CrowdStrike (CRWD) Delivers Upside Across Metrics; BMO Lifts Target to $555

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the AI Stocks Analysts are Tracking Closely. On December 3, BMO Capital analyst Keith Bachman raised the firm’s price target on the stock to $555 from $500 and kept an “Outperform” rating on the shares. The price target raise follows CrowdStrike’s “solid” third quarter fiscal year 2026 results.

Revenue for the quarter rose 22% year over year to $1.23 billion, slightly exceeding the 21% growth reported in the second quarter of fiscal 2026. ARR grew 23% year over year to $4.92 billion as of Oct. 31, 2025, up 20% from the previous quarter.

Looking ahead, the company guided fiscal fourth-quarter revenue between $1.29 billion and $1.30 billion; while it expects total revenue of about $4.80 billion to $4.81 billion for the full fiscal year ending Jan. 31, 2026. This represents an estimated 20% to 22% growth year over year.

BMO Capital highlighted that the cybersecurity firm delivered upside on every metric for the quarter and guide. Meanwhile, the company’s “broad and leading portfolio,” including SIEM (Security Information and Event Management), Identity, Cloud, and Charlotte AI capabilities, will help the company sustain durable growth.

Despite the company being the best positioned security company in the firm’s coverage universe, the firm noted that the company’s current valuation positions it “lower in our pecking order of Outperform-rated names.”

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

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