Canaccord Genuity Group Forecasts Strong Price Appreciation for CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike (NASDAQ:CRWD) had its price objective upped by analysts at Canaccord Genuity Group from $500.00 to $515.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 0.37% from the stock’s previous close.

CRWD has been the subject of several other reports. JPMorgan Chase & Co. upped their target price on shares of CrowdStrike from $500.00 to $580.00 and gave the company an “overweight” rating in a research note on Monday. JMP Securities boosted their price objective on shares of CrowdStrike from $500.00 to $550.00 and gave the stock a “market outperform” rating in a report on Tuesday, September 23rd. Barclays raised their target price on CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Piper Sandler lifted their target price on CrowdStrike from $450.00 to $520.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CrowdStrike in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $555.51.

CrowdStrike Price Performance

CRWD stock opened at $513.12 on Wednesday. The firm has a market cap of $128.77 billion, a P/E ratio of -407.24, a price-to-earnings-growth ratio of 123.56 and a beta of 1.09. 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 1 year low of $298.00 and a 1 year high of $566.90. The stock has a 50-day simple moving average of $514.40 and a 200-day simple moving average of $479.02.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $0.93 EPS. CrowdStrike’s revenue for the quarter was up 21.8% on a year-over-year basis. 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 analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CrowdStrike news, Director Johanna Flower sold 2,347 shares of the firm’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 sale, the director owned 79,057 shares in the company, valued at approximately $38,815,405.86. This trade 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 can be accessed through this link. Also, CEO George Kurtz sold 6,975 shares of CrowdStrike stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $549.89, for a total value of $3,835,482.75. Following the sale, the chief executive officer directly owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. This trade represents a 0.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have 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 large investors have recently added to or reduced their stakes in the business. Asset Planning Inc acquired a new position in CrowdStrike during the 3rd quarter worth $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of CrowdStrike during the third quarter valued at about $25,000. Anchor Investment Management LLC acquired a new stake in CrowdStrike in the third quarter worth about $25,000. AlphaQuest LLC bought a new position in CrowdStrike in the 2nd quarter valued at about $26,000. Finally, Logan Capital Management Inc. acquired a new position in CrowdStrike during the 3rd quarter valued at about $26,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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.