TD Cowen raises target for CrowdStrike stock from USD 250 to USD 280

Published on 10/02/2026 at 15:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 1.47 billion, up 25.80 percent year over year. CrowdStrike stock costs EUR 239.08 versus EUR 236.90 on October 2, 2026.

Redaktionsfoto des NASDAQ-Börsenparkets mit Technologie-Aktiencharts und Händlern — CrowdStrike Holdings Aktie US22788C1053 auf dem NASDAQ-Börsenparkett mit Technologiecharts und Händlern im Blickfeld, Illustration mit AI erstellt.

CrowdStrike (ISIN US22788C1053) was trading at EUR 239.08 at Lang & Schwarz on October 2, 2026, up 0.92 percent versus the prior close of EUR 236.90. Investing.com reports that TD Cowen raised its price target from USD 250 to USD 280 while maintaining a Buy rating. The target revision puts recurring-revenue growth at the center of the valuation debate.

TD Cowen lifts the valuation bar

TD Cowen cited demand for AI-related cybersecurity and continued consolidation onto CrowdStrike's Falcon platform. The firm also pointed to second-half fiscal 2027 net new annual recurring revenue growth of 29.50 percent in its assessment.

The latest operating figures give that view a measurable foundation. Zacks reported that revenue reached USD 1.47 billion in the fiscal second quarter of 2027, up 25.80 percent year over year, while non-GAAP earnings per share reached USD 0.31 and exceeded consensus by 6.90 percent.

ARR growth meets a higher hurdle

Ending annual recurring revenue reached USD 5.84 billion in the fiscal second quarter of 2027, while net new ARR reached USD 333.00 million and increased 51.00 percent year over year, according to Zacks. Falcon Flex ARR exceeded USD 2.29 billion and rose 101.00 percent year over year, showing that customers are expanding across modules rather than buying only a single security product.

Cash generation also strengthened the case for platform expansion. Operating cash flow reached USD 530.30 million as of July 31, 2026, up 59.30 percent year over year, while management guided fiscal 2027 revenue to USD 5.991 billion to USD 6.011 billion.

Stock remains near its yearly high

The Nasdaq-listed stock was last at USD 270.25 on October 2, 2026 at 9:57 a.m. ET. The same market snapshot showed a 52-week range of USD 85.68 to USD 273.50 and a market capitalization of USD 275.2 billion, leaving the valuation close to its yearly high while the new TD Cowen target remains above the latest US quote.

Price holds above prior close

CrowdStrike was trading at EUR 239.08 at Lang & Schwarz on October 2, 2026 at 5:41 p.m. CEST, plus 0.92 percent versus the Lang & Schwarz prior close of EUR 236.90 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of CrowdStrike stock.