BTIG Remains a Buy on CrowdStrike Holdings, Inc. (CRWD)

​CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the Best Cybersecurity Stocks to Buy in 2026. Wall Street is bullish on the stock, with analysts’ 12-month price targets suggesting more than 26% upside from current levels. Recently, on January 20, Gray Powell from BTIG reiterated a Buy rating on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) with a $640 price target. On the same day, Jonathan Ruykhaver from Cantor Fitzgerald also reiterated an Overweight rating on the stock without disclosing any price targets.

​The ratings are based on the company’s recent acquisition of Seraphic Security, which is an Israeli startup specializing in browser runtime security. Management noted that the strategic acquisition aims to secure web browsers, which are a key vulnerability in modern enterprises. As a result of this move, the company will be able to integrate Seraphic’s technology into its Falcon platform. Management noted that this is an all-cash deal, expected to close in the company’s fiscal Q1 2027.

​According to Cantor Fitzgerald, the deal is valued at roughly $250 million and positions CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to compete effectively with Island and Prisma Access Browser. The firm also highlighted that this acquisition will act as a long-term tailwind, as they predict 25% of the enterprises will use secure browsers by 2028.

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

While we acknowledge the potential of CRWD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRWD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.