CrowdStrike (NASDAQ:CRWD) Earns “Market Outperform” Rating from Citizens Jmp

CrowdStrike (NASDAQ:CRWD)‘s stock had its “market outperform” rating reiterated by analysts at Citizens Jmp in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $500.00 target price on the stock. Citizens Jmp’s price target would indicate a potential downside of 2.56% from the company’s previous close.

Several other equities research analysts have also weighed in on CRWD. BMO Capital Markets upped their target price on shares of CrowdStrike from $500.00 to $555.00 and gave the stock an “outperform” rating in a report on Wednesday. Arete Research set a $706.00 price target on shares of CrowdStrike in a research report on Tuesday, October 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $630.00 price objective on shares of CrowdStrike in a research note on Wednesday. Jefferies Financial Group lifted their target price on shares of CrowdStrike from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Finally, Piper Sandler boosted their target price on CrowdStrike from $450.00 to $520.00 and gave the stock a “neutral” rating in a report on Wednesday. Two research 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $555.51.

CrowdStrike Stock Down 2.1%

NASDAQ CRWD opened at $513.12 on Wednesday. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. The company 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 stock’s 50 day moving average is $514.40 and its two-hundred day moving average is $479.02. The company has a current ratio of 1.81, a quick ratio of 1.88 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 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 business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the company earned $0.93 EPS. CrowdStrike’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. Equities analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the sale, the president directly owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The sale 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 firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the transaction, the chief executive officer directly 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. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 110,372 shares of company stock valued at $55,996,956 over the last ninety days. Company insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

A number of institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC grew its holdings in CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after acquiring an additional 2,417 shares during the period. New Age Alpha Advisors LLC boosted its position in shares of CrowdStrike by 100.0% in the 1st quarter. New Age Alpha Advisors LLC now owns 12,000 shares of the company’s stock worth $4,231,000 after purchasing an additional 6,000 shares during the last quarter. Advyzon Investment Management LLC bought a new position in shares of CrowdStrike in the 1st quarter worth $132,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of CrowdStrike by 292.9% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the company’s stock worth $78,000 after purchasing an additional 164 shares during the period. Finally, iA Global Asset Management Inc. increased its holdings in CrowdStrike by 2.1% in the first quarter. iA Global Asset Management Inc. now owns 25,741 shares of the company’s stock valued at $9,076,000 after purchasing an additional 536 shares during the last quarter. 71.16% of the stock is owned by 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.