Analyst Ellie Kearney lowers CRWD rating amid mixed outlook, diverging from 76% of analysts still bullish on the stock.
Arete analyst Ellie Kearney downgraded CrowdStrike Holdings (NASDAQ:CRWD) to Neutral from Buy, assigning a $730 price target. The move contrasts with 76% of analysts rating the stock a Buy, per CNN data, though the median target of $750 remains below its current $763.14 price.
CrowdStrike reported 24% annual recurring revenue growth to $5.51 billion in Q1 fiscal 2027, but Bernstein’s Peter Weed warned of potential ARR deceleration. Wells Fargo’s Michael Turrin recently raised his target to $725, citing strong platform security demand.
The downgrade reflects caution over operational challenges despite robust product demand, creating a split outlook among analysts.