Needham Raises CrowdStrike (CRWD) Price Target to $310

Needham has reaffirmed its Buy rating for CrowdStrike, setting a price target of $310, a 36.13% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 1:56 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Needham raised its price target on CrowdStrike Holdings, Inc. ($CRWD) to $310 from $250 on October 9, 2026, and rates the stock "Buy".

Since the rating, $CRWD is down 17.3% after 1 week and down 17.3% to date (from the $275.04 close on Oct 9, 2026).

CRWD CrowdStrike Holdings, Inc.

$227.39 +100.54% year to date

Daily close · Oct 16, 2026

Key Points

On October 9, 2026, Needham reiterated its Buy rating on CrowdStrike Holdings, Inc. (CRWD) with a new price target of $310, up from $250.
Needham's $310 price target implies 36.13% upside from CrowdStrike Holdings, Inc.'s ($CRWD) current $227.73 share price.
As of October 16, 2026, CrowdStrike is trading at $227.73, which is about 26.5% below Needham's target.
CrowdStrike has a market cap of approximately $250.4 billion and reported a revenue growth of 25.8% year-over-year.

Get $CRWD trade alerts by text

We text you when insiders, Congress or big funds trade $CRWD. Free.

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

Needham has reaffirmed its Buy rating for CrowdStrike Holdings, Inc. (CRWD) on October 9, 2026, raising its price target from $250 to $310. This means that the firm sees significant upside potential for the stock based on its current performance and future outlook.

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 increasing its stake by 472,366 shares. Vanguard Capital Management LLC owns 16,205,746 shares worth approximately $3.68 billion, having added 241,067 shares. State Street Corporation increased its holdings by 446,604 shares, bringing its total to 11,583,850 shares valued at around $2.63 billion. Invesco Ltd. also grew its stake by 735,142 shares to 8,392,874 shares worth about $1.91 billion. JPMorgan Chase & Co. significantly boosted its position, adding 4,586,024 shares for a total of 8,174,463 shares valued at around $1.86 billion.

CrowdStrike Holdings, Inc. Stock Down 8.6%

As of October 16, 2026, CrowdStrike is trading at $227.73, which is below its 50-day moving average of $232.08 by about 1.9%. The stock is also approximately 20.6% below its 52-week high of $286.99. Although it trades above its 52-week low of $85.68, the recent price is still under the mean analyst target of $246.15, indicating potential for growth.

12-month forecast

$CRWD price target

CrowdStrike Holdings, Inc. daily closes and this analyst's $310 target. Not advice.

Recent Earnings

CrowdStrike reported trailing twelve-month revenue of about $5.40 billion and a net margin of 0.8%. The company's earnings per share (EPS) stands at $0.06. The next earnings report is expected on December 1, 2026, which will provide more insights into its financial performance.

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.

Recent insider transactions show that George Robert Kurtz, the CEO, sold shares totaling 20,000 on October 5 and 20,000 on October 7, with values of approximately $5.42 million and $5.49 million, respectively. On October 12, he sold an additional 28,920 shares valued at about $7.72 million. He also sold 1,080 shares on the same day for around $294,634.

Analysts Set New Price Targets

On October 8, 2026, BMO Capital maintained an Outperform rating with a price target of $295, up from $235. Amerx initiated coverage with an Underweight rating and a target of $212. Needham's reiterated Buy rating includes its new target of $310. Following that, Wells Fargo maintained an Overweight rating with a target of $300 on October 13, and Freedom Broker maintained a Buy rating with a target of $320 on October 14.

About CrowdStrike

CrowdStrike Holdings, Inc. provides cybersecurity solutions that protect endpoints, cloud workloads, identities, and data through a subscription-based model. The company operates in the technology sector and has grown significantly, with a focus on innovative security solutions.

Bottom Line

Investors should watch for CrowdStrike's upcoming earnings report on December 1, 2026, and any further updates from analysts regarding the stock's performance and outlook.