TD Cowen Rates CrowdStrike Holdings (CRWD) as a ‘Buy’ on Strong Platform Adoption

Core Insights - CrowdStrike Holdings Inc. is recognized as a leading cybersecurity stock, with a 'Buy' rating and a $500 price target from TD Cowen following strong fiscal Q2 2026 results [1][2] - The company reported $221 million in net new annual recurring revenue, marking a 1% year-over-year increase, and provided positive guidance for the second half of the year [2] - The non-Endpoint Detection and Response module experienced over 40% year-over-year growth, indicating strong platform adoption among Flex and ReFlex customers [3] Company Overview - CrowdStrike is known for its Falcon platform, which utilizes artificial intelligence to prevent, detect, and respond to cyberattacks across various environments, including endpoints and cloud workloads [4] - The company's services focus on stopping breaches by continuously monitoring and utilizing threat intelligence to block malicious activities [4]