KeyBanc raised the firm’s price target on CrowdStrike (CRWD) to $510 from $495 and keeps an Overweight rating on the shares. At the company’s investor briefing, CrowdStrike provided FY27 NNARR guidance of +20% year-over-year vs. consensus +14% year-over-year, introduced a FY36 ARR target of $20B, and demonstrated its strong position to secure agentic AI and provide an autonomous SOC leveraging its Falcon agent and broad, unified platform. Following the better FY27 guidance and the firm’s positive customer and partner checks from the floor, KeyBanc raises its FY27 ARR/revenue estimates to $6,320M/$5,759M from $6,249M/$5,725M.
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