Top 12 AI Stocks Taking Wall Street by Storm

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

Number of Hedge Fund Holders: 74   

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. On February 12, Truist analyst Joel Fishbein raised the firm’s price target on the stock to $460 from $385 and kept a “Buy” rating on the shares. The analyst noted that the effects of the July 19 Global IT outage are behind Crowdstrike.

The company has reported solid Q3 results, driven by more customers adopting its AI-native Falcon platform and increased demand for Falcon Flex deals, a flexible licensing agreement offering access to the entire CrowdStrike Falcon portfolio on a flexible basis. The firm also noted that Crowdstrike has built an adequate cushion in its guidance to account for delayed outbound prospecting. This has since fully resumed and is rising to pre-incident levels of response.