10 AI Stocks on Wall Street’s Radar Right Now

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 February 27, Rosenblatt analyst Catharine Trebnick raised the firm’s price target on the stock to $450 from $385 and kept a “Buy” rating on the shares. The firm anticipates Crowdstrike to meet or exceed the Q4 revenue estimate of 22% year-over-year growth. Conversations with the chief information security officers in January and four resellers suggest that outage impact is now limited, and there is minimal customer churn. This is because customers are choosing to add modules to extend the terms of their contracts.