BNP Paribas Exane Forecasts Strong Price Appreciation for CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike (NASDAQ:CRWD) had its target price upped by BNP Paribas Exane from $350.00 to $450.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage presently has a “neutral” rating on the stock. BNP Paribas Exane’s price target would suggest a potential downside of 12.30% from the company’s current price.

Several other equities research analysts have also recently weighed in on CRWD. Morgan Stanley increased their price objective on CrowdStrike from $475.00 to $515.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Robert W. Baird raised their price target on CrowdStrike from $490.00 to $550.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective on the stock. in a research report on Wednesday, September 24th. BTIG Research restated a “buy” rating and issued a $640.00 price objective on shares of CrowdStrike in a report on Wednesday. Finally, Oppenheimer lifted their target price on shares of CrowdStrike from $560.00 to $580.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $555.51.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $513.12 on Wednesday. The company’s fifty day simple moving average is $514.40 and its two-hundred day simple moving average is $479.02. CrowdStrike has a 12-month low of $298.00 and a 12-month high of $566.90. The firm has a market cap of $128.77 billion, a PE ratio of -407.24, a price-to-earnings-growth ratio of 123.56 and a beta of 1.09. The company has a quick ratio of 1.88, a current ratio of 1.81 and a debt-to-equity ratio of 0.18.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. CrowdStrike’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. As a group, equities analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In related news, CFO Burt W. Podbere sold 10,706 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.67, for a total value of $5,306,643.02. Following the sale, the chief financial officer owned 220,424 shares in the company, valued at $109,257,564.08. This represents a 4.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 110,372 shares of company stock valued at $55,996,956. 3.32% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CrowdStrike

Institutional investors have recently modified their holdings of the stock. Asset Planning Inc bought a new position in CrowdStrike in the 3rd quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in CrowdStrike in the third quarter worth about $25,000. Anchor Investment Management LLC bought a new position in shares of CrowdStrike in the third quarter worth approximately $25,000. AlphaQuest LLC bought a new position in shares of CrowdStrike in the second quarter worth approximately $26,000. Finally, Logan Capital Management Inc. purchased a new stake in shares of CrowdStrike during the third quarter valued at approximately $26,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

About CrowdStrike

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.