CrowdStrike (NASDAQ:CRWD) Price Target Raised to $600.00

CrowdStrike (NASDAQ:CRWD) had its price objective raised by Stifel Nicolaus from $515.00 to $600.00 in a research note released on Monday morning, MarketBeat Ratings reports. They currently have a buy rating on the stock.

Several other research firms have also commented on CRWD. Macquarie upped their target price on CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Daiwa Capital Markets lifted their price target on CrowdStrike from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. Scotiabank upgraded shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the stock from $440.00 to $600.00 in a report on Thursday, September 25th. Robert W. Baird boosted their target price on shares of CrowdStrike from $490.00 to $550.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Finally, The Goldman Sachs Group upped their price target on shares of CrowdStrike from $492.00 to $535.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $537.49.

CrowdStrike Stock Performance

Shares of CRWD opened at $520.59 on Monday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The company’s 50 day simple moving average is $505.50 and its 200 day simple moving average is $473.58. The company has a market capitalization of $130.65 billion, a price-to-earnings ratio of -437.47, a PEG ratio of 120.71 and a beta of 1.16. 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 released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company earned $1.04 EPS. CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In other news, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director owned 768,511 shares in the company, valued at $315,335,433.52. The trade was a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 116,622 shares of company stock valued at $58,561,456. 3.32% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CRWD. Asset Planning Inc purchased a new stake in shares of CrowdStrike in the third quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd acquired a new position in CrowdStrike during the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC purchased a new position in CrowdStrike in the 3rd quarter worth approximately $25,000. Vision Financial Markets LLC purchased a new position in CrowdStrike in the 1st quarter worth approximately $26,000. Finally, AlphaQuest LLC acquired a new stake in CrowdStrike in the second quarter valued at approximately $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.