Truist Securities Reaffirms 'Buy' Rating for Crowdstrike Holdings Inc. with $500 Price Target

Crowdstrike Holdings Inc. (CRWD) is a cybersecurity company providing cloud-delivered protection through its AI-powered Falcon platform. Truist Securities reiterated a 'Buy' rating and $500 price target, citing the company's growth prospects in the second half of the year. CrowdStrike aims to achieve $10 billion in total annual recurring revenue by 2031 and is open to mergers and acquisitions to expand its footprint.

CrowdStrike Holdings Inc. (CRWD), a leading cybersecurity company, has seen its stock maintain a 'Buy' rating from Truist Securities with a price target of $500. This rating comes on the heels of the company's strong second-quarter fiscal 2026 results, which underscored the growing demand for cybersecurity solutions. The cybersecurity firm reported $221 million in net new annual recurring revenue, marking a 1% year-over-year increase. Management also provided guidance for the second half of the year, expressing confidence in continued growth, especially in a stabilizing macroeconomic environment TD Cowen Rates CrowdStrike Holdings (CRWD) as a ‘Buy’ on Strong Platform Adoption^[1].

The company's AI-powered Falcon platform, which offers cloud-delivered protection across endpoints, cloud workloads, identity, and data, has been a key driver of its success. Truist Securities noted the expansion of the non-Endpoint Detection and Response (EDR) module, which grew by over 40% year-over-year. Additionally, Flex and ReFlex customers are accelerating platform adoption, further bolstering the company's growth prospects TD Cowen Rates CrowdStrike Holdings (CRWD) as a ‘Buy’ on Strong Platform Adoption^[1].

CrowdStrike's financial performance has been robust, with a quarterly EPS of $0.93, exceeding estimates, and a year-over-year revenue increase of 21.4%. Despite recent insider sell-offs, institutional investors remain confident in the company's future, with 71.16% of its stock owned by them Optimize Financial Inc Has $1.84 Million Stock Holdings in CrowdStrike $CRWD^[2]. The company's debt-to-equity ratio of 0.20 and current ratio of 1.88 indicate strong financial health.

Analysts have set new price targets and ratings for CrowdStrike. Canaccord Genuity Group, JMP Securities, Jefferies Financial Group, and Wedbush have all recently adjusted their target prices and ratings, reflecting the company's strong performance and growth prospects Optimize Financial Inc Has $1.84 Million Stock Holdings in CrowdStrike $CRWD^[2].

CrowdStrike's ambitious goal is to achieve $10 billion in total annual recurring revenue by 2031, and the company is open to mergers and acquisitions to expand its footprint. This strategic approach, combined with its innovative AI-powered solutions, positions CrowdStrike as a key player in the cybersecurity landscape.