BMO Lifts CrowdStrike (CRWD) Price Target to $500, Cites Long-Term Growth Strength

We recently published a list of 10 Buzzing AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other buzzing AI stocks on latest news and ratings.

On June 4th, BMO Capital raised the firm’s price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $500 from $405 and kept an “Outperform” rating on the shares.

Firm analysts cited CrowdStrike’s “solid if unspectacular” quarterly performance and comprehensive security portfolio as reasons behind the rating affirmation. The analysts also told investors in a research note how the company boasts one of the most comprehensive and effective security portfolios.

Analysts also added that they are optimistic about the company’s ability to sustain 20% top-line growth into fiscal year 2027. This growth projection aligns with its current revenue growth of 26% and projected 21% growth for the next fiscal year.

Moreover, CrowdStrike’s customer commitment packages anniversary is expected to boost annual recurring revenue growth in the second half of fiscal year 2026. Even though the analysts acknowledge the stock’s high valuation, they are optimistic about its future performance.

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

Overall, CRWD ranks 8th on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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