CrowdStrike Holdings (CRWD) Up More Than 17.5% in 30 Days, Is it a Stock to Buy and Hold for Long Term?

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has gained more than 17.5% over the past 30 days. Much of these gains are driven by record net new annual recurring revenue of $256 million in fiscal Q1 2027, driven by increased AI-driven security demand. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of our Top Stocks to Buy and Hold for the Long Term.

​Recently, on June 11, Piper Sandler reiterated an Overweight rating on the stock with a $750 price target. Piper Sandler met with the company’s CFO and VP of Investor Relations in Toronto. The conversation covered several growth drivers, including pipeline momentum, demand trends, and key products like Falcon Flex and identity and endpoint security solutions. A major theme was the impact of Mythos and Project Glasswing on customer demand. The firm noted these initiatives appear to be driving a meaningful shift in how organizations prioritize and spend on cybersecurity.

​As a result, the firm came back more confident in CrowdStrike’s ability to capitalize on the market opportunity, describing Mythos as creating a “step-function change” in security prioritization among customers.

​That said, during the fiscal Q1 2026 earnings reported on June 4, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) reported revenue of $1.39 billion, beating the estimates of $1.36 billion. The adjusted EPS of $1.10 also surpassed the expectations of $1.07. Notably, management raised the fiscal year 2027 net new ARR growth guidance by 520 basis points at the midpoint, reflecting accelerating demand for AI-native security solutions.

CrowdStrike Holdings Inc. (NASDAQ:CRWD) is a technology company that offers cybersecurity solutions through its unified platform and a SaaS subscription-based model.

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