CrowdStrike (NASDAQ:CRWD) Earns Buy Rating from BTIG Research

CrowdStrike (NASDAQ:CRWD)‘s stock had its “buy” rating reiterated by equities researchers at BTIG Research in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $640.00 price objective on the stock. BTIG Research’s price target points to a potential upside of 24.73% from the company’s previous close.

CRWD has been the topic of several other research reports. New Street Research set a $460.00 price target on CrowdStrike in a research note on Thursday, August 28th. Capital One Financial increased their target price on shares of CrowdStrike from $519.00 to $599.00 and gave the stock an “overweight” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. boosted their price target on shares of CrowdStrike from $500.00 to $580.00 and gave the company an “overweight” rating in a report on Monday. Stephens upped their price target on shares of CrowdStrike from $525.00 to $590.00 and gave the stock an “overweight” rating in a research report on Thursday, October 9th. Finally, Wedbush reissued an “outperform” rating and set a $600.00 price objective on shares of CrowdStrike in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $555.51.

CrowdStrike Trading Down 2.1%

Shares of CRWD opened at $513.12 on Wednesday. The firm has a market capitalization of $128.77 billion, a price-to-earnings ratio of -407.24, a PEG ratio of 123.56 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.88. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. The company has a 50-day moving average of $514.40 and a 200 day moving average of $479.02.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results 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 the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm posted $0.93 earnings per share. The company’s revenue 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, research analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 220,424 shares of the company’s stock, valued at approximately $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 5,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.20, for a total value of $2,751,000.00. Following the sale, the director owned 765,456 shares in the company, valued at $421,153,891.20. The trade was a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 110,372 shares of company stock valued at $55,996,956. Corporate insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

Several large investors have recently bought and sold shares of CRWD. Asset Planning Inc purchased a new stake in shares of CrowdStrike during the third quarter valued at $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in CrowdStrike in the 3rd quarter worth $25,000. Anchor Investment Management LLC acquired a new stake in CrowdStrike during the 3rd quarter worth about $25,000. AlphaQuest LLC acquired a new stake in CrowdStrike during the 2nd quarter worth about $26,000. Finally, Logan Capital Management Inc. purchased a new stake in CrowdStrike during the 3rd quarter valued at about $26,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

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.