Overview
- CRWD rose roughly 17% over the first six trading days of March after a modest earnings beat and firm guidance fueled renewed buying.
- Morgan Stanley upgraded the shares to Overweight, set a $510 price target, and cited platform momentum including strong share gains in endpoint security.
- CrowdStrike reported Q4 revenue of $1.31 billion, full‑year revenue of $4.81 billion, and ended the year with $5.25 billion in ARR driven by a record $1.01 billion in net new ARR.
- Citi trimmed its target to $525 while keeping a Buy rating, reflecting ongoing valuation debate as the stock trades near 15x projected 2027 sales with roughly 70% Buy ratings tracked by FactSet.
- The company announced a partnership to run its Falcon platform natively on Schwarz Digits’ STACKIT European sovereign cloud to help customers meet EU data‑sovereignty and regulatory requirements.