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Analysts Stay Positive on CrowdStrike (CRWD) Ahead of Q3 2026 Results
Yahoo Financeยท 2025-11-29 05:39
Core Viewpoint - CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is recognized as one of the top-performing AI stocks as it approaches 2026, with analysts projecting strong financial results and growth in annual recurring revenue [1][2]. Group 1: Price Target Adjustments - DA Davidson raised its price target for CrowdStrike from $515 to $580 while maintaining a Buy rating ahead of the fiscal third quarter results [1]. - Jefferies also increased its price target from $515 to $600, keeping a Buy rating, anticipating high single-digit growth in net new annual recurring revenue (NNARR) for the fiscal third quarter [3]. Group 2: Revenue Growth Expectations - DA Davidson expects CrowdStrike to report strong results with continued growth in NNARR, projecting over 20% year-over-year growth for fiscal year 2027 [2]. - Jefferies noted that CrowdStrike could exceed consensus annual recurring revenue (ARR) estimates by approximately 40 basis points based on intra-quarter checks and survey results [4]. Group 3: Company Overview - CrowdStrike is a leading cybersecurity technology company that leverages AI and cloud-based architecture to provide protection across various domains, including endpoints, cloud workloads, identity, and data [4].