CrowdStrike Holdings (CRWD) PT Raised to $550 at Rosenblatt

Rosenblatt analyst Catherine Trebnick raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $550.00 (from $490.00) while maintaining a Buy rating.

The analyst comments "We are reiterating our Buy rating on CrowdStrike (CRWD) and raising our price target to $550 from $490. This updated price target reflects a valuation based on applying a 19.5x EV/CY27e Sales a change from the previous 21.1x multiple on CY26 sales. The valuation also accounts for a projected 21% Y/Y growth. We believe this increased confidence is informed by extensive conversations with partners and customers at the Fal.con exhibit hall, who consistently noted the products are an "easy sell" and expressed strong satisfaction with the offerings."

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