TLDR
- Jefferies increased CrowdStrike price target to $515 from $500, maintaining Buy rating after Fal.Con conference
- Company forecasts 20% net new annual recurring revenue growth for fiscal 2027, exceeding consensus by 2%
- Strategic partnership with Salesforce integrates Falcon platform for agentic AI security solutions
- Stock approaches technical breakout near 50-day moving average with options activity at $450 strikes
- Multiple analysts upgraded targets recently, with range spanning $330 to $610
CrowdStrike stock received another bullish analyst update as Jefferies raised its price target to $515 from $500. The cybersecurity leader maintains momentum through strategic AI partnerships and strong growth projections.
The upgrade follows CrowdStrike’s recent Fal.Con conference where management outlined expansion plans for artificial intelligence and identity security products. Analysts left the investor briefing with increased confidence in the company’s trajectory.
Management provided fiscal 2027 guidance projecting over 20% net new annual recurring revenue growth. This implies 22% total annual recurring revenue growth, surpassing Wall Street consensus estimates by two percentage points.
AI Partnership Strategy Accelerates Growth
CrowdStrike announced a strategic partnership with Salesforce to develop secure agentic AI agents. The collaboration combines CrowdStrike’s Falcon platform with Salesforce enterprise tools, addressing cybersecurity concerns in autonomous AI environments.
The partnership showcases Charlotte AI, CrowdStrike’s agentic analyst system. Charlotte tracks AI agents to their human creators, identifies abnormal behavior patterns, and prevents overprivileged account exploitation.
Salesforce employees interact with Charlotte AI through natural conversation within existing workflows. The system flags risks, suggests responses, and triggers automated remediation without disrupting user experience in platforms like Slack.
CrowdStrike also strengthened its NVIDIA partnership. Charlotte AI AgentWorks now integrates with NVIDIA’s Nemotron AI models, expanding security coverage across the complete AI development and deployment lifecycle.
Technical Setup Shows Bullish Potential
CRWD stock trades near $445, testing key resistance at the 50-day simple moving average. The stock has approached this level multiple times in 2025 but failed to sustain breakouts above technical resistance.
Options activity reveals aggressive positioning around $450 strike calls, indicating trader expectations for upward price movement. This bullish positioning suggests potential for sustained momentum above current levels.
Successful breakout above the 50-day moving average targets previous swing highs between $460-$470. More optimistic scenarios project movement toward $480-$488, with year-end targets potentially exceeding $500.
Support remains well-defined if current rally momentum stalls. Initial support sits between $427-$430 based on recent swing lows. Deeper support aligns with the 200-day moving average around $412.
Jefferies justifies CrowdStrike’s premium valuation at 59 times enterprise value to 2026 estimated free cash flow. The firm cites proven platform returns, positive customer feedback, and consistently high win rates as valuation drivers.
Analysts note management’s historical conservative guidance approach. They believe artificial intelligence revenue contributions remain understated in current projections, creating potential upside to company forecasts.
Current analyst price targets range from $330 to $610, with several recent upgrades following investor presentations. The company continues expanding AI security capabilities while building strategic partnerships across technology sectors.
