Cybersecurity is entering a new phase, and CrowdStrike (CRWD) is emerging as one of the key names to watch. The endpoint security specialist has seen its stock climb sharply over the past year as businesses increasingly rely on its Falcon platform to defend their networks and endpoints, including computers and smartphones, against increasingly sophisticated cyberattacks. Now, the rapid evolution of artificial intelligence (AI) is adding another layer to the story.
As AI models become more capable, they are also creating new cybersecurity risks, making protection more important for companies deploying the technology. Analysts are taking note of the opportunity. This week, former Wedbush analyst Dan Ives highlighted his top five technology picks through 2027, and CrowdStrike made the list. Ives assigned CRWD stock a $335 price target, pointing to rising cybersecurity needs as companies increasingly deploy AI agents.