CrowdStrike Holdings (CRWD) stock was hit hard on Friday by a report that claimed Amazon (AMZN) is developing an AI agent tool to handle sales, business development, and other tasks. This is part of a shift that has seen tech companies turn to AI agents to reduce costs and lay off employees.
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Trade AMZN with leverageNews of the new Amazon AI agent is a blow to CrowdStrike Holdings as the cybersecurity company is a partner of the e-commerce giant. The two signed an agreement in September 2025 that has CrowdStrike Holdings offering cybersecurity protection to Amazon Business Prime Essentials, Small, Medium, and Enterprise members via its CrowdStrike Falcon Go platform.
If Amazon’s AI agent is as capable as reports suggest, it could outright remove the need for the partnership with CrowdStrike Holdings. Losing a partner as large as Amazon would be a major loss for the company and would no doubt affect its stock price. It appears that investors have the same concerns, considering today’s movement.
CrowdStrike Holdings Stock Movement and Analyst Updates
CrowdStrike Holdings stock was down 7.25% on Friday, extending a 22.31% year-to-date fall. Even so, the shares were up 9.94% over the past 12 months.
CRWD stock saw some 1.62 million shares change hands today, which is below the company’s three-month average daily trading volume of about 4.65 million shares.
Despite today’s Amazon news, CRWD stock received bullish coverage from one top analyst. Four-star Barclays analyst Saket Kalia reiterated a Buy rating and a $550 price target, representing a 50.07% upside for the shares.
Is CrowdStrike Holdings Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for CrowdStrike Holdings is Strong Buy, based on 27 Buy and nine Hold ratings over the past three months. With that comes an average CRWD stock price target of $484.33, representing a potential 31.25% upside for the shares.
