TD Cowen raises target for CrowdStrike stock to USD 280.00

Published on 10/05/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 26.00 percent to USD 1.47 billion in fiscal second quarter of 2027. CrowdStrike stock costs EUR 240.68 on October 5, 2026 after EUR 240.10.

Redaktionsfoto des NASDAQ-Börsenparkets mit Technologie-Aktiencharts und Händlern — CrowdStrike Holdings Aktie US22788C1053 auf dem NASDAQ-Börsenparkett mit Technologiecharts und Händlern im Blickfeld, Illustration mit AI erstellt.

CrowdStrike stock was trading at EUR 240.68 at Lang & Schwarz on October 5, 2026 at 12:12 p.m. CEST, up EUR 0.58 or 0.24 percent versus the prior close of EUR 240.10. On October 2, 2026, TD Cowen raised its price target for CrowdStrike to USD 280.00 from USD 250.00 and kept a Buy rating, according to Markets Insider.

TD Cowen lifts the target

The target increase represents 12.00 percent compared with the previous USD 250.00 level. TD Cowen analyst Shaul Eyal cited demand conditions that could help CrowdStrike exceed its second-half fiscal 2027 net new annual recurring revenue estimate, while AI traffic and Falcon platform consolidation support the case for higher recurring revenue.

The rating change came after a management meeting, and the note kept the Buy designation. The company is also scheduled to meet virtually with Benchmark on October 5, 2026, according to a Markets Insider report.

Revenue and ARR accelerate

CrowdStrike reported fiscal second-quarter 2027 revenue of USD 1.47 billion for the period ended July 31, 2026, up 26.00 percent from USD 1.17 billion a year earlier. The same quarter produced USD 5.84 billion of annual recurring revenue, a 25.00 percent year-over-year increase, according to Yahoo Finance.

Net new annual recurring revenue reached USD 333.00 million in fiscal second-quarter 2027, while operating cash flow reached USD 530.00 million. The figures give the analyst target a clear operating reference: growth remains measurable in both sales and recurring contracts.

Valuation meets execution

As of October 2, 2026, CrowdStrike had a USD 275.0 billion market capitalization. Its primary listing is Nasdaq under ticker CRWD, and the stock's 52-week range was USD 85.68 to USD 273.54, according to the finance data and company identification record.

The comparison is demanding. The latest annual recurring revenue figure of USD 5.84 billion is far below the equity value, so investors are weighing the 25.00 percent ARR growth rate against the premium implied by the market capitalization.

Price stays near the yearly high

The Nasdaq quote was last at USD 270.04 on October 2, 2026 at 4:00 p.m. ET, while the Lang & Schwarz price provides the German-market reference in euros. CrowdStrike's fiscal second-quarter operating result also included USD 5.01 billion of cash, giving the balance sheet a substantial liquidity cushion, according to Yahoo Finance.

At Lang & Schwarz, CrowdStrike was trading at EUR 240.68 on October 5, 2026 at 12:12 p.m. CEST, plus 0.24 percent versus the prior close of EUR 240.10 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of CrowdStrike stock.