CrowdStrike Holdings, Inc. (NASDAQ:CRWD) saw its price target raised to $555 from $500 by BMO Capital following strong third quarter fiscal year 2026 results. Revenue grew 22% year over year to $1.23 billion, with ARR up 23% to $4.92 billion. The company expects 20-22% revenue growth for the full fiscal year.

BMO Capital praised CrowdStrike for exceeding expectations and highlighted its diverse cybersecurity portfolio. Despite being a top security firm, the company’s valuation places it lower in the firm’s Outperform-rated names list. CrowdStrike specializes in AI-driven endpoint and cloud workload protection.

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Read more at Yahoo Finance: CrowdStrike (CRWD) Delivers Upside Across Metrics; BMO Lifts Target to $555