10 Hot AI Stocks to Watch Right Now

8. 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 26, Bank of America Securities analyst Tal Liani reiterated a “Buy” rating on the stock and increased the price target to $420.00.

The firm noted that there are some concerns regarding contract renewals and potential pressure on free cash flow, but the company is still expected to report earnings that align with street estimates. This positive outlook is due to the anticipated growth in core modules, along with successful cross-sell and up-sell strategies for the company.

Moreover, the firm highlights how customer retention remains strong and that the July 19 outage impact has become minimal. The company has also enhanced its competitive edge by expanding its cloud security domain and addressing key security risks. CrowdStrike Holdings, specializing in AI-powered cybersecurity solutions, is expected to reveal its earnings results next week.