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CrowdStrike shares hit record $227.64, market cap tops $231 bn

The cybersecurity firm’s stock reached a 52‑week high of $227.64, up 105% over the past year, as analysts raise price targets amid strong Q2 recurring‑revenue growth.

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Priya Anand · Equities & Earnings Desk · 4 Sept 2026 · 20:09 · 1 min read
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CrowdStrike shares hit record $227.64, market cap tops $231 bn

CrowdStrike Holdings Inc. saw its shares climb to an all‑time and 52‑week high of $227.64, valuing the company at roughly $231 billion. Over the trailing twelve months the stock has risen 105.31%, while revenue grew 24% and gross profit margin held at 75%.

In the second quarter, the company reported net new annual recurring revenue of $332.8 million, a 51% year‑over‑year increase and the strongest growth since 2021. The results beat FactSet consensus expectations for revenue, operating income and other key metrics.

Analyst coverage turned more optimistic after the earnings beat. DA Davidson lifted its price target to $245 and kept a Buy rating. Benchmark reiterated a Buy with a $250 target. Bernstein raised its target to $119, citing the strong quarter and higher demand after the Mythos incident. Piper Sandler increased its target to $240, and RBC Capital lifted its target to $260, all maintaining Buy recommendations.

InvestingPro flagged the stock as overvalued at current levels, placing it on its Most Overvalued list, and noted that users can access more than 1,400 Pro Research Reports for U.S. equities. The story was published on 27 August 2026 at 20:32.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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