Reported 1 day ago
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is being closely monitored by analysts as it has projected an annual recurring revenue (ARR) growth of more than 20% by fiscal year 2027, according to Morgan Stanley's Keith Weiss. Following the Fal.Con User Conference, Weiss raised the company's price target from $460 to $475, maintaining an Equal Weight rating. CrowdStrike's ambitious goal of reaching $20 billion in ARR by 2036, which is over four times its current revenue, highlights its strong position in AI-driven cybersecurity solutions.
Source: YAHOO