Bullish Takes from Investor Meetings; TP to $725

研报英文原文证据摘录

Bullish Takes from Investor Meetings; TP to $725

Deutsche Bank

Research

Rating Company Date

Hold CrowdStrike 23 June 2026

North America Reuters Bloomberg Rating Hold

United States CRWD.OQ CRWD US Price target (USD) 725.00 Price at 22 Jun 26 675.44

52-week range 782.17 – 350.25

TMT

Software Valuation & Risks

Bullish Takes from Investor Meetings; TP to

$725 BradResearchZelnickAnalyst

+1-212-250-8563

We had the pleasure of hosting President Michael Sentonas, Chief Accounting

Nasr Islam Officer Anurag Saha, VP Investor Relations & Strategic Finance Andy Nowinski, Research Associate

and Sr. Director Investor Relations Will Zelver for several investor meetings in San +1-212-250-6174

Francisco this week. Mr. Sentonas struck a confident tone on the broader cyber

demand environment as customers seek to safely adopt AI, accelerated by the

"Mythos moment" in April. As an industry-leading cyber platform, CRWD is well

positioned to capitalize on the forthcoming opportunity given its broad, unified Key changes

architecture, single agent design, and growing role as a strategic partner guiding Price target (USD) 670 725 8%

customers through AI transformations. While security architectures for the AI era Source: Deutsche Bank

are still being proven out, the company's vision and relentless innovation leads us

to have even greater confidence that CRWD will be an outsized share winner for

years to come. Accordingly, we raise our DCF-derived TP to $725 from $670

prior.

Herein, we outline key points from the meetings which should be of interest to

investors.

• "Mythos moment" accelerating an already favorable AI-driven cyber

demand environment - While security adoption has historically lagged

advancements in underlying technology, it is increasingly viewed as a