Citigroup Raises CrowdStrike (CRWD) Price Target to $295

Citigroup has reiterated its Buy rating on CrowdStrike, raising the price target to $295 from $260, a 29.78% upside from the current price.

By EarningsIQ Research Desk · Published Oct 15, 2026, 9:18 PM EDT · Updated Oct 16, 2026, 8:15 PM EDT

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Citigroup raised its price target on CrowdStrike Holdings, Inc. ($CRWD) to $295 from $260 on October 15, 2026, and rates the stock "Buy".

Since the rating, $CRWD is down 7.0% to date (from the $244.57 close on Oct 15, 2026).

CRWD CrowdStrike Holdings, Inc.

$227.39 +100.54% year to date

Daily close · Oct 16, 2026

Key Points

On October 15, 2026, Citigroup reiterated its Buy rating on CrowdStrike Holdings, raising the price target to $295 from $260.
Citigroup's $295 price target implies 29.78% upside from CrowdStrike Holdings, Inc.'s ($CRWD) current $227.30 share price.
As of October 16, 2026, CrowdStrike shares were recently trading around $226.34, which is about 8% below the new analyst target.
CrowdStrike has a market cap of approximately $250.4 billion and reported a revenue growth of 25.8% year-over-year.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated CrowdStrike Holdings, Inc. alert may contain errors. Disclosures

Citigroup has reiterated its Buy rating on CrowdStrike Holdings, Inc. (CRWD) and raised the price target to $295 from $260 on October 15, 2026. This marks a notable adjustment in the firm's outlook for the cybersecurity company, which provides cloud-based protection for endpoints and data.

Other Institutional Activity in CrowdStrike

Several other institutional investors have also shown interest in CrowdStrike. Blackrock Inc. holds 21,846,397 shares valued at about $4.97 billion, after adding 472,366 shares, a 2.2% increase. Vanguard Capital Management LLC increased its stake by 241,067 shares, bringing its total to 16,205,746 shares worth approximately $3.68 billion, a 1.5% rise. State Street Corporation added 446,604 shares, ending with 11,583,850 shares valued at about $2.63 billion, a 4.0% increase. Invesco Ltd. saw a 9.6% growth with an additional 735,142 shares for a total of 8,392,874 shares worth about $1.91 billion. Lastly, JPMorgan Chase & Co. increased its holdings significantly by 4,586,024 shares, totaling 8,174,463 shares valued at around $1.86 billion, a remarkable 127.8% increase.

CrowdStrike Holdings, Inc. Stock Down 8.8%

As of October 16, 2026, CrowdStrike shares were recently trading at $226.34, about 2.5% below its 50-day moving average of $232.08. The stock is currently 21.1% below its 52-week high of $286.99 but remains 164.2% above its 52-week low of $85.68. This positioning may suggest a strategic opportunity for investors, as the stock trades below the new analyst target.

12-month forecast

$CRWD price target

CrowdStrike Holdings, Inc. daily closes and this analyst's $295 target. Not advice.

Recent Earnings

CrowdStrike reported revenue of approximately $5.40 billion over the trailing twelve months, with a year-over-year revenue growth of 25.8%. The company's net margin stands at 0.8%, and it has a return on equity of 1.5%. The next earnings report is expected on December 1, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

C+ 64/100

Reported Jun 3, 2026

Forward outlook
29 target raises vs 1 cuts.
EPS & revenue
EPS beat estimates by 1.0%. Revenue met estimates.
Profit surprise
EBITDA missed by 65 percent. Operating income missed by 86 percent.
Pre-earnings setup
Expectations were about average.
Analyst signal
29 target raises, 1 target cut.
Earnings quality
Gross margin up 1.5 points. Operating margin up 9.1 points. Positive free cash flow.

Earnings Call Summary

CrowdStrike delivered record results with net new ARR of $221 million and ending ARR of $4.66 billion, up 20 percent year over year. The company beat all guided metrics, driven by artificial intelligence demand and strong Falcon Flex adoption with over 1,000 customers. Management announced the acquisition of ONEM to enhance next-generation SIEM with faster data processing and lower costs, positioning them for accelerated growth.

Guidance The company expects revenue between $4.7495 and $4.8055 billion for the full year, growing 20 to 22 percent. They guided for net new ARR to grow at least 40 percent in the second half and aim to exceed $5 billion in ending ARR by year-end.

Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.

Insider Buying and Selling at CrowdStrike Holdings, Inc.

Insider trading activity has been notable, particularly from CEO George Robert Kurtz, who sold 20,000 shares on October 5 and again on October 7, totaling around $5.42 million. On October 12, he sold another 28,920 shares valued at approximately $7.72 million, along with an additional 1,080 shares worth about $294,634, all transactions occurring before the recent analyst ratings.

Analysts Set New Price Targets

On October 9, 2026, Needham maintained a Buy rating with a target of $310, up from $250. Wells Fargo also maintained an Overweight rating with a target of $300, up from $235 on October 13. Freedom Broker and BTIG both maintained Buy ratings, with targets of $320 and $312 respectively, up from $260 and $245. Citigroup's recent target of $295 aligns with a growing consensus among analysts, who collectively suggest a mean target price of $246.15 based on 50 opinions.

About CrowdStrike

CrowdStrike Holdings, Inc. is a cybersecurity firm that provides a range of solutions to protect endpoints, cloud workloads, identities, and data, primarily through a subscription-based model. Founded in Austin, Texas, the company has grown rapidly, employing over 11,700 people and establishing a significant presence in the technology sector.

Bottom Line

Investors should pay attention to CrowdStrike's upcoming earnings date on December 1, 2026, as well as any further analyst updates following Citigroup's recent rating adjustment. With a strong revenue growth and a favorable analyst outlook, CrowdStrike continues to be a focal point in the cybersecurity market.