TLDR CrowdStrike stock is up 9% from yesterday, with the last close at $229.87. Rosenblatt raised its price target to $275 from $250 and kept its Buy rating. The firm expects a slight beat-an
CrowdStrike (CRWD) stock is up 9% from yesterday’s move, a sharp bounce for a name that had been sliding. The last close was $229.87, and the stock sat at $237.70 in premarket trading on Friday.
CrowdStrike Holdings, Inc., CRWD
The lift follows a price target hike from Rosenblatt. The firm moved its target to $275 from $250 on Thursday and kept its Buy rating.
Rosenblatt’s target implies about 20% upside from the last close. That is the headline number traders are chewing on today.
The stock is up 96% year to date and 74% over the past year, per Investing.com. Simply Wall St counts a bigger year-to-date gain of 102.72%.
Analyst Catherine Trebnick expects a slight beat-and-raise when CrowdStrike reports fiscal third-quarter 2027 results. She said partner checks came in above plan.
Demand held in line to above last quarter, the firm said. That is the kind of channel feedback analysts look for before a report.
Falcon Flex is a big part of the story. Rosenblatt said it keeps pulling forward customer spend and widens CrowdStrike’s share of security budgets.
The firm also addressed the recent dip. It called the roughly 10% pullback since November 4 a valuation reset across richly valued software names, not a change in fundamentals.
Simply Wall St shows a similar slide, with the 30-day return down 12%. Its three-year total shareholder return still stands at 350.13%.
Valuation remains a debate. Simply Wall St’s analyst consensus narrative pegs fair value at about $249.68, which would make the stock roughly 8% undervalued.
A sales lens tells a different tale. CrowdStrike trades at about 43.7x sales, against 11.8x for peers and 3.5x for the broader US software group.
Other firms have been busy too. Freedom Broker lifted its target to $320 from $260, and Bernstein raised its to $177 from $132.
DA Davidson kept a Buy rating with a $245 target. Jefferies and Stifel both hold Buy ratings with $240 targets.
CrowdStrike has also been shopping. It is buying AI security startups Fiddler and Dreadnode, and Jefferies pointed to the $400 million Fiddler AI deal.
The company also rolled out a sovereign Falcon cloud deployment in Saudi Arabia. It keeps sensitive data in the country while still using global threat intelligence.
Premarket trading on Friday showed the stock at $237.70, up 3.41% from the last close.
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