Analysts Set CrowdStrike (NASDAQ:CRWD) Target Price at $496.47

CrowdStrike (NASDAQ:CRWD) has been given an average recommendation of “Moderate Buy” by the forty-eight brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation, twenty-eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $496.4651.

Several equities research analysts have issued reports on CRWD shares. DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a research report on Wednesday, September 24th. Evercore ISI raised their price objective on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. Canaccord Genuity Group raised their price objective on shares of CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research report on Monday, September 22nd. Needham & Company LLC raised their price objective on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Finally, Robert W. Baird raised their price objective on shares of CrowdStrike from $460.00 to $490.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th.

Insider Activity

In other CrowdStrike news, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the sale, the chief financial officer directly owned 220,424 shares in the company, valued at $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,762 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total transaction of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares of the company’s stock, valued at $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 158,090 shares of company stock valued at $75,500,649. Company insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Pinnacle Bancorp Inc. acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $27,000. Meeder Asset Management Inc. raised its position in shares of CrowdStrike by 50.0% in the third quarter. Meeder Asset Management Inc. now owns 168 shares of the company’s stock valued at $82,000 after buying an additional 56 shares in the last quarter. Citizens Financial Group Inc. RI raised its position in shares of CrowdStrike by 128.4% in the third quarter. Citizens Financial Group Inc. RI now owns 6,015 shares of the company’s stock valued at $2,950,000 after buying an additional 3,382 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $431,000. Finally, Tema Etfs LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $1,898,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Trading Up 1.0%

CrowdStrike stock opened at $527.32 on Friday. CrowdStrike has a 52 week low of $294.68 and a 52 week high of $535.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a market capitalization of $132.34 billion, a P/E ratio of -443.12, a PEG ratio of 123.92 and a beta of 1.19. The stock has a 50-day simple moving average of $463.35 and a 200 day simple moving average of $455.76.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the company posted $1.04 earnings per share. CrowdStrike’s quarterly revenue 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. Analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

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.