CrowdStrike (NASDAQ:CRWD) Price Target Raised to $515.00

CrowdStrike (NASDAQ:CRWD) had its price objective lifted by analysts at Canaccord Genuity Group from $500.00 to $515.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 2.28% from the company’s previous close.

A number of other research analysts have also issued reports on CRWD. Truist Financial boosted their target price on shares of CrowdStrike from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Arete Research set a $706.00 price target on CrowdStrike in a report on Tuesday, October 28th. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research report on Monday, November 24th. DZ Bank cut CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a research report on Wednesday, September 24th. Finally, BTIG Research reaffirmed a “buy” rating and set a $640.00 target price on shares of CrowdStrike in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $555.29.

CrowdStrike Stock Down 2.5%

Shares of CRWD stock traded down $13.04 during mid-day trading on Wednesday, reaching $503.51. 1,963,435 shares of the company were exchanged, compared to its average volume of 3,415,534. The business’s 50 day simple moving average is $512.64 and its 200 day simple moving average is $478.46. The company has a market capitalization of $126.36 billion, a P/E ratio of -423.58, 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.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.94 by $0.02. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business’s revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Research analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Transactions at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total value of $2,564,500.00. Following the sale, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the sale, the president owned 379,116 shares in the company, valued at approximately $189,558,000. This trade represents a 5.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 116,622 shares of company stock valued at $58,561,456 in the last quarter. Company insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

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

About CrowdStrike

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.