Canaccord Genuity analyst Kingsley Crane reiterated a Hold rating, while cutting the price target form $515 to $400.
Needham analyst Mike Cikos maintained a Buy rating, while slashing the price target from $575 to $475.
Cantor Fitzgerald analyst Jonathan Ruykhaver reaffirmed an Overweight rating and price target of $520.
Rosenblatt Securities analyst Catharine Trebnick maintained a Buy rating and price target of $555.
Guggenheim Securities analyst John DiFucci reiterated a Neutral rating on the stock.
Check out other analyst stock ratings.
Canaccord Genuity: CrowdStrike reported record quarterly results, with net-new ARR (annual recurring revenues) up 47% year-on-year to $331 million, Crane said in a note. The net-new ARR also represented a significant acceleration from the previous quarter's $263 million, he added.
With three consecutive quarters of accelerating net-new ARR growth, the company ended the year with ARR of $5.25 billion, the analyst stated. "Module adoption remains high and continues to show validation points on the single platform strategy," he further wrote.
Needham: CrowdStrike reported strong quarterly results, with 25.3% sequential growth in net-new ARR, Cikos said.
The analyst stated that CrowdStrike's emerging solutions continued to deliver strong growth:
Cloud Security ARR ...
