CrowdStrike (CRWD) Delivers Upside Across Metrics; BMO Lifts Target to $555

Core Viewpoint - CrowdStrike Holdings, Inc. is being closely monitored by analysts as a leading AI stock, with BMO Capital raising its price target to $555 from $500 while maintaining an "Outperform" rating following strong Q3 fiscal year 2026 results [1][4]. Financial Performance - Revenue for the third quarter increased by 22% year over year to $1.23 billion, slightly surpassing the 21% growth reported in the previous quarter [2]. - Annual Recurring Revenue (ARR) grew by 23% year over year to $4.92 billion as of October 31, 2025, which is a 20% increase from the prior quarter [2]. Future Guidance - The company has guided for fiscal fourth-quarter revenue between $1.29 billion and $1.30 billion, and expects total revenue for the full fiscal year to be approximately $4.80 billion to $4.81 billion, indicating an estimated year-over-year growth of 20% to 22% [3]. Competitive Positioning - BMO Capital noted that CrowdStrike delivered positive results across all metrics for the quarter and guidance, emphasizing its broad portfolio, including SIEM, Identity, Cloud, and AI capabilities, which are expected to support sustained growth [4]. - Despite being well-positioned in the cybersecurity sector, the company's current valuation places it lower in the ranking of Outperform-rated stocks according to BMO Capital [5].