Susquehanna Lifts CrowdStrike (CRWD) PT After Q1 Results

While maintaining a Positive rating, Susquehanna analysts raised their price target for CrowdStrike Holdings Inc. (NASDAQ:CRWD) from $425 to $530 on June 4. This change was made in light of CrowdStrike’s most recent financial results and its strategic focus.

CrowdStrike (CRWD) Gets Bullish Price Target Hike from Susquehanna After Q1 Results

CrowdStrike Holdings Inc. (NASDAQ:CRWD) announced a solid first quarter and gave guidance for the second with revenue that was just below forecast. The company’s annual top-line outlook also shows stable growth projections. Revenue is up 25.9%, and analysts predict profitability this year, indicating that the company’s fundamentals remain sound. One of the main factors driving CrowdStrike’s expansion is the Falcon Flex product, which facilitates the integration of additional modules and the platform as a whole.

Analysts from Susquehanna said they were confident that CrowdStrike Holdings Inc. (NASDAQ:CRWD) could use its dominant position in endpoint security. They expect the company to broaden its scope into additional cybersecurity domains involving identity, cloud, and next-generation Security Information and Event Management (SIEM).

CrowdStrike Holdings Inc. (NASDAQ:CRWD) is a pioneer in cloud workload and endpoint protection powered by AI.

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.