Evercore analyst Peter Levine maintains $CrowdStrike (CRWD.US)$ with a buy rating, and maintains the target price at $400.
According to TipRanks data, the analyst has a success rate of 54.8% and a total average return of 12.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $CrowdStrike (CRWD.US)$'s main analysts recently are as follows:
Following the fiscal Q3 report, Crowdstrike achieved a notable $1B milestone in revenue for the quarter, characterized by robust operating leverage in spite of costs associated with outages. The recent July outage has moderately impacted the near-term business momentum, an effect which analysts anticipate could extend influentially into Q4 renewals, potentially leading to a consolidation in the share price.
Following a significant outage, the company's robust customer retention and ongoing momentum in upselling and cross-selling are noteworthy. Initially, these efforts have impacted net new annual recurring revenue (nnARR) and free cash flow. Nevertheless, there's an expectation of alleviated pressures and accelerated growth in the latter half of FY26.
Crowdstrike has outperformed all guided metrics in the third quarter, and consistent Gross Retention supports the effectiveness of management's strategies. Additionally, the company has been successful in transforming challenges into opportunities. The proactive approach by management in acknowledging the reduced visibility in operations is also seen as appropriate.
Note:
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