CrowdStrike (CRWD) Stock Forecast & Price Target

CrowdStrike Holdings is projected to experience sustainable growth exceeding 20% in the coming years, supported by a robust sales pipeline and successful product introductions within its Falcon platform. The company's innovative Falcon Flex pricing model is expected to enhance up-selling and cross-selling opportunities, potentially increasing customer adoption from 20% to 35-40% within six months. Additionally, CrowdStrike's expanding partnership with Zscaler and positive demand trends highlight significant opportunities in identity security and next-generation security information and event management (SIEM) solutions, which suggest favorable revenue and margin expansion prospects.

CrowdStrike Holdings has experienced a decline in net revenue retention (NRR), dropping from 119% in the first quarter of fiscal year 2025 to 112% in the fourth quarter, indicating potential challenges in retaining and expanding existing customer relationships. The company's decision to cease disclosing subscription customer counts raises concerns about transparency and growth metrics. Additionally, external factors, such as a softening macroeconomic environment and intensified competition from major players like Microsoft, are contributing to projected revenue growth slowdowns, leading to a potential compression in revenue and margins.