CrowdStrike stock rating reiterated at Overweight by Cantor Fitzgerald

Investing.com - Cantor Fitzgerald has reiterated an Overweight rating on CrowdStrike Holdings (NASDAQ:CRWD) with a price target of $475.00. Currently trading at $439.63, the stock has delivered an impressive 105% return over the past year. According to InvestingPro data, analyst targets range from $330 to $610, with a strong buy consensus.

The research firm expressed confidence in a second-half rebound for CrowdStrike, projecting Net New Annual Recurring Revenue (NNARR) to grow 8% year-over-year to $870 million in fiscal year 2026. This projection sits slightly below the consensus estimate of $883 million.

Cantor Fitzgerald cited several factors supporting this outlook, including pricing normalization, easier comparisons, and the impact of new channel incentives. The firm believes these dynamics are well understood and fully reflected in the current stock price.

The research note highlighted that CrowdStrike’s sustained growth will depend on the channel’s ability to ramp Falcon Flex (NASDAQ:FLEX) and continued increased module adoption. While the company has focused on training its direct sales team, partner enablement only began earlier this year, suggesting Flex productivity should improve over time.

Despite limited net new compute demand according to their checks, Cantor Fitzgerald pointed to multiple growth vectors beyond Endpoint Detection and Response (EDR), including identity, Next-Gen SIEM, and cloud security, though it acknowledged potential downside risk at the current premium valuation if emerging product momentum slows or channel ramping faces delays.

In other recent news, CrowdStrike Holdings has seen several notable developments. Moody’s Ratings has affirmed the company’s Baa3 senior unsecured rating and upgraded its outlook to positive from stable, highlighting CrowdStrike’s strong position in the cybersecurity market. The rating agency anticipates an increase in subscription revenue growth from 20% in the first half of the fiscal year ending January 2026 to 23% in fiscal year 2027, alongside rising profitability and robust free cash flow growth. Additionally, Citizens JMP analyst Trevor Walsh reiterated a Market Outperform rating for CrowdStrike, maintaining a price target of $500.00 due to its solid standing in endpoint protection. Macquarie has also initiated coverage of CrowdStrike with a Neutral rating, setting a price target of $465.00, acknowledging the company’s innovation-driven product strategy. Moreover, CrowdStrike has expanded its partnership with Amazon (NASDAQ:AMZN) Web Services (AWS), introducing its falcon-mcp server and AI Red Team Services in the AI Agents and Tools category of the AWS Marketplace. This collaboration aims to enhance AI capabilities in security operations by integrating AI agents and large language model applications with the CrowdStrike Falcon platform. These recent developments underscore CrowdStrike’s ongoing efforts to strengthen its market presence and technological offerings.

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