CrowdStrike (NASDAQ:CRWD) Price Target Raised to $575.00

by · The Markets Daily

CrowdStrike (NASDAQ:CRWD – Free Report) had its price target upped by Needham & Company LLC from $535.00 to $575.00 in a research note published on Wednesday morning, Marketbeat reports. They currently have a buy rating on the stock.

Several other research analysts have also recently weighed in on CRWD. Citigroup restated an “outperform” rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. Royal Bank Of Canada boosted their target price on CrowdStrike from $540.00 to $621.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 12th. BMO Capital Markets raised their price target on CrowdStrike from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, September 18th. Barclays lifted their price objective on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Finally, Wedbush restated an “outperform” rating and set a $600.00 target price on shares of CrowdStrike in a research report on Monday, December 1st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $556.44.

Check Out Our Latest Research Report on CrowdStrike

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $512.03 on Wednesday. The business has a fifty day moving average of $515.01 and a 200-day moving average of $479.49. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.88 and a current ratio of 1.81. CrowdStrike has a twelve month low of $298.00 and a twelve month high of $566.90. The firm has a market cap of $128.50 billion, a PE ratio of -406.37, a price-to-earnings-growth ratio of 122.64 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the company posted $0.93 EPS. The company’s quarterly revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, equities research analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Johanna Flower sold 2,347 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total value of $1,152,330.06. Following the completion of the sale, the director owned 79,057 shares of the company’s stock, valued at approximately $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 5,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the completion of the sale, the director owned 765,456 shares in the company, valued at approximately $421,153,891.20. This trade represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 110,372 shares of company stock worth $55,996,956. 3.32% of the stock is owned by company insiders.

Institutional Trading of CrowdStrike

Several hedge funds have recently added to or reduced their stakes in CRWD. Disciplined Equity Management Inc. boosted its stake in shares of CrowdStrike by 0.8% in the third quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company’s stock valued at $1,179,000 after buying an additional 20 shares during the period. TD Private Client Wealth LLC lifted its position in shares of CrowdStrike by 6.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 334 shares of the company’s stock valued at $164,000 after acquiring an additional 20 shares during the period. Financially Speaking Inc grew its holdings in shares of CrowdStrike by 26.7% during the 3rd quarter. Financially Speaking Inc now owns 95 shares of the company’s stock worth $47,000 after purchasing an additional 20 shares in the last quarter. Catalyst Financial Partners LLC increased its position in shares of CrowdStrike by 1.6% in the third quarter. Catalyst Financial Partners LLC now owns 1,246 shares of the company’s stock worth $611,000 after purchasing an additional 20 shares during the period. Finally, Fire Capital Management LLC raised its stake in CrowdStrike by 1.7% in the third quarter. Fire Capital Management LLC now owns 1,239 shares of the company’s stock valued at $608,000 after purchasing an additional 21 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

About CrowdStrike

(Get Free Report)

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.

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