Crowdstrike (CRWD) stock is up 3% during Tuesday’s trading session, with some experts suggesting now is the time to buy into CRWD. The cybersecurity company received a rating upgrade from analysts at BTIG, driving investor optimism up. In the past week, CRWD is up 6%, showing promise amid the stock market picking back up.
BTIG analyst Gray Powell says he expects CrowdStrike stock to rebound in a key financial metric — annual recurring revenue, or ARR. “With the July 19, 2024 IT outage now eight months in the rearview mirror, we think CrowdStrike has much better visibility on forecasts,” Powell said in a report to investors. Now that the global IT outage is behind them and no longer a concern, there is renewed hype around CRWD after the stock has a slow 2024.
The research note from BTIG said that CrowdStirke “has demonstrated its dominance in the core endpoint security target market,” according to a report from Investing.com. BTIG believes ARR growth will accelerate in the second half of 2026, reaching $6.2 billion to $6.6 billion in FY27 and eventually reaching $10 billion before CrowdStrike’s target of 2031. A breakthrough from the company’s initial forecast means good things for CRWD stock potential in the near future.
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Several stock experts are also revising their forecasts for Crowdstrike (CRWD) stock. CRWD is trading near the top of its 52-week range and above its 200-day simple moving average, signaling a potential breakout. Analysts at CNN have given new insight into how the stock may perform over the remainder of 2025. Out of 52 analysts polled by CNN, 73% suggest buying the stock, while 25% suggest holding, and only 2% suggest selling.
CrowdStrike’s shares are quite volatile and have had 17 moves greater than 5% over the last year. In that context, today’s move indicates that there is solid momentum behind CRWD stock, but not game-changing. While the recovery from last year’s outage is a huge plus, the stock remains expensive, currently trading at a forward price-to-earnings ratio (P/E) of more than 100.