CrowdStrike (CRWD) PT Raised to $250 at Benchmark Ahead of Q2 Results

Benchmark analyst Yi Fu Lee raised the price target on CrowdStrike (NASDAQ: CRWD) to $250.00 (from $230.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating and increase our price target from $230 to $250 heading into F2Q27 results for the July quarter, scheduled to report after the market close on Wednesday, August 26. We expect AIpowered cybersecurity innovator CrowdStrike to exceed F2Q27 consensus expectations across annual recurring revenue (ARR), revenue, operating income/margin, and free cash flow/margin. That said, investor expectations remain elevated following the stock's superb +82.5% year-to-date appreciation. As such, we believe investors will increasingly look for evidence that AI Security can complement and potentially accelerate the company's core growth algorithm, particularly as AIDR adoption, Project QuiltWorks monetization, and broader platform momentum across Cloud Security, Next-Gen SIEM, and Identity Protection continue to build."

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