CrowdStrike: Scaling an AI-Driven Security Platform With Record Growth and Durable Demand

Analyst Shaul Eyal of TD Cowen reiterated a Buy rating on CrowdStrike Holdings, retaining the price target of $480.00.

Shaul Eyal has given his Buy rating due to a combination of factors, including CrowdStrike’s record quarterly performance, accelerating net new ARR, and continued outperformance versus expectations on both growth and profitability. He notes that robust security spending, strong cash generation, and rising contribution from non-EDR products underscore the durability of demand for the company’s platform.

Eyal also emphasizes CrowdStrike’s expanding AI-driven platform, growing multi-module adoption, and rapid traction in newer areas such as cloud security, next-gen SIEM, and identity. He highlights the momentum of Falcon Flex arrangements and recent large deal wins as further evidence that the business is scaling well against a very large and growing addressable market, supporting his positive long-term view on the stock.

According to TipRanks, Eyal is a 5-star analyst with an average return of 17.2% and a 55.85% success rate. Eyal covers the Technology sector, focusing on stocks such as Palo Alto Networks, Check Point, and CrowdStrike Holdings.

In another report released on March 2, Piper Sandler also upgraded the stock to a Buy with a $520.00 price target.