Citi raises target to USD 295 for CrowdStrike stock

Published on 10/16/2026 at 10:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi lifted its target to USD 295 from USD 260 on October 15, 2026. CrowdStrike stock costs EUR 219.58 at Lang & Schwarz on October 16, 2026.

Analyst view and quarterly growth

Citi raised its CrowdStrike target from USD 260.00 to USD 295.00 on October 15, 2026.
Fiscal second-quarter revenue reached USD 1.47 billion after rising 26.00 percent year over year.
CrowdStrike stock trades at EUR 219.58 at 10:04 a.m. CEST at Lang & Schwarz on October 16, 2026.

Draufsicht auf Aktien-Zertifikat, ISIN-Karte, USB-Sicherheitsschlüssel und Leiterplatte auf Marmor — CrowdStrike Holdings Aktien-Flatlay US22788C1053 mit Zertifikat ISIN-Karte Sicherheitsschlüssel und Leiterplatte auf Marmor, Illustration mit AI erstellt.

CrowdStrike (ISIN US22788C1053) was trading at EUR 219.58 at Lang & Schwarz on October 16, 2026 at 10:04 a.m. CEST. On October 15, 2026, Citi raised its price target for CrowdStrike from USD 260.00 to USD 295.00 while keeping a Buy rating, according to Markets Insider.

Survey supports the upgrade

Citi linked the higher target to improving cybersecurity spending trends and growing investment connected with artificial intelligence deployments. The target change gives investors a concrete measure of the more optimistic view, but it does not change the distinction between an analyst estimate and CrowdStrike's reported results.

What does the quarter show?

CrowdStrike's fiscal second-quarter revenue reached USD 1.47 billion for the period ended July 31, 2026, up 26.00 percent from the prior-year quarter, while net income attributable to common shareholders was USD 5.3 million. The figures come from the standardized quarterly financial record and are consistent with the results discussion reported by Yahoo Finance.

The same quarter produced USD 5.84 billion in annual recurring revenue, up 25.00 percent year over year, and USD 332.8 million in net new annual recurring revenue, up 51.00 percent. The comparison matters because recurring revenue and new recurring revenue show whether the platform is expanding beyond one-time contract activity.

Three dated company developments

On August 26, 2026, CrowdStrike reported fiscal second-quarter revenue of USD 1.47 billion. On October 14, 2026, BTIG raised its price target to USD 312.00 from USD 245.00, as reported by Investing.com. On October 15, 2026, Citi raised its target to USD 295.00 from USD 260.00.

Upcoming company dates

CrowdStrike's official website lists an AI agent hackathon running through October 20, 2026, and Fal.Con Europe keynotes beginning November 3, 2026, according to CrowdStrike.

Premium valuation remains central

The primary Nasdaq listing had a market capitalization of USD 250.4 billion as of October 15, 2026. Its 52-week range was USD 85.68 to USD 286.99 on the same date, placing the business near the upper end of its annual trading range and leaving execution central to the analyst case.

CrowdStrike was trading at EUR 219.58 at Lang & Schwarz on October 16, 2026 at 10:04 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of CrowdStrike stock.