Bernstein raised the firm’s price target on CrowdStrike (CRWD) to $368 from $353 and keeps a Market Perform rating on the shares. The firm says CrowdStrike’s Q4 demonstrated their continued durable leadership in cybersecurity, and offered signals net new customer growth is finally re-accelerating. The quarter delivered a $10M revenue beat vs. midpoint guide, and $25M ARR beat vs. consensus. Looking to FY27, guidance revenue came in $30M-plus higher than consensus at the midpoint, and FY27 ending ARR an even larger $85M beat vs. consensus at midpoint.
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