CrowdStrike Price Target Raised by UBS Amid Bullish Growth Outlook

 UBS analyst Roger Boyd reiterated his Buy rating on CrowdStrike Holdings Inc. (NASDAQ:CRWD) on May 29 while raising the price target from $425 to $545.

With revenue expanding at a rate of 29.39% and earnings due in less than a week, Boyd does not see recent developments—like staff layoffs and the Carahsoft/IRS deal—to be concerning. Rather, he says that these actions might position the company for long-term Security Information and Event Management (SIEM) growth alongside possible margin boosts.

According to the analyst, although first-quarter partner feedback was a little mixed and macro-level feedback from industry competitors like Palo Alto Networks and Okta has been far from ideal, CrowdStrike Holdings Inc. (NASDAQ:CRWD) is still expected to grow its second-half net new annual recurring revenue (NNARR) by more than 30%. As one of the most compelling fundamental stories in the cybersecurity space, Boyd views any possible first-quarter dip as a chance for investors to buy the company’s shares.

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 the cheapest AI stock.

Read Next: 11 Best Performing Cybersecurity Stocks So Far in 2025 and 11 Best Predictive Analytics Stocks to Buy According to Analysts.

Disclosure: None.