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Why CrowdStrike Stock Is Flying Higher Today


Shares of CrowdStrike (NASDAQ: CRWD) surged higher on Monday. The company's stock had gained 3.7% as of 10:50 a.m. ET but had been up as much as 5.4% earlier in the day. The move up comes as the S 500 and Nasdaq Composite had gained 0.2% and 0.3%, respectively.

The cybersecurity company received a rating upgrade from analysts at BTIG, and that seemed to be driving investor optimism.

Brokerage and investment bank BTIG upgraded its CrowdStrike rating from neutral to buy on Tuesday. The analysts there reportedly believe that there is a clearer picture of CrowdStrike's revenue growth over the next two years. They see a potential 2.5% to 8% upside to current Wall Street forecasts for the company's fiscal 2027 annual recurring revenue (ARR), a key metric. The company's fiscal 2027 will end in January 2027.

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Source Fool.com

CrowdStrike Holdings Inc Aktie

354,35 €
-3,88 %
Die CrowdStrike Holdings Inc Aktie verzeichnet heute einen großen Rückgang um -3,88 %.
Hohe Buy- und niedrige Sell-Zahlen bei CrowdStrike Holdings Inc zeigen ein stark positives Sentiment.
Mit einem Kursziel von 446 € für CrowdStrike Holdings Inc könnte der aktuelle Kurs von 354.35 € um mehr als 20% steigen.
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