CrowdStrike (NASDAQ:CRWD) Stock Price Expected to Rise, Scotiabank Analyst Says

CrowdStrike (NASDAQ:CRWD) had its price target lifted by investment analysts at Scotiabank from $600.00 to $613.00 in a research note issued on Wednesday, Marketbeat.com reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 19.47% from the stock’s current price.

Other analysts have also issued reports about the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CrowdStrike in a report on Wednesday, October 8th. New Street Research set a $460.00 price objective on CrowdStrike in a research report on Thursday, August 28th. Berenberg Bank initiated coverage on shares of CrowdStrike in a report on Tuesday, November 18th. They set a “hold” rating and a $600.00 target price for the company. Stephens boosted their target price on shares of CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $353.00 price target on shares of CrowdStrike in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $555.51.

CrowdStrike Trading Down 2.1%

Shares of CrowdStrike stock opened at $513.12 on Wednesday. The stock 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 firm has a fifty day moving average price of $514.40 and a 200 day moving average price of $479.02. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. 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 (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.94 by $0.02. The company had revenue of $1.23 billion for 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%. The firm’s revenue was up 21.8% on a year-over-year basis. During the same period in the prior year, the company earned $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. Equities research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,000 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the transaction, the director directly owned 765,456 shares of the company’s stock, valued at $421,153,891.20. This trade represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 110,372 shares of company stock valued at $55,996,956 in the last three months. Company insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Hedge funds have recently made changes to their positions in the company. Advyzon Investment Management LLC raised its position in shares of CrowdStrike by 142.9% in the second quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after buying an additional 533 shares during the last quarter. Draper Asset Management LLC boosted its position in CrowdStrike by 59.1% during the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock worth $2,176,000 after acquiring an additional 1,619 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after acquiring an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC acquired a new stake in CrowdStrike in the 2nd quarter valued at about $397,000. Finally, Accel Wealth Management purchased a new position in CrowdStrike in the 2nd quarter worth approximately $269,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.