Wall Street maintains a favorable outlook on CrowdStrike Holdings, Inc. (CRWD) despite widespread AI-driven anxiety in the software sector, projecting the stock could rise by as much as 70% in the coming months. CRWD shares fell nearly 4% on Tuesday amid investor concerns that accelerated AI advancements might diminish demand for conventional enterprise software, and dropped an additional 2% in after-hours trading. Year-to-date, CRWD stock is down about 12%, performing better than the Nasdaq’s over 17% drop, yet trailing the S&P 500’s marginal decline of just 0.1%. The iShares Expanded Tech-Software ETF (IX) plunged more than 2%, while ServiceNow, Autodesk, Salesforce, and Oracle also declined. Sentiment worsened when Palo Alto Networks downgraded its FY26 projections, causing a more than 8% dip in its shares during after-hours trading. Truist adjusted CrowdStrike’s price target from $600 to $550, forecasting a 33% upside while affirming a ‘Buy’ rating, and highlighted CrowdStrike alongside Zscaler as candidates poised for a “beat and raise” due to their “defensible moats for AI security.” Mizuho reduced its target to $490 from $540, implying an 18% upside, while maintaining a ‘Neutral’ rating and citing “material multiple compression” and “plainly dreadful” sector sentiment. Numerous brokerages