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We recently compiled a list of the 10 Stocks That Became Analyst Favorites This Week. In this article, we are going to take a look at where CrowdStrike Holdings Inc. (NASDAQ:CRWD) stands against the other analysts favorites.
US stocks registered a green day on Tuesday with the Dow surging up 538 points to end 1.24% higher. S&P 500 and Nasdaq also posted gains of 0.88% and 0.64% respectively, showcasing the strength of the American economy.
As for individual stocks, analysts continue to evaluate businesses based on any public information they can gather. Some of these insights turn into stock upgrades or downgrades while others reiterate the positive or negative outlook on the stocks. We came up with a similar list of stocks that have received analyst approval this week.
To come up with the list of 10 stocks moving on analyst optimism, we considered stocks with a market cap of at least $10 billion.
Security personnel at their consoles, monitoring a global network of threats in real-time.
CrowdStrike Holdings Inc. (NASDAQ:CRWD)
CrowdStrike Holdings Inc. is a cybersecurity company that provides cloud workloads, cloud-delivered protection of endpoints, and other services. Its target price was upgraded from $300 to $370 by Scotiabank on the back of increasing demand for cybersecurity.
The company demonstrated solid performance by exceeding $1 billion in quarterly sales for the first time in the third quarter of FY2025. Revenue increased by 28.5% year-over-year. CRWD reached another key accomplishment in fiscal Q3 by surpassing the annual recurring revenue (ARR) milestone of $4 billion.
At the end of the quarter, The company had $4.33 billion in cash while debt was just $743 million, indicating stable financial health. Just last month, JP Morgan’s analysts showed their optimism and named CRWD as one of their ‘top picks’ for 2025. In the past five trading sessions, the stock went down but keeping in mind the milestones it has achieved in the latest quarter, investors should take this as an opportunity for long-term gains.
Overall CRWD ranks 7th on our list of the stocks that became analyst favorites this week. While we acknowledge the potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as CRWD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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