CrowdStrike (CRWD) Stock Forecast & Price Target

CrowdStrike Holdings has demonstrated robust growth, particularly with its Falcon Shield platform, which experienced a record net new ARR increase of over 50% sequentially in F3Q26, complemented by an impressive year-over-year growth in new ARR of approximately 30% in 3Q. Management has raised its full-year revenue guidance, reflecting strong platform adoption driven by its Flex model, with notable momentum in endpoint, cloud, and next-gen security offerings. Furthermore, the company is poised for continued growth, underpinned by the rising demand for cloud-based security solutions, an expanding large enterprise customer base, and a strategic focus on new product development, particularly those harnessing AI technology.

CrowdStrike Holdings faces significant downside risks that may adversely affect its stock outlook, driven by softening macroeconomic conditions leading to delayed deals and falling conversion rates. The company is contending with strong competition from firms like Microsoft and SentinelOne, which may hinder new customer growth and retention in an already saturated market. Additionally, a potential slowdown in revenue growth combined with the challenges of expanding its Falcon platform adoption raises concerns about the company's ability to balance margin expansion with necessary investments for long-term growth.