CrowdStrike stock rating reiterated at Outperform by RBC after Fal.Con event

Investing.com - RBC Capital has reiterated its Outperform rating and $510.00 price target on CrowdStrike Holdings (NASDAQ:CRWD) following the company’s Fal.Con 2025 event. The stock, currently trading at $467.48, sits between analysts’ targets ranging from $330 to $610, with InvestingPro data showing the company currently appears overvalued.

RBC analyst Matthew Hedberg maintained the firm’s bullish long-term thesis on CrowdStrike after attending the conference and hearing from management, partners, and customers about future opportunities.

The firm noted that the event made a compelling case for CrowdStrike’s positioning as the industry enters what it calls the "agentic era" of cybersecurity.

Key takeaways highlighted by RBC included opportunities around agentic security, the evolution of the agentic Security Operations Center (SOC), and upcoming fiscal year 2027 guidance, which will include a formal Annual Recurring Revenue (ARR) guide during the company’s Q4 fiscal 2026 results.

RBC also pointed to CrowdStrike’s new long-term Annual Recurring Revenue goal of $20 billion for fiscal year 2036, with the firm maintaining that CrowdStrike remains one of its top cybersecurity investment ideas.

In other recent news, CrowdStrike Holdings has been the focus of multiple analyst evaluations following its Fal.Con conference and investor briefings. Needham increased its price target for CrowdStrike to $535, maintaining a Buy rating, citing the company’s strong growth projections. Similarly, Cantor Fitzgerald raised its price target to $500 while keeping an Overweight rating, influenced by the company’s updates on long-term financial targets. Jefferies also adjusted its price target to $515, maintaining a Buy rating, after observing CrowdStrike’s expanding product portfolio in artificial intelligence and identity security.

Morgan Stanley raised its price target to $475, maintaining an Equalweight rating, following discussions on the benefits of platformization amid rising AI risks. Meanwhile, Guggenheim reiterated a Neutral rating after the conference, where CrowdStrike announced the acquisition of Pangea, a company focusing on AI security. These recent developments reflect a robust interest in CrowdStrike’s strategic direction and financial outlook.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.