Roth Capital has initiated coverage on CrowdStrike (CRWD, Financial) with a Buy rating, setting a price target of $410. The firm highlights CrowdStrike's strong position within the cybersecurity sector, supported by its extensive portfolio and competitive edge. According to Roth Capital, CrowdStrike is well-situated for continued growth, thanks to its innovative Flex licensing model and the relatively early stage of its high-growth products in relation to the total addressable market.
The firm's analysis suggests that CrowdStrike's potential for expansion is significant, driven by its strategic positioning and effective execution in the market. Roth Capital's optimistic outlook is grounded in the company's long runway for growth, with the expectation that CrowdStrike will continue to capitalize on its opportunities in the cybersecurity landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 44 analysts, the average target price for CrowdStrike Holdings Inc (CRWD, Financial) is $402.28 with a high estimate of $475.00 and a low estimate of $185.00. The average target implies an upside of 9.18% from the current price of $368.45. More detailed estimate data can be found on the CrowdStrike Holdings Inc (CRWD) Forecast page.
Based on the consensus recommendation from 51 brokerage firms, CrowdStrike Holdings Inc's (CRWD, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CrowdStrike Holdings Inc (CRWD, Financial) in one year is $439.36, suggesting a upside of 19.25% from the current price of $368.45. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CrowdStrike Holdings Inc (CRWD) Summary page.
