BTIG analyst Gray Powell increased CrowdStrike's price target from $499 to $621 and maintained a Buy rating ahead of Q1 FY27 results. The upgrade is based on positive channel checks showing growing enterprise adoption of CrowdStrike's platform consolidation strategy, including strong demand for its AI security and Falcon Flex subscription products. CrowdStrike, valued at about $146 billion, reported 22% revenue growth in FY26 and aims for $10 billion in annual recurring revenue long-term. Despite a high valuation and operating losses, the bullish outlook reflects confidence in CrowdStrike's ability to capture more enterprise security spending amid competition from Palo Alto Networks. Investors should watch the upcoming earnings report to validate this thesis before increasing exposure.
Palo Alto Networks' tech chief Lee Klarich warns that businesses face a narrow three-to-five-month window to strengthen cybersecurity defenses before AI-driven cyberattacks become widespread. Advanced AI models like Anthropic's Mythos and OpenAI's GP...
Carahsoft Technology Corp. and over 90 partners will exhibit cybersecurity, AI, OSINT, and other critical tech solutions at SOF Week 2026, held May 18-21 in Tampa, Florida. The event, hosted by USSOCOM and the Global Special Operations Forces Foundat...
The AI-driven stock rally is expanding beyond core AI companies to include AI-adjacent firms like Qualcomm, Datadog, and Oracle, with some stocks surging 20-70% in a month despite mixed earnings results. This broad enthusiasm has raised concerns abou...
In 2026, cybersecurity mergers and acquisitions are accelerating due to platform consolidation, AI disruption, and hyperscaler interest. Major deals like Cisco/Splunk and Google/Wiz have reset market expectations, while acquisitions by CrowdStrike an...
Anthropic developed Mythos, an AI model that identifies thousands of long-standing security vulnerabilities across major software platforms, prompting the company to restrict its release. This discovery led to an emergency meeting with US financial l...
