CrowdStrike stock gained 1.48 percent as TD Cowen held at USD 280

Published on 10/04/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CrowdStrike stock was last at USD 270.04 on October 2, 2026, while TD Cowen kept its USD 280 target. Q2 revenue reached USD 1.47 billion, up 26 percent.

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CrowdStrike stock (ISIN US22788C1053) was last at USD 270.04 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up USD 3.95 or 1.48 percent from the prior close. TD Cowen maintained its Buy rating and USD 280 price target, keeping the latest move tied to both analyst confidence and the companys recent growth figures.

TD Cowen keeps USD 280 target

According to TradingView, TD Cowen maintained a Buy rating and a USD 280 target for CrowdStrike. The target stands USD 9.96 above the October 2 Nasdaq price, equal to 3.7 percent upside.

Analyst views remain spread across a wide valuation range. Yahoo Finance reported on September 18, 2026 that BofA lifted its target from USD 230 to USD 260 with a Neutral rating, while Stephens raised its target from USD 260 to USD 280 and kept an Overweight rating.

Q2 revenue reached USD 1.47 billion

The operating case rests on fiscal Q2 2027, when revenue rose 26 percent year over year to USD 1.47 billion. Net new annual recurring revenue reached a record USD 333 million, an increase of 51 percent from the year-earlier period, according to Yahoo Finance.

Management also raised fiscal 2027 revenue guidance to USD 5.99 billion to USD 6.01 billion and lifted net new ARR growth guidance by 630 basis points to 34 percent at the midpoint. For fiscal Q3 2027, the company expects revenue of USD 1.52 billion to USD 1.53 billion, creating a clear test for whether the Q2 acceleration continues.

Valuation sets a higher bar

CrowdStrike ended the October 2 session with a market capitalization of USD 275.0 billion and volume of 5,830,129 shares. Its USD 85.68 to USD 273.54 52-week range places the latest price USD 3.50 below the high, a gap of 1.3 percent.

That distance matters because the stock already prices in sustained execution. Revenue growth, fresh ARR and the raised full-year outlook support the premium, while the spread between a USD 132 Bernstein target and a USD 280 TD Cowen target shows that valuation judgments remain far apart.

Nasdaq price holds near yearly high

CrowdStrike stock was last at USD 270.04 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, with the 1.48 percent daily gain and the USD 275.0 billion market capitalization defining the latest market snapshot.