From Yahoo Finance: 2025-05-07 14:33:00

Japanese bank Mizuho Securities increased its price target on CrowdStrike (CRWD) to $425 from $410. Mizuho remains positive on CRWD’s leadership team despite a 5% workforce reduction. The company expects its first-quarter financial results to meet or exceed previous guidance, with a high gross margin of almost 75%.

Mizuho believes CRWD’s management team is thoughtful and focused on profitably scaling the business. They praised the company’s marketing strategy, cloud security platform, and expansion into new IT security markets. Analysts expect CRWD’s EPS to decrease in 2025 but jump in 2026. The stock has gained 12% in the last month and 1% in the last six months.

While CRWD shows promise, Mizuho emphasizes AI stocks for potentially higher returns in a shorter timeframe. They recommend checking out a report on the cheapest AI stock for more promising investment opportunities. The article was originally published at Insider Monkey.

Read more: Price Target on CrowdStrike (CRWD) Raised by Japanese Bank After Layoffs