Analysts Stay Positive on CrowdStrike (CRWD) Ahead of Q3 2026 Results

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the 15 Best Performing AI Stocks Heading into 2026. On November 25, DA Davidson increased its price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) from $515 to $580 and kept a Buy rating. This update comes ahead of the company’s results for its fiscal third quarter of 2026, which are to be released on December 2, 2025.

DA Davidson expects CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to report strong results with continued growth in net new annual recurring revenue (NNARR), which should boost investor confidence. The research firm also noted that the company is on track to achieve its target of more than 20% year-over-year growth in NNARR for fiscal year 2027.

Previously, on November 19, Jefferies had also increased its price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) from $515 to $600 and maintained a Buy rating. The firm expects the company’s NNARR in the fiscal third quarter to grow at a high single-digit rate compared to the previous quarter.

Jefferies also noted that based on intra-quarter checks and survey results, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is performing well. The firm believes the company could beat consensus annual recurring revenue (ARR) estimates by about 40 basis points.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leading cybersecurity technology company that uses AI and cloud-based architecture to offer protection across endpoints, cloud workloads, identity, and data.

While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.