TD Cowen raises target for CrowdStrike stock to USD 280.00

Published on 10/06/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD Cowen kept Buy after a management meeting on October 5, 2026. CrowdStrike stock costs EUR 246.93 on October 6, 2026 versus EUR 242.90.

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CrowdStrike (ISIN US22788C1053) was trading at EUR 246.93 at Lang & Schwarz on October 6, 2026 at 1:09 p.m. CEST, up 1.66 percent from the EUR 242.90 prior close. According to Aktiencheck on October 5, 2026, TD Cowen raised its CrowdStrike target from USD 250.00 to USD 280.00 after a management meeting and maintained a Buy rating.

TD Cowen lifts the valuation bar

The change puts the new target USD 30.00 above the previous target, a 12.00 percent increase calculated from USD 250.00. TD Cowen analyst Shaul Eyal linked the revision to demand, expanding artificial intelligence traffic and customer consolidation on the Falcon platform, according to Aktiencheck.

Revenue and ARR provide the evidence

In the fiscal second quarter of 2027, CrowdStrike generated revenue of USD 1.5 billion, up 26.00 percent from the year-earlier period. Net new annual recurring revenue reached USD 333.0 million, up 51.00 percent year over year, while operating cash flow reached USD 530.0 million, according to Barchart.

The comparison matters because ARR measures the recurring subscription base, while net new ARR tracks fresh additions during the period. The 51.00 percent increase in net new ARR therefore outpaced total revenue growth by 25.00 percentage points, giving the analyst case a specific operating metric rather than only an artificial intelligence narrative.

Next report sets the next test

Zacks lists December 1, 2026 as CrowdStrike's next earnings release date. The company is expected to report fiscal third-quarter 2027 results for the period ending October 31, 2026, making the next update a direct test of whether recurring-revenue momentum can continue after the fiscal second-quarter surge.

Stock remains near its yearly high

CrowdStrike's primary Nasdaq quotation was in USD, with a 52-week range of USD 85.68 to USD 274.23 and a market capitalization of USD 277.6 billion as of October 5, 2026. The Lang & Schwarz euro quote was therefore below the converted upper end of the US range while remaining higher than the prior close, keeping the analyst target revision and the upcoming results date central to the near-term setup. The further course of trading is shown by the continuously updated real-time quote of CrowdStrike stock.