CrowdStrike (NASDAQ:CRWD) Given New $525.00 Price Target at Wedbush

CrowdStrike (NASDAQ:CRWD) had its price target lowered by equities research analysts at Wedbush from $575.00 to $525.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Wedbush’s price target would indicate a potential upside of 22.77% from the company’s previous close.

CRWD has been the subject of several other research reports. Rosenblatt Securities lowered their price target on shares of CrowdStrike from $515.00 to $490.00 and set a “buy” rating for the company in a report on Thursday. Piper Sandler downgraded shares of CrowdStrike from an “overweight” rating to a “neutral” rating and set a $505.00 price target for the company. in a report on Monday, July 7th. Oppenheimer raised their target price on shares of CrowdStrike from $410.00 to $520.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. DA Davidson upped their price objective on CrowdStrike from $415.00 to $530.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Finally, Barclays set a $500.00 target price on shares of CrowdStrike in a report on Tuesday, June 3rd. Twenty-six analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $461.93.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $427.62 on Thursday. The firm has a 50-day simple moving average of $463.39 and a 200-day simple moving average of $427.49. The stock has a market capitalization of $106.58 billion, a price-to-earnings ratio of -594.08 and a beta of 1.13. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. CrowdStrike has a 52 week low of $242.25 and a 52 week high of $517.98.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the business earned $1.04 earnings per share. CrowdStrike’s revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, equities analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Johanna Flower sold 2,073 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total value of $983,037.33. Following the sale, the director directly owned 81,383 shares in the company, valued at $38,592,632.43. The trade was a 2.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $447.09, for a total transaction of $2,794,312.50. Following the completion of the sale, the director owned 774,761 shares in the company, valued at $346,387,895.49. The trade was a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 204,414 shares of company stock worth $96,794,738. Company insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

A number of large investors have recently made changes to their positions in CRWD. Vanguard Group Inc. increased its stake in shares of CrowdStrike by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after purchasing an additional 596,007 shares during the last quarter. State Street Corp increased its stake in shares of CrowdStrike by 3.6% during the 2nd quarter. State Street Corp now owns 10,804,651 shares of the company’s stock worth $5,502,917,000 after purchasing an additional 370,965 shares during the last quarter. Jennison Associates LLC increased its stake in shares of CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of CrowdStrike by 5.0% during the 2nd quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock worth $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in shares of CrowdStrike by 54,635.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after purchasing an additional 4,285,640 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.