DA Davidson Raises Price Target for CrowdStrike Stock

Cybersecurity firm CrowdStrike sees positive forecast from investment firm

Published on Mar. 5, 2026

Investment firm DA Davidson has increased its price target for CrowdStrike (NASDAQ:CRWD) stock from $425 to $455, maintaining a 'buy' rating on the cybersecurity company's shares. This comes as CrowdStrike has seen strong financial performance, with the firm reporting better-than-expected earnings in its latest quarter.

Why it matters

CrowdStrike is a leading provider of cloud-based cybersecurity solutions, and its stock performance is closely watched by investors as an indicator of the broader cybersecurity market. The positive forecast from DA Davidson suggests continued confidence in CrowdStrike's growth potential amid rising demand for advanced security tools.

The details

In its report, DA Davidson cited CrowdStrike's strong product offerings and market position as reasons for the increased price target. The firm currently has a 'buy' rating and a new $455 price target on CrowdStrike's stock, up from the previous $425 target. This follows CrowdStrike's latest quarterly earnings report, in which the company beat analyst estimates for both revenue and earnings per share.

  • CrowdStrike reported its latest quarterly earnings on March 3, 2026.
  • DA Davidson issued its updated price target and rating on CrowdStrike on March 5, 2026.

The players

CrowdStrike

A cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. CrowdStrike provides cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against cyber threats.

DA Davidson

An investment firm that has issued a positive forecast and increased its price target for CrowdStrike's stock.

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The takeaway

The positive forecast from DA Davidson for CrowdStrike's stock price reflects the company's strong market position and growth potential in the cybersecurity industry. As demand for advanced security solutions continues to rise, CrowdStrike's cloud-based platform positions it well to capitalize on this trend and deliver value for investors.