Citi Reiterates Buy on CrowdStrike Holdings, Inc. (CRWD), Raises Target on Strong Cybersecurity Spending Trends

We recently published an article titled 13 High Growth Cloud Stocks to Buy. 

On January 13, Citi raised its price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $610 from $595 while maintaining a Buy rating on the shares, following adjustments to ratings and targets across the systems software group based on the firm’s survey of chief information security officers. The update reflects continued enterprise focus on cybersecurity priorities amid increasingly complex threat environments.

Separately, the CEO of CrowdStrike Holdings, Inc. (NASDAQ:CRWD), George Kurtz, recently highlighted rising risks associated with expanded AI adoption within corporate systems, warning that unconstrained AI agents could create new security vulnerabilities if not properly governed. In a Yahoo Finance interview, Kurtz emphasized the growing need for more sophisticated tools to manage and control access to sensitive systems by both humans and AI, a concern that aligns with broader enterprise security spending trends.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-native endpoint security, threat intelligence, and cyberattack response services through its Falcon platform. Founded in 2011 and headquartered in Austin, Texas, the company continues to expand its platform toward identity protection and next-generation security capabilities as organizations adapt their defenses to evolving AI-driven risks.

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