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CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is among the Best AI Stocks.
On July 7, UBS raised its price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $235 from $198. The firm is bullish on the stock and maintains a Buy rating.
On June 30, CNBC reported that CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and Palo Alto Networks posted their strongest quarter on record. Shares surged by 95% and 113%, respectively, between April and June as increasingly sophisticated artificial intelligence threats sparked demand for cybersecurity.
CrowdStrike CEO George Kurtz told analysts, “What the Mythos moment proved is that the world, starting from the frontier AI labs themselves, realized that AI needs a cybersecurity ecosystem. This was a Mythos inflection point.”
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CNBC said the companies became early partners in Anthropic’s Project Glasswing and OpenAI’s Daybreak initiatives. TD Cowen analyst Shaul Eyal commented, “They’re the best positioned to continue to gain market share from a product perspective. They have all the necessary ingredients.”
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cybersecurity solutions in the United States and internationally. It provides cloud-delivered protection of endpoints, cloud workloads, identity, and data through a software-as-a-service subscription-based model.
While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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