CrowdStrike (CRWD) Price Target Cut to $460 Despite Strong AI Momentum

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the Hot AI Stocks to Keep on Your Radar. On August 25, BMO Capital analyst Keith Bachman lowered the price target on the stock to $460.00 (from $500.00) while maintaining an Outperform rating.

The firm has found positive channel feedback for Crowdstrike’s July quarter, with channel representatives particularly praising the company’s success in promoting Falcon Flex deals and Next-Gen SIEM.

The only concern that the firm has ahead of CrowdStrike’s upcoming earnings report is the potential guidance for the second half of fiscal year 2026.

“Feedback from the channel has been mostly positive for CRWD ‘s July quarter. Channel reps commented that CRWD has been successfully promoting Falcon Flex deals, as well as Next-Gen SIEM. However, we are cautious going into the print based on concerns around potential 2HFY26 guidance comments. Further, we believe that CRWD needs to grow ARR and revenues by at least 22-23% y/y in FY27 to move the shares meaningfully higher, which is not our base case scenario. Hence, we are lowering our target price from $500 to $460.”

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection.

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