CrowdStrike (NASDAQ:CRWD – Get Free Report) had its target price boosted by stock analysts at Daiwa Capital Markets from $530.00 to $560.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the stock. Daiwa Capital Markets’ price objective would indicate a potential upside of 7.79% from the company’s previous close.
Other research analysts have also recently issued research reports about the company. Wells Fargo & Company boosted their price target on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. Sanford C. Bernstein restated a “market perform” rating and set a $353.00 target price on shares of CrowdStrike in a research note on Wednesday, December 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of CrowdStrike in a research note on Wednesday, October 8th. Cantor Fitzgerald restated an “overweight” rating and issued a $590.00 target price on shares of CrowdStrike in a report on Wednesday, December 3rd. Finally, Barclays raised their target price on shares of CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $554.74.
View Our Latest Stock Analysis on CRWD
CrowdStrike Price Performance
CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the company posted $0.93 earnings per share. The business’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. Sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Denis Oleary sold 7,750 shares of CrowdStrike stock in a transaction on Friday, December 5th. The stock was sold at an average price of $515.44, for a total transaction of $3,994,660.00. Following the transaction, the director directly owned 10,816 shares in the company, valued at approximately $5,574,999.04. The trade was a 41.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the completion of the transaction, the president directly owned 379,116 shares in the company, valued at $189,558,000. This trade represents a 5.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 118,672 shares of company stock worth $60,280,613 in the last quarter. Company insiders own 3.32% of the company’s stock.
Hedge Funds Weigh In On CrowdStrike
Several large investors have recently added to or reduced their stakes in CRWD. Laurel Wealth Advisors LLC boosted its holdings in CrowdStrike by 54,635.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after buying an additional 4,285,640 shares during the period. Norges Bank purchased a new position in shares of CrowdStrike in the second quarter valued at about $1,638,365,000. Vestor Capital LLC boosted its stake in shares of CrowdStrike by 269,840.3% in the second quarter. Vestor Capital LLC now owns 977,184 shares of the company’s stock worth $497,690,000 after acquiring an additional 976,822 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after acquiring an additional 955,529 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of CrowdStrike by 2.6% during the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after purchasing an additional 596,007 shares in the last quarter. Hedge funds and other institutional investors 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.
Further Reading
- Five stocks we like better than CrowdStrike
- When to Sell a Stock for Profit or Loss
- Market Momentum: 3 Stocks Poised for Major Breakouts
- Bank Stocks – Best Bank Stocks to Invest In
- 3 Reasons Casey’s General Stores Will Continue Trending Higher
- What Does a Stock Split Mean?
- Golden Cross Alert: 3 Stocks With Major Upside Potential
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.
