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Investing.com - Cantor Fitzgerald has reiterated its Overweight rating on CrowdStrike Holdings (NASDAQ:CRWD) with a price target of $475.00. The cybersecurity giant has demonstrated impressive performance with a 57.5% return over the past year and maintains strong five-year growth momentum.
The research firm expressed continued confidence in CrowdStrike’s second-half NNARR (net new annual recurring revenue) reacceleration, suggesting potential growth in the latter part of the year.
Despite the positive long-term outlook, Cantor Fitzgerald noted several near-term concerns, including constraints in endpoint market growth, early-stage adoption of emerging products, and potential macroeconomic headwinds.
The firm also highlighted CrowdStrike’s current premium valuation as a factor warranting caution in the immediate future.
Cantor Fitzgerald emphasized that continued investment in both direct and indirect channels would be necessary for CrowdStrike to drive results in emerging product categories.
In other recent news, CrowdStrike Holdings has been the focus of several analyst updates and company developments. The company is preparing for its fiscal second-quarter 2026 earnings report, with Stifel maintaining a Buy rating and a $495 price target, indicating expectations for consistent year-over-year growth. Guggenheim has kept a Neutral rating, noting that CrowdStrike is expected to meet consensus estimates for total revenue and annual recurring revenue, though it warns of potential revenue risks later in the fiscal year. Evercore ISI has lowered its price target to $425 and added the stock to its tactical underperform list, calling the upcoming earnings report a "critical show me quarter." Meanwhile, BMO Capital has adjusted its price target to $460, maintaining an Outperform rating while expressing growth concerns.
Additionally, CrowdStrike has launched a Falcon Next-Gen Identity Security solution aimed at protecting various types of identities in hybrid environments. This new solution integrates multiple security features into a single platform, aiming to address complex security challenges without requiring complicated integrations. The cybersecurity firm continues to receive mostly positive feedback from channel partners, particularly for its Falcon Flex deals and Next-Gen SIEM solutions. These developments come as CrowdStrike seeks to bolster its position in the cybersecurity market amid varying analyst expectations.
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