12:50 PM EDT, 08/28/2025 (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 raise our recommendation on shares of CRWD to Buy from Hold but lower our target price to $509 from $555, on an EV/S of 21x our FY 27 (Jan.) sales projection of $5.84B, above its three-year average and software peers. We lift our FY 26 EPS view to $3.70 from $3.56 and keep our FY 27 EPS forecast at $4.74. Subscription revenues of $1.103B (+20.1% Y/Y) and annual recurring revenue (ARR) of $4.66B (+20.5% Y/Y) in Q2 reflect strong execution and improving demand for its products. Net new ARR was $221M, up from $194M in the previous quarter, and CRWD affirmed its expectations for ARR reacceleration in 2H FY 26, forecasting net new ARR growth to be at least 40%. We think this is a solid indicator that underlying demand remains robust. The significant number of product launches and the new acquisition of Onum Security in Q2 also underscores its strategic focus on the AI opportunity that will drive upsell/cross-sell momentum. Multiples are also more attractive after recent share declines.