CrowdStrike (NASDAQ:CRWD) Trading Up 2.5% on Better-Than-Expected Earnings

CrowdStrike (NASDAQ:CRWD)’s share price traded up 2.5% on Tuesday following a stronger than expected earnings report. The stock traded as high as $521.00 and last traded at $516.55. 4,739,375 shares changed hands during mid-day trading, an increase of 39% from the average session volume of 3,420,558 shares. The stock had previously closed at $504.13.

The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative return on equity of 2.20% and a negative net margin of 6.88%.The business’s revenue was up 21.8% compared to the same quarter last year. During the same period last year, the firm posted $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research reports. Piper Sandler increased their target price on shares of CrowdStrike from $450.00 to $520.00 and gave the company a “neutral” rating in a research report on Wednesday. UBS Group increased their price target on CrowdStrike from $580.00 to $590.00 and gave the stock a “buy” rating in a research note on Wednesday. BMO Capital Markets boosted their price objective on CrowdStrike from $500.00 to $555.00 and gave the company an “outperform” rating in a research note on Wednesday. Sanford C. Bernstein reiterated a “market perform” rating and set a $353.00 target price on shares of CrowdStrike in a research report on Wednesday. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $554.09.

Insider Transactions at CrowdStrike

In other news, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total value of $5,306,643.02. Following the transaction, the chief financial officer owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO George Kurtz sold 17,830 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares in the company, valued at $1,045,959,138.21. This trade represents a 0.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 110,372 shares of company stock worth $55,996,956. 3.32% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL lifted its position in CrowdStrike by 12.4% during the third quarter. Strategic Investment Solutions Inc. IL now owns 199 shares of the company’s stock valued at $98,000 after purchasing an additional 22 shares during the last quarter. Severin Investments LLC raised its position in shares of CrowdStrike by 4.3% during the 3rd quarter. Severin Investments LLC now owns 1,101 shares of the company’s stock valued at $540,000 after buying an additional 45 shares in the last quarter. Allworth Financial LP raised its position in shares of CrowdStrike by 24.7% during the 3rd quarter. Allworth Financial LP now owns 11,588 shares of the company’s stock valued at $5,682,000 after buying an additional 2,294 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of CrowdStrike by 2.7% during the 3rd quarter. IFP Advisors Inc now owns 17,694 shares of the company’s stock worth $8,677,000 after acquiring an additional 461 shares during the last quarter. Finally, Swiss Life Asset Management Ltd grew its position in CrowdStrike by 0.5% in the third quarter. Swiss Life Asset Management Ltd now owns 86,834 shares of the company’s stock worth $42,582,000 after acquiring an additional 463 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Trading Up 1.5%

The stock has a 50 day moving average of $513.60 and a 200 day moving average of $478.78. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market cap of $131.55 billion, a P/E ratio of -416.01, a PEG ratio of 121.77 and a beta of 1.09.

CrowdStrike Company Profile

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.