Top 10 AI Stocks on Wall Street’s Radar 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 19, Stifel raised the firm’s price target on the stock to $475 from $400 and kept a “Buy” rating on the shares. The rating has been issued ahead of the company’s fiscal Q4 report due after market close on March 4. According to the firm’s 28-respondent survey of resellers, results have improved nicely for Crowdstrike.

The AI-driven cybersecurity leader has been demonstrating year-over-year growth and outperformance levels improving sequentially. Indeed, Crowdstrike’s Q3 results were solid on the back of strong adoption of its AI-powered platform. Besides its outperformance levels, the firm said that faulty updates now have minimal impact on deal delays, competitive losses, and pricing concessions. The firm further said that resellers now anticipate Crowdstrike to emerge stronger from the event.