CrowdStrike (NASDAQ:CRWD) Price Target Raised to $530.00

CrowdStrike (NASDAQ:CRWD) had its target price boosted by DA Davidson from $415.00 to $530.00 in a research note published on Wednesday,Benzinga reports. DA Davidson currently has a buy rating on the stock. DA Davidson also issued estimates for CrowdStrike’s Q2 2026 earnings at ($0.12) EPS, FY2026 earnings at ($0.26) EPS and FY2027 earnings at $0.24 EPS.

Several other equities analysts also recently weighed in on the company. BTIG Research reiterated a “buy” rating on shares of CrowdStrike in a research report on Thursday, May 22nd. Canaccord Genuity Group reiterated a “hold” rating and set a $475.00 price objective (up from $420.00) on shares of CrowdStrike in a report on Wednesday. Rosenblatt Securities raised their target price on shares of CrowdStrike from $450.00 to $515.00 and gave the stock a “buy” rating in a research report on Monday, June 2nd. Royal Bank of Canada upped their price target on shares of CrowdStrike from $500.00 to $510.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Susquehanna lifted their price target on shares of CrowdStrike from $400.00 to $425.00 and gave the company a “positive” rating in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $450.43.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $468.41 on Wednesday. CrowdStrike has a 12-month low of $200.81 and a 12-month high of $491.20. The firm has a market cap of $116.11 billion, a price-to-earnings ratio of 918.47, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The company’s 50-day moving average is $415.18 and its two-hundred day moving average is $388.02. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.07. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The company’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.93 earnings per share. Research analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 55,556 shares of the company’s stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $447.54, for a total value of $24,863,532.24. Following the sale, the chief executive officer now owns 2,192,610 shares in the company, valued at approximately $981,280,679.40. This represents a 2.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the transaction, the insider now owns 89,714 shares of the company’s stock, valued at $31,669,042. This trade represents a 4.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 211,681 shares of company stock worth $87,081,236 in the last three months. 3.32% of the stock is owned by insiders.

Institutional Investors Weigh In On CrowdStrike

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after purchasing an additional 908,554 shares during the period. Jennison Associates LLC lifted its position in shares of CrowdStrike by 21.1% in the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of CrowdStrike by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock worth $1,712,063,000 after buying an additional 124,984 shares during the last quarter. Norges Bank acquired a new position in shares of CrowdStrike in the 4th quarter valued at about $1,111,542,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in CrowdStrike by 52.6% during 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. 71.16% of the stock is currently owned by institutional investors.

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.