CrowdStrike (CRWD) Stock Prediction: $359 Bull Case vs $118…
By Tobi Opeyemi Amure
AI summary of the source article
CrowdStrike’s shares closed at $270.04 on October 2, 2026, exceeding the average analyst target of $235.67 tracked by S&P Global. Following second-quarter fiscal 2027 revenue of $1.471 billion and an ending ARR of $5.84 billion, management raised full-year net-new ARR growth guidance by 630 basis points to 34% at the midpoint. Based on projected fiscal 2027 ending ARR of approximately $6.61 billion and net cash of $4.27 billion, scenario analyses suggest valuation targets ranging between $118 at 18 times ARR to $359 at 56 times ARR, compared to the current 42 times multiple.
Why it matters
The valuation scenarios illustrate how CrowdStrike's ARR growth trajectory and AI-driven cybersecurity demand influence public equity multiples compared to consensus analyst targets.
Key facts
- CrowdStrike reported second-quarter fiscal 2027 revenue of $1.471 billion, up 26%, with ending ARR reaching $5,841.4 million.
- Management raised full-year fiscal 2027 net-new ARR growth guidance by 630 basis points to 34% at the midpoint.
- Valuation models estimate a bull case of $359 at 56 times fiscal 2027 ARR and a bear case of $118 at 18 times ARR.