14 AI Stocks Making Headlines on Wall Street: Qualcomm, Microsoft, and More

11. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 79

On June 4, Morgan Stanley reiterated the stock as “Overweight” and raised its price target on the stock to $690 per share from $610. The rating update follows Crowdstrike’s Q1 2027 earnings.

The company reported earnings per share of $1.10 adjusted versus the expected $1.07. Meanwhile, revenue came in at $1.39 billion, above the estimated $1.36 billion.

CRWD’s FQ1 beat expectations across the board, but the bigger story was $52mm raise to FY27 NNARR [net annual recurring revenue] guidance driven by accelerating AI demand, record pipeline, and broad platform strength.

According to CEO George Kurtz, Crowdstrike is benefiting from an “AI inflection point” driven by rising customer platform adoption.

In Q1, the worlds of cybersecurity and frontier AI collided: this was the Mythos moment. CrowdStrike is AI security infrastructure, critical to successful AI adoption.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection.