RBC Capital Reiterates Outperform Rating on CrowdStrike Holdings (CRWD)

RBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $510.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst commented: "CrowdStrike delivered good results and a favorable ARR outlook against mixed investor expectations. NNARR accelerated back to growth sooner than expected and guidance now calls for 40%+ 2H/26 NNARR growth and 22%+ FY/26 ARR growth. The combination of early NNARR acceleration and Re-Flex success gives us confidence in backhalf acceleration and momentum continuing into FY/27. That said, there will continue to be questions around the divergence between ARR and subscription revenue as CCP impacts contra revenue. Maintain our OP rating and $510 PT."

For an analyst ratings summary and ratings history on CrowdStrike Holdings click here. For more ratings news on CrowdStrike Holdings click here.

Shares of CrowdStrike Holdings closed at $422.61 yesterday.

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