Top 10 AI News Updates This Weekend

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

Number of Hedge Fund Holders: 74   

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in cloud-delivered endpoint and cloud workload protection.

On November 27, KeyBanc maintained its Overweight rating on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and a price target of $395.00. The AI-powered cybersecurity firm reported strong third-quarter results. Its revenue of $1.01 billion rose 29% year over year and surpassed the consensus mark of $982.3 million. The company reported over $600 million in Falcon Flex bookings for the quarter and demonstrated significant growth in its Security Information and Event Management (SIEM) offerings. To conclude, KeyBanc expressed confidence in CrowdStrike’s position as a leading player in streamlining security spending. This is reinforced by field insights that highlight strong customer loyalty to the AI-native Falcon platform.