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CrowdStrike is Wedbush's top Cyber-AI pick for 2026.
Summary
Wedbush analysts led by Dan Ives named CrowdStrike a favored cybersecurity stock for 2026, citing its AI-enabled Falcon platform; they kept an Outperform rating and a $600 price target. The company reported Q3 fiscal 2026 revenue of $1.23 billion, above expectations.
Content
Wedbush analysts, led by Dan Ives, highlighted CrowdStrike as one of their preferred technology names for 2026. They pointed to the growing combination of cybersecurity and artificial intelligence and the role of CrowdStrike's Falcon platform. The firm maintained an Outperform rating and set a $600 price target, which implies notable upside from recent levels. Recent quarterly results showed revenue growth that slightly exceeded analyst expectations.
What was announced:
- Wedbush identified CrowdStrike as a favored Cyber-AI stock for 2026 and kept an Outperform rating with a $600 price target.
- The analysts emphasized CrowdStrike's Falcon platform and efforts to integrate AI into its security offerings.
- CrowdStrike reported Q3 fiscal 2026 revenue of $1.23 billion, up 22.2% year-over-year and modestly above analyst estimates.
- The company is a large-cap cybersecurity provider with a market value reported near $121.31 billion and a 52-week gain of about 34% from a year ago.
- The stock trades at a high valuation relative to peers, with a price-to-non-GAAP-earnings multiple well above the industry average.
Summary:
Analysts view continued AI integration and the Falcon platform's subscription momentum as supporting factors for CrowdStrike's position in the cybersecurity market. Undetermined at this time.
