10 Hot AI News Updates Analysts are Monitoring

6. 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 5^th, TD Cowen analyst Shaul Eyal reiterated a “Buy” rating on the stock with a $450.00 price target. The firm is optimistic on the stock based on its strong financial performance and strategic positioning. In particular, the analyst highlighted CrowdStrike’s strong year-end performance, noting a 40% year-over-year increase in total FY25 contract value, reaching a robust $6 billion.

This growth was backed by a 25% rise in revenue and a 23% increase in Annual Recurring Revenue (ARR), both metrics surpassing market expectations. The company is also well-positioned to capitalize on the robust demand in cybersecurity and artificial intelligence. The company has been using AI across its operations, particularly in cloud and identity security, which has witnessed significant ARR growth. Furthermore, CrowdStrike has been managing to secure large deals, including over 20 transactions exceeding $10 million, which demonstrates its market strength.