Goldman Sachs Aggressively Resets CrowdStrike Stock Price Target

Goldman Sachs raised its price target on CrowdStrike (CRWD) from $375 to $450, maintaining a Buy rating, after the company reported fiscal first-quarter 2027 results that exceeded expectations on every guided metric.

Rating Change

• Previous Rating: Buy
• Current Rating: Buy
• Previous Target: $375
• New Target: $450 (approximately 20% upside)

Analyst Rationale

The analyst noted that the quarter didn't just validate the thesis—it rewrote it. CrowdStrike beat revenue and profit guidance and raised its full-year outlook significantly, reinforcing confidence in its growth trajectory.

Context

The upgrade follows a strong stock performance, with shares up 15% in the past month. Other analysts, including Morgan Stanley, have also raised estimates, but Goldman Sachs is among the most bullish.

What to Make of It

The new target reflects cautious optimism, but investors should consider that the stock may already price in some of this upside.