10 AI Stocks Making Big Moves Today

7. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 77

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. On March 3rd, Canaccord raised the firm’s price target on the stock to $420 from $370 and kept a “Buy” rating on the shares. Analyst Michael Walkley highlighted several factors leading to the bullish outlook, particularly Crowdstrike’s engagement with customers and the expansion of its product platform, including the introduction of Flex packaging initiatives.

The company has been strengthening relationships with existing customers since July and is now viewed as a robust security platform and potential business partner by prospective customers. The company’s “Falcon” is the AI-powered, cloud-based security platform that protects against cyberattacks, malware, ransomware, and other threats.