Needham raises target to USD 310 for CrowdStrike stock

Published on 10/09/2026 at 15:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CrowdStrike stock costs EUR 234.98 on October 9, 2026 versus EUR 234.70. Fiscal second-quarter revenue reached USD 1.47 billion after 26.00 percent growth.

Key points in brief

Needham raised its CrowdStrike price target to USD 310 from USD 250 on October 9, 2026.
CrowdStrike stock was trading at EUR 234.98 at Lang & Schwarz, plus 0.12 percent versus EUR 234.70.
Fiscal second-quarter revenue reached USD 1.47 billion, up 26.00 percent year over year.
The next earnings report is scheduled for December 1, 2026, after the market close.

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CrowdStrike stock (ISIN US22788C1053) was trading at EUR 234.98 at Lang & Schwarz on October 9, 2026 at 3:44 p.m. CEST. On October 9, Investing.com reported that Needham raised its CrowdStrike target to USD 310 from USD 250 while retaining a Buy rating.

Three target increases set the tone

On October 6, 2026, StoneX raised its target from USD 250 to USD 325, according to Gekko. On October 8, 2026, BMO Capital lifted its target from USD 235 to USD 295 and kept an Outperform rating, as Markets Insider reported. The October 9 Needham move therefore followed two other upward target revisions within three days.

What does the target reset imply?

The latest target changes contrast with valuation pressure. Needham's USD 310 target is 31.92 percent above the Lang & Schwarz price, calculated against EUR 234.98 only as directional context across currencies is not permitted; the target is therefore stated separately in USD. The operating case is more concrete: fiscal second-quarter revenue reached USD 1.47 billion, up 26.00 percent year over year, while net new annual recurring revenue reached USD 333.0 million, up 51.00 percent, according to Trefis.

Key dates for the next report

CrowdStrike's fiscal third quarter ends on October 31, 2026, and the next earnings report is scheduled for December 1, 2026, according to Gekko. The December report will test whether the company can sustain the 26.00 percent revenue growth and 51.00 percent net new annual recurring revenue growth recorded in fiscal second-quarter 2027.

Stock stays below its yearly high

At 3:44 p.m. CEST on October 9, 2026, the Lang & Schwarz quote was EUR 234.98, plus 0.12 percent versus the EUR 234.70 prior close. The primary listing is on Nasdaq, where the finance quote showed USD 265.53 at 1:57 p.m. UTC on October 9, 2026; the 52-week range was USD 85.68 to USD 286.99 and market capitalization was USD 270.4 billion on that date. The further course of trading is shown by the continuously updated real-time quote of CrowdStrike stock.