Citi Reiterates Buy Rating on CrowdStrike Holdings (CRWD)

Citi analyst Fatima Boolani reiterated a Buy rating on CrowdStrike Holdings (NASDAQ: CRWD) after attending the Investor Briefing event.

"Though implied flat NNARR through FY26 suggests a lot would have to go wrong for this outcome (>10pt DBNRR compression to ~113% on average) prevailing macro variabilities demand prudence, where we believe intact installed base growth prospects, module cross-sell headroom, and new distribution strategies offer believable upside inputs. Tackling MSFT existential threat granularly and at-length, will likely be perceived as defensive, but addressing this boogeyman head-on should diffuse incremental competitive bearishness, in our view. While expectedly lacking fireworks and estimates unbudged, the session reinvigorating our comfort on top line+bottom line upside drivers, keeps us comfortably Buy-rated."

For an analyst ratings summary and ratings history on CrowdStrike Holdings click here. For more ratings news on CrowdStrike Holdings click here.

Shares of CrowdStrike Holdings closed at $136.65 yesterday.

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