Rosenblatt raises CrowdStrike stock price target to $515 from $450

On Monday, Rosenblatt analysts increased the price target for CrowdStrike Holdings stock (NASDAQ: NASDAQ:CRWD) to $515 from $450, while maintaining a Buy rating. The stock, currently trading at $471.37 and showing a remarkable 50% gain over the past year according to InvestingPro, is approaching its 52-week high of $474.23. The adjustment comes ahead of CrowdStrike’s fiscal first-quarter 2026 earnings report, scheduled for Tuesday, with a call at 5 PM ET.

The analysts cited the ongoing trend of IT consolidation as a key factor driving the company’s performance. They anticipate annual recurring revenue (ARR) and revenue growth to align with market estimates, forecasting a 21% and 20% increase, respectively. Despite businesses closely monitoring expenditures, many are turning to platform providers like CrowdStrike for comprehensive security solutions that streamline operations and manage costs effectively.

CrowdStrike’s strong module up-sells, particularly in areas like cloud security and identity, are seen as addressing current industry challenges. These areas are reportedly receiving increased budget allocations, reflecting their importance in current cybersecurity strategies.

The analysts also noted a 31% expansion in cybersecurity sector multiples over the past two months, which supports the revised target multiple of 21 times the enterprise value to calendar year 2026 earnings estimate. This adjustment reflects confidence in CrowdStrike’s execution and its broad platform, which aligns with the IT consolidation trend.

In other recent news, several analysts have adjusted their price targets and ratings for CrowdStrike Holdings, reflecting a range of expectations ahead of the company’s upcoming earnings report. JPMorgan raised its price target for CrowdStrike to $500, citing anticipated strong earnings results and a robust growth outlook. UBS also increased its price target to $545, maintaining a Buy rating, and noted the potential for sustainable growth in Security Information and Event Management (SIEM) and margin improvements. Stifel adjusted its price target to $480, reaffirming a Buy rating, and highlighted improved performance among Value-Added Resellers despite past challenges.

Cantor Fitzgerald maintained an Overweight rating with a $475 price target, expressing optimism for long-term platform positioning but cautioning about near-term growth constraints. Meanwhile, S&P Global Ratings revised CrowdStrike’s outlook to positive from stable, affirming a ’BB+’ rating due to strong operating performance and projected revenue growth. The company’s annual recurring revenue is expected to reach $5 billion, with free cash flow exceeding $1 billion annually. S&P noted that CrowdStrike’s Next-Gen SIEM business grew significantly, contributing to overall resilience in a competitive cybersecurity landscape.

These developments reflect a generally positive sentiment among analysts, with a focus on CrowdStrike’s growth potential and strategic initiatives. As the company prepares to release its earnings, investors will be watching closely for insights into its financial performance and future prospects.

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