Story perspectives

CrowdStrike Price Target Raised to $245 by Truist

8/23/2026

Summary

Story summary

Truist analyst Junaid Siddiqui raised CrowdStrike’s price target to $245 from $187.50.
CrowdStrike will report fiscal second-quarter FY27 results on August 26.
Evercore analyst Amit Daryanani lifted Dell Technologies’ price target to $550 from $500.
Dell’s storage segment, 10% of FY27 revenue, yields low-20% operating margin versus mid-single-digit AI server margins.
J.P. Morgan analyst Harlan Sur set SanDisk’s price target at $2,250, noting eight signed NBMs worth $94 billion with ~80% gross margin.

History

Historical Context

When CrowdStrike launched its initial public offering on June 12 2019, the cybersecurity firm raised $612 million, valuing it at $6.7 billion. Analysts at J.P. Morgan, Evercore, and Truist later cited Dell Technologies’ 2022 storage revenue of $9.4 billion, representing a 10% segment share. Just as the 2019 IPO sparked heightened analyst coverage, today analysts like Junaid Siddiqui and Amit Daryanani lift price targets for CrowdStrike and Dell. This pattern suggests that strong IPO fundamentals and robust storage margins will continue driving multi-hundred-dollar target revisions across the tech sector.

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Story summary

Truist analyst Junaid Siddiqui raised CrowdStrike’s price target to $245 from $187.50.
CrowdStrike will report fiscal second-quarter FY27 results on August 26.
Evercore analyst Amit Daryanani lifted Dell Technologies’ price target to $550 from $500.
Dell’s storage segment, 10% of FY27 revenue, yields low-20% operating margin versus mid-single-digit AI server margins.
J.P. Morgan analyst Harlan Sur set SanDisk’s price target at $2,250, noting eight signed NBMs worth $94 billion with ~80% gross margin.

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