CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a Trending AI Stock on Wall Street. BTIG analyst Gray Powell reiterated a Buy rating with a $640.00 price target. Crowdstrike recently acquired SGNL & Seraphic, targeting the identity market and protecting AI workloads.

The SGNL acquisition for $740 million provides identity security and verification. Crowdstrike aims to capture incremental security budgets in the PAM market. The company sees potential in becoming a player in the IGA market in the future.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. While there is potential for CRWD as an investment, some AI stocks offer greater upside potential. Investors seeking undervalued AI stocks can explore other options.

Investors can find more insights on AI stocks on the market’s radar and hot AI stocks to keep on their radar. Disclosure: None.

Read more at Yahoo Finance: BTIG Sees Strategic Value in CrowdStrike’s (CRWD) SGNL, Seraphic Acquisitions