Adam Borg, an analyst from Stifel Nicolaus, maintained the Buy rating on CrowdStrike Holdings (CRWD – Research Report). The associated price target was raised to $495.00.
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Adam Borg has given his Buy rating due to a combination of factors that highlight CrowdStrike’s strong performance and strategic positioning. The company reported F1Q26 results that met or exceeded expectations, with notable achievements such as a significant increase in NNARR, surpassing estimates. This growth was driven by the successful adoption of the Falcon Flex purchasing model, which saw a substantial year-over-year increase in total contract value.
Despite some challenges in revenue guidance and market reactions, CrowdStrike’s management demonstrated confidence by raising profitability guidance for FY26 and setting higher targets for FY27. The company’s ability to drive platform sales through Flex and its strategic evolution following past challenges contribute to the positive outlook. Borg remains confident in CrowdStrike’s potential for over 20% top-line growth and improved profitability in the coming years, justifying the Buy rating and an increased target price of $495.
According to TipRanks, Borg is a 5-star analyst with an average return of 17.4% and a 75.71% success rate. Borg covers the Technology sector, focusing on stocks such as Palo Alto Networks, CyberArk Software, and Zscaler.
In another report released today, TD Cowen also reiterated a Buy rating on the stock with a $500.00 price target.
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