11:50 AM EDT, 06/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We reiterate our Buy rating on CRWD and raise our target price to $517 from $478, on a EV/S of 26x our FY 26 sales view of $4.8B, above its 3-year average and at the high end of its software peer group on CRWD's market positioning in the cybersecurity industry, top-line growth profile (20%-plus), and anticipated ARR growth acceleration in 2H FY 26. While disappointing, its revenue miss and guide were primarily due to revenue recognition mechanics related to its CCPs. Importantly, underlying demand remains strong net new ARR of $194M came in better than expected as its Falcon Flex pricing strategy incentivizes faster module adoption, larger deal sizes, and shorter expansion cycles. We see the potential for ARR upside as CCP discounts expire and more customers shift to Falcon Flex. New product releases are also attractive in the current agentic environment, in our view, supporting momentum for Flex/Reflexes. We raise our FY 26 EPS forecast to $3.56 from $3.43 but keep our FY 27 EPS estimate at $4.74.