Wells Fargo Raises CrowdStrike (CRWD) Price Target to $300

Wells Fargo has raised its price target for CrowdStrike to $300, maintaining an Overweight rating on the stock, a 31.73% upside from the current price.

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

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Wells Fargo raised its price target on CrowdStrike Holdings, Inc. ($CRWD) to $300 from $235 on October 13, 2026, and rates the stock "Overweight".

Since the rating, $CRWD is down 12.9% to date (from the $261.21 close on Oct 13, 2026).

CRWD CrowdStrike Holdings, Inc.

$227.39 +100.54% year to date

Daily close · Oct 16, 2026

Key Points

On October 13, 2026, Wells Fargo reiterated its Overweight rating on CrowdStrike Holdings, raising its price target to $300 from $235.
Wells Fargo's $300 price target implies 31.73% upside from CrowdStrike Holdings, Inc.'s ($CRWD) current $227.73 share price.
As of October 16, 2026, CrowdStrike trades around $227.73, which is below its 50-day moving average but above its 200-day average.
CrowdStrike has a market cap of about $250.4 billion, and its next earnings report is set for December 1, 2026.

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Wells Fargo has reiterated its Overweight rating on CrowdStrike Holdings, Inc. (CRWD) and raised its price target to $300 from $235. This update was made on October 13, 2026. The firm believes that CrowdStrike's growth potential justifies the higher target.

Other Institutional Activity in CrowdStrike

Several other institutional investors have also been active with CrowdStrike. BlackRock Inc. grew its holdings by 472,366 shares, ending with 21,846,397 shares worth about $4.97 billion. Vanguard Capital Management LLC increased its stake by 241,067 shares, bringing its total to 16,205,746 shares valued at approximately $3.68 billion. State Street Corporation added 446,604 shares, resulting in a total of 11,583,850 shares worth about $2.63 billion. Invesco Ltd. boosted its position by 735,142 shares, totaling 8,392,874 shares worth roughly $1.91 billion. JPMorgan Chase & Co. significantly increased its holdings by 4,584,024 shares, reaching 8,174,463 shares valued at about $1.86 billion.

CrowdStrike Holdings, Inc. Stock Down 8.6%

As of October 16, 2026, CrowdStrike's shares are trading around $227.73, which is below its 50-day moving average of $232.08 but well above its 200-day average of $159.39. The stock is about 20.6% below its 52-week high of $286.99, but it remains significantly above the 52-week low of $85.68. The recent price is also about 7.5% below the mean analyst price target of $246.15.

12-month forecast

$CRWD price target

CrowdStrike Holdings, Inc. daily closes and this analyst's $300 target. Not advice.

Recent Earnings

CrowdStrike reported trailing twelve-month revenue of approximately $5.40 billion, reflecting 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 scheduled for 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, with CEO George Robert Kurtz selling shares recently. On October 5, 2026, he sold 20,000 shares valued at about $5.42 million. He sold another 20,000 shares on October 7 for approximately $5.49 million. Additionally, on October 12, he sold 28,920 shares worth about $7.72 million and another 1,080 shares for about $294,634.

Analysts Set New Price Targets

On October 8, 2026, BMO Capital maintained its Outperform rating with a price target of $295.00. Needham also kept its Buy rating, raising its target to $310.00 from $250.00 on October 9. Following Wells Fargo's update, Freedom Broker maintained its Buy rating with a target of $320.00 on October 14.

About CrowdStrike

CrowdStrike Holdings, Inc. provides cybersecurity solutions through a cloud-based platform that protects endpoints, cloud workloads, identity, and data. The company operates under a subscription model, serving clients both in the U.S. and internationally. This reiteration of Wells Fargo's rating reflects confidence in CrowdStrike's ongoing growth in the cybersecurity sector.

Bottom Line

Investors should monitor CrowdStrike's next earnings report on December 1, 2026, for updates on its financial performance. With several analysts maintaining positive ratings and price targets, the stock's movements will be closely watched in the coming weeks.