CrowdStrike (NASDAQ:CRWD) Posts Quarterly Earnings Results

CrowdStrike (NASDAQ:CRWD) released its earnings results on Tuesday. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02, FiscalAI reports. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s revenue was up 21.8% on a year-over-year basis. During the same period last year, the business earned $0.93 earnings per share. CrowdStrike updated its FY 2026 guidance to 3.700-3.720 EPS and its Q4 2026 guidance to 1.090-1.110 EPS.

CrowdStrike Stock Up 2.5%

CRWD opened at $516.55 on Wednesday. The stock has a fifty day moving average of $512.64 and a 200-day moving average of $478.46. The company has a market capitalization of $129.63 billion, a P/E ratio of -434.07, a P/E/G ratio of 118.84 and a beta of 1.09. 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 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price target on CrowdStrike from $430.00 to $435.00 and gave the stock a “hold” rating in a report on Thursday, September 18th. Truist Financial boosted their target price on CrowdStrike from $550.00 to $600.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. KeyCorp increased their price target on CrowdStrike from $510.00 to $570.00 and gave the company an “overweight” rating in a research note on Monday. Royal Bank Of Canada raised their price target on CrowdStrike from $540.00 to $621.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Finally, Barclays upped their price objective on shares of CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a report on Friday, November 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $549.89.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total value of $2,564,500.00. Following the completion of the sale, the director owned 768,511 shares of the company’s stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO George Kurtz sold 17,830 shares of the stock in a transaction that occurred on 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 transaction, 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 116,622 shares of company stock valued at $58,561,456. 3.32% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CrowdStrike

Institutional investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. grew its position in CrowdStrike by 7.0% during the third quarter. Sunbelt Securities Inc. now owns 1,925 shares of the company’s stock worth $944,000 after buying an additional 126 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of CrowdStrike by 13.3% during the 3rd quarter. Captrust Financial Advisors now owns 67,894 shares of the company’s stock valued at $33,294,000 after acquiring an additional 7,963 shares during the period. Coldstream Capital Management Inc. lifted its position in shares of CrowdStrike by 7.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 4,928 shares of the company’s stock valued at $2,417,000 after acquiring an additional 328 shares during the period. Jasper Ridge Partners L.P. grew its holdings in shares of CrowdStrike by 10.6% during the 3rd quarter. Jasper Ridge Partners L.P. now owns 3,871 shares of the company’s stock worth $1,898,000 after purchasing an additional 370 shares in the last quarter. Finally, Abel Hall LLC bought a new position in shares of CrowdStrike in the third quarter worth $207,000. 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.