CrowdStrike (NASDAQ:CRWD) Price Target Raised to $630.00

CrowdStrike (NASDAQ:CRWD) had its target price raised by Rosenblatt Securities from $550.00 to $630.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also weighed in on CRWD. BTIG Research raised their price objective on shares of CrowdStrike from $489.00 to $640.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Macquarie lifted their price target on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Piper Sandler lowered their price objective on CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a report on Thursday, August 28th. DZ Bank downgraded CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price on the stock. in a report on Wednesday, September 24th. Finally, Roth Capital reiterated a “buy” rating and issued a $510.00 price target (up from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $537.49.

CrowdStrike Price Performance

CRWD stock opened at $501.31 on Tuesday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 52-week low of $298.00 and a 52-week high of $566.90. The stock’s 50 day moving average is $506.86 and its two-hundred day moving average is $473.77. The company has a market capitalization of $125.81 billion, a PE ratio of -421.27, a P/E/G ratio of 122.33 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 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 21.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Transactions at CrowdStrike

In related news, President Michael Sentonas sold 10,000 shares of CrowdStrike stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the sale, the president directly owned 354,116 shares in the company, valued at $182,369,740. This trade represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the transaction, the director directly owned 765,456 shares of the company’s stock, valued at $421,153,891.20. The trade was a 0.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 116,622 shares of company stock valued at $58,561,456 over the last three months. 3.32% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds have recently made changes to their positions in CRWD. WBI Investments LLC bought a new position in CrowdStrike in the 3rd quarter worth approximately $427,000. Centaurus Financial Inc. boosted its position in CrowdStrike by 14.8% during the 3rd quarter. Centaurus Financial Inc. now owns 6,104 shares of the company’s stock worth $2,993,000 after acquiring an additional 785 shares during the period. First Affirmative Financial Network grew its stake in shares of CrowdStrike by 19.5% in the third quarter. First Affirmative Financial Network now owns 1,016 shares of the company’s stock worth $498,000 after purchasing an additional 166 shares in the last quarter. Asset Dedication LLC grew its stake in shares of CrowdStrike by 1.8% in the third quarter. Asset Dedication LLC now owns 1,435 shares of the company’s stock worth $704,000 after purchasing an additional 26 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in shares of CrowdStrike by 7.0% during the third quarter. Sunbelt Securities Inc. now owns 1,925 shares of the company’s stock valued at $944,000 after purchasing an additional 126 shares during the period. Institutional investors 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.