J.P. Morgan Maintains Bullish Stance on CrowdStrike Holdings (CRWD) Stock

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the High Growth Large Cap Stocks to Buy Right Now. On December 19, J.P. Morgan analyst Brian Essex maintained a bullish stance on the company’s stock, giving a “Buy” rating. The analyst’s rating is backed by a combination of factors demonstrating the company’s structural advantages in next-gen security.

The analyst believes that CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is providing a significantly faster and more cost-effective alternative to legacy SIEM platforms through the unification of data and security functions via a single-agent architecture and LogScale’s index-free data engine.

The integration of Onum to push detection as well as response closer to the data source, along with automation capabilities such as Charlotte AI and agentic SOAR, addresses SOC staffing constraints and improves operational efficiency, added Essex. Furthermore, the analyst opines that disciplined M&A integration and robust execution since mid-year have been reinforcing the strength and cohesion of the platform.

In a different update, Citizens maintained “Market Outperform” rating on CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s stock with a price objective of $550.00. Notably, the firm opines that CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s premium valuation remains justified considering the healthy leadership position in the endpoint protection market as well as expansion of total addressable market.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) offers cybersecurity solutions.

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.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

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