Stifel Nicolaus Lifts CrowdStrike (CRWD) Price Target to $495, Maintains Buy Rating

On June 4, Stifel Nicolaus analyst Adam Borg maintained a Buy rating on CrowdStrike Holdings, Inc. (NASDAQ:CRWD), lifting the associated price target to $495 from $480. The analyst’s rating reflects the company’s strategic positioning and strong performance, as it followed CRWD’s fiscal Q1 2026 results on June 3.

The analyst reasoned that CrowdStrike Holdings, Inc. (NASDAQ:CRWD) met or surpassed expectations with its fiscal Q1 2026 results, exhibiting significant achievements such as a notable growth in Net-New Annual Recurring Revenue (NNARR). Annual Recurring Revenue (ARR) rose 22% year-over-year to $4.44 billion, of which $193.8 million was the net new ARR added in the quarter. The analyst attributed this growth to the successful adoption of the Falcon Flex purchasing model.

CrowdStrike (CRWD) Price Target Raised to $515 as AI Cybersecurity Demand Soars

Security personnel at their consoles, monitoring a global network of threats in real-time.

Management exhibited confidence by lifting profitability guidance for FY26 and raising targets for FY27. It expects fiscal Q2 2026 revenue to experience around a 19% year-over-year growth.

Borg expressed confidence in CrowdStrike Holdings, Inc.’s (NASDAQ:CRWD) ability to attain increased profitability and over 20% top-line growth in the coming years, justifying the Buy rating.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) offers cybersecurity services and products to prevent breaches. Its offerings include cloud-delivered protection across endpoints, threat hunting, managed security services, IT operations management, log management, and more.

While we acknowledge the potential of CRWD as an investment, 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.

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Disclosure: None.