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CrowdStrike hits record high after Wedbush hikes PT on growing customer base

ReutersJul 3, 2025 2:56 PM

Cybersecurity company CrowdStrike's CRWD.O shares hit record high, last up 3.6% at $514.10

Wedbush raises PT on stock to $575 from $525, representing ~16% upside to stock's last close

CRWD is gaining traction with customers and deals are progressing well - brokerage

AI is helping drive more demand for CRWD - brokerage

37 of 54 brokerages rate the stock "buy" or higher, 14 "hold" and 3 "sell" or lower; their median PT is $495 - LSEG

As of last close, stock up ~45% this year

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