Wall Street Thinks CrowdStrike Is Set to Be an AI Winner. Should You Buy CRWD Stock Here?

CrowdStrike (CRWD) stock is enjoying some green days at a time when software stocks are facing existential threats due to AI. The main reason for the optimism is, of course, the recent earnings, but analysts have also come out with positive comments, reassuring investors that things aren’t as bad as many were portraying since last month. Some did revise their target prices lower but maintained a bullish stance on the company’s outlook.

Wedbush analyst Dan Ives maintained the company on the IVES AI 30 list, calling the firm “the gold standard of cybersecurity.” Ives believes the company’s Falcon platform doesn’t face a threat from AI. Instead, it becomes even more relevant in today's AI threat landscape. Evercore was more or less neutral, calling the company’s performance in line with expectations. Morgan Stanley maintained a bullish outlook, impressed by the company’s ability to scale its operations and continue its growth. While these developments are positive, they are made even more attractive thanks to the recent pullback in stock prices.