CrowdStrike (NASDAQ:CRWD) Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says

CrowdStrike (NASDAQ:CRWDGet Free Report) had its target price upped by The Goldman Sachs Group from $535.00 to $564.00 in a note issued to investors on Wednesday, Marketbeat.com reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s target price indicates a potential upside of 9.92% from the company’s current price.

Several other equities analysts also recently commented on CRWD. Robert W. Baird upped their price target on shares of CrowdStrike from $490.00 to $550.00 and gave the company a “neutral” rating in a report on Friday, November 14th. BMO Capital Markets upped their target price on CrowdStrike from $500.00 to $555.00 and gave the company an “outperform” rating in a research note on Wednesday. Arete Research set a $706.00 price target on CrowdStrike in a report on Tuesday, October 28th. Wells Fargo & Company boosted their price objective on CrowdStrike from $550.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. Finally, Bank of America upped their price objective on CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research report on Monday, October 20th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $555.51.

Get Our Latest Research Report on CrowdStrike

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $513.12 on Wednesday. The firm has a market capitalization of $128.77 billion, a PE ratio of -407.24, a PEG ratio of 123.56 and a beta of 1.09. The stock’s fifty day moving average is $514.40 and its 200 day moving average is $479.02. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. 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 (NASDAQ:CRWDGet Free Report) last posted its quarterly earnings data 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 net margin of 6.88% and a negative return on equity of 2.12%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. CrowdStrike’s quarterly revenue was up 21.8% compared to the same quarter last year. 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, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling at CrowdStrike

In other news, CEO George Kurtz sold 17,830 shares of the business’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. The trade was a 0.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of the stock in a transaction that occurred 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 owned 765,456 shares in the company, valued at approximately $421,153,891.20. This represents a 0.65% decrease in their ownership of the stock. 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 worth $55,996,956. 3.32% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

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

CrowdStrike Company Profile

(Get Free Report)

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.

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Analyst Recommendations for CrowdStrike (NASDAQ:CRWD)

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