CrowdStrike (CRWD) Hits All-Time High as Analysts Hail Cybersecurity Leadership
CrowdStrike Holdings surged 4% to a record high after Wedbush analysts labeled it the "gold standard" in cybersecurity and raised their price target to $575. The firm cited accelerating demand for AI-driven security solutions as enterprises prioritize defense against next-generation threats.
Recent channel checks reveal robust momentum for CrowdStrike's platform approach, with deal FLOW strengthening ahead of its upcoming earnings report. The stock has gained 7.7% since last quarter's results, outperforming the broader cybersecurity sector which has seen 78% YTD gains for peers like Cloudflare.
"CRWD remains at the forefront of securing the AI Revolution," Wedbush noted, highlighting artificial intelligence as both a growth driver and security imperative. The analysts observed accelerating adoption of CrowdStrike's threat detection systems as organizations retool infrastructure for the AI era.