CrowdStrike's Scale And Profits Make It Rare Asset In Software: Analyst - Yahoo Finance

Scotiabank analyst Patrick Colville has upgraded CrowdStrike from Sector Perform to Sector Outperform, raising the price target from $440 to $600 following extensive customer feedback and management meetings at Fal.Con 2025.

CrowdStrike continues to strengthen its dominance in endpoint security while expanding into cloud protection and next-generation Security Information and Event Management (SIEM). The company's aggressive contract strategy following the 2024 Falcon outage has retained customers through discounted modules that are showing quick time to value. Large enterprises increasingly prefer CrowdStrike's comprehensive 31-module platform delivered through a single agent and console for cybersecurity stack consolidation.

• Strong revenue growth potential: Analyst projects CrowdStrike could achieve 25-30% annual recurring revenue growth by fiscal 2027, potentially ranking among fastest-growing software companies alongside Palantir, Snowflake, and Shopify
• Market expansion success: Company gaining significant traction in newer areas like vulnerability management, cloud security, and next-generation SIEM, displacing incumbent competitors
• Customer retention strategy: Discounted contracts following the 2024 outage are proving effective, with customers showing little interest in switching at renewal and providing strong foundation for future revenue growth