Rosenblatt Lifts PT on CrowdStrike (CRWD) Following “Outstanding” Q1
Key takeaways
- (NASDAQ:CRWD) also received a rating update from Wedbush the same day, with the firm raising the price target on the stock to $720 from $700 while maintaining an Outperform rating on the shares.
- (NASDAQ:CRWD) offers cybersecurity services and products to prevent breaches.
- While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
Rosenblatt Lifts PT on Crowd Strike (CRWD) Following “Outstanding” Q1 Noor Ul Ain Rehman Wed, June 10, 2026 at 12:25 AM GMT+7 2 min read CRWD Crowd Strike Holdings, Inc. (NASDAQ:CRWD) is one of the best NASDAQ stocks to buy and hold for 3 years. Rosenblatt lifted the price target on Crowd Strike Holdings, Inc. (NASDAQ:CRWD) to $825 from $640 on June 4 and maintained a Buy rating on the shares. The rating update came after what the firm called an “outstanding” fiscal Q1 earnings report. It added that despite the improving outlook and significant milestones, the company’s shares fell around 11% in after-hours trading, which Rosenblatt believes is likely to be the result of profit taking after shares rose about 87% since the last earnings report. However, it contended that in the backdrop of an industry inflection point termed the “Mythos moment,” the “intersection of frontier AI models and cybersecurity has positioned the Falcon platform as critical AI infrastructure”.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) also received a rating update from Wedbush the same day, with the firm raising the price target on the stock to $720 from $700 while maintaining an Outperform rating on the shares. The firm noted that the company’s fiscal Q1 results featured slight beats across the board.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) offers cybersecurity services and products to prevent breaches. Its offerings include cloud-delivered protection across endpoints, threat hunting, managed security services, IT operations management, log management, and more.