Wall Street Just Sent a Split but Bullish Signal on CRWD — Here's What Four Major Firms Actually Said

Core Viewpoint - Wall Street analysts are sending a mixed but generally bullish signal regarding CrowdStrike (CRWD) following its record Q4 results, indicating that the stock is undervalued despite a year-to-date decline of 17.35% [1] Analyst Commentary - JPMorgan raised its price target for CRWD to $475 from $472, maintaining an Overweight rating, citing AI tailwinds as a key driver for demand [1] - Morgan Stanley reduced its target to $487 from $537 while keeping an Equal Weight rating, acknowledging the strong Q4 performance but suggesting the valuation still needs to justify its multiple [1] - Canaccord cut its target more significantly to $400 from $515 but noted the record quarter with net-new ARR of $331 million, growing 47% year-over-year [1] - Bernstein raised its target to $368 from $353 but maintains a Market Perform rating, reflecting a cautious stance [1] Financial Performance - CrowdStrike reported Q4 revenue of $1.31 billion, a 23% year-over-year increase, and achieved its first-ever positive GAAP net income [1] - Free cash flow for the quarter was $376.36 million, with a free cash flow margin of 29%, up from 23% the previous year [1] - The Falcon Flex licensing model reached an ending ARR of $1.69 billion, growing over 120% year-over-year [1] Future Guidance - Management guided for full-year FY27 revenue between $5.87 billion and $5.93 billion, with a long-term goal of $20 billion in ending ARR by FY36 [1] Stock Valuation - CRWD trades at $387.45, with analyst targets indicating potential upside of 23% to 26% from current levels, except for Bernstein's target which is below the current price [1] - Analysts agree that the recent selloff appears overdone relative to the company's strong fundamentals, as the stock has given back a year's worth of gains despite delivering its best financial year on record [1]