Keybanc Raises CrowdStrike (CRWD) Price Target to $265
Keybanc has reiterated its Overweight rating on CrowdStrike, raising its price target to $265 on October 16, 2026, a 16.59% upside from the current price.
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Keybanc raised its price target on CrowdStrike Holdings, Inc. ($CRWD) to $265 from $245 on October 16, 2026, and rates the stock "Overweight".
CRWD
CrowdStrike Holdings, Inc.
Key Points
- On October 16, 2026, Keybanc reiterated its Overweight rating on CrowdStrike Holdings, raising its price target from $245 to $265.
- Keybanc's $265 price target implies 16.59% upside from CrowdStrike Holdings, Inc.'s ($CRWD) current $227.30 share price.
- CrowdStrike shares recently traded at $226.34, which is about 14.6% below the new analyst target.
- The company has a market cap of approximately $250.4 billion and is scheduled to report earnings on December 1, 2026.
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Keybanc has reiterated its Overweight rating on CrowdStrike Holdings, Inc. (CRWD) and increased its price target from $245 to $265 on October 16, 2026. This comes as the stock is currently trading at $226.34, which is about 14.6% below the new target price. The firm maintains a positive outlook on the company's growth prospects, which are supported by its solid revenue growth.
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Other Institutional Activity in CrowdStrike
Several other institutional investors have also shown interest in CrowdStrike. Blackrock Inc. owns about 21.8 million shares, valued at approximately $4.97 billion, after increasing its holdings by 472,366 shares. Vanguard Capital Management LLC has 16.2 million shares worth about $3.69 billion, following a gain of 241,067 shares. State Street Corporation holds 11.6 million shares valued at approximately $2.63 billion, having increased its position by 446,604 shares.
CrowdStrike Holdings, Inc. Stock Down 8.8%
As of October 16, 2026, CrowdStrike shares are trading below their 50-day moving average of $232.08 by about 2.5%. However, the stock is above its 200-day moving average by 42%. Currently, it sits about 21.1% below its 52-week high of $286.99 but is significantly above its 52-week low of $85.68.
$CRWD price target
CrowdStrike Holdings, Inc. daily closes and this analyst's $265 target. Not advice.
Recent Earnings
CrowdStrike reported trailing twelve-month revenue of approximately $5.4 billion, reflecting a year-over-year growth of 25.8%. The company's earnings per share (EPS) stands at $0.06, indicating a net margin of 0.8% and a return on equity (ROE) 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.
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Forward outlook
29 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 1.0%. Revenue met estimates.
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Profit surprise
EBITDA missed by 65 percent. Operating income missed by 86 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
29 target raises, 1 target cut.
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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 Chief Executive Officer, sold a total of 62,000 shares across several transactions from October 5 to October 12, 2026. The total value of these sales amounts to approximately $15.5 million, but it is unclear at what prices these shares were sold.
Analysts Set New Price Targets
On October 16, 2026, Keybanc maintained its Overweight rating on CrowdStrike with a new price target of $265. This follows similar actions by other firms; for instance, Wells Fargo set a target of $300, while Citigroup has a target of $295. The consensus mean price target among analysts stands at $246.15 based on 50 opinions, indicating overall positive sentiment towards the stock.
About CrowdStrike
CrowdStrike Holdings, Inc. is a cybersecurity company that offers a range of solutions aimed at protecting endpoints, cloud workloads, identities, and data. The firm operates on a subscription-based model, providing its services both in the United States and internationally. The recent analyst rating from Keybanc highlights continued confidence in CrowdStrike's growth trajectory, especially as it prepares for its upcoming earnings report.
Bottom Line
Investors should watch for CrowdStrike's next earnings report on December 1, 2026, as it could provide further insights into the company's performance and prospects. Keybanc's reiterated Overweight rating and new price target reflect confidence in the firm's ability to drive growth in the competitive cybersecurity market.
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Source: Keybanc's rating change on $CRWD (Oct 16, 2026). Written by software, not financial advice. How we make alerts