upward.
The cybersecurity firm, now commanding a market capitalization of $111.8 billion, hosted over 8,000 attendees at the event, where it showcased its expanding platform and artificial intelligence strategy aimed at both implementing AI for autonomous security operations and securing AI applications, targeting a $300 billion total addressable market by 2030. InvestingPro analysis indicates the company maintains a GOOD financial health score, with strong revenue growth of 23.46% and robust liquidity metrics.
During the conference, CrowdStrike provided several forward-looking metrics that boosted investor confidence, including expectations for fiscal year 2027 year-over-year net new annual recurring revenue (NNARR) growth of over 20%, which represents an acceleration from the 17%+ growth projected for fiscal year 2026.
The company also announced a fiscal year 2036 ending annual recurring revenue (ARR) target of $20 billion, implying a 15% compound annual growth rate from its existing fiscal year 2031 target of $10 billion.
CrowdStrike further revealed plans to begin explicitly guiding to ARR beginning in fiscal year 2027, providing investors with additional transparency into its growth trajectory.
In other recent news, CrowdStrike has made notable advancements in its operations and strategic partnerships. KeyBanc has raised its price target for CrowdStrike to $510, citing the company’s impressive fiscal year 2027 net new annual recurring revenue guidance of 20% year-over-year growth, which surpasses the consensus expectations of 14%. Additionally, DA Davidson has maintained its Buy rating with a $490 price target, emphasizing the significance of artificial intelligence in security, a theme highlighted during the Fal.Con 2025 conference. Mizuho also increased its price target to $450, noting strong demand for CrowdStrike’s services and positive feedback from security partners.
CrowdStrike has unveiled a new system called Threat AI to automate intelligence workflows and enhance threat response capabilities. This innovation is part of the Agentic Security Workforce initiative, aiming to streamline security operations. Furthermore, CrowdStrike has partnered with NVIDIA to integrate AI security agents, extending its Falcon platform to provide comprehensive protection across AI agents using NVIDIA’s NeMo developer tools. These developments underscore CrowdStrike’s commitment to advancing its cybersecurity offerings and strengthening its position in the market.
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