Truist Lifts CrowdStrike Target to $245 Ahead of Aug Q2 Print
Aug 23, 2026, 11:01 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
A fresh PT uplift to $245 and a cited earnings catalyst typically pressure shorts and attract buyers ahead of the print; historically, such upgrades and catalysts have led to near-term upside for CRWD if results align with raised expectations.
AI summary
What happened, with direct paths to the underlying reporting
Analysts remain bullish on AI beneficiaries, with CrowdStrike singled out as a top pick ahead of its Aug 26 Q2 FY27 results. Truist raised CRWD's target to $245, citing Falcon Flex adoption and healthy large-deal activity, suggesting near-term upside if ARR growth persists and AI demand remains robust.
CRWD highlighted as a top analyst pick with Q2 FY27 due Aug 26.
Truist lifts CRWD target to $245 ahead of earnings.
Falcon Flex adoption and large deals underpin growth outlook.
AI infrastructure demand cited as a key longer-term driver.
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