CrowdStrike’s (CRWD) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their overweight rating on shares of CrowdStrike (NASDAQ:CRWD) in a research report report published on Tuesday morning,Benzinga reports. Cantor Fitzgerald currently has a $475.00 price objective on the stock.

A number of other research analysts have also issued reports on CRWD. Needham & Company LLC increased their target price on CrowdStrike from $420.00 to $530.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Piper Sandler lowered CrowdStrike from an “overweight” rating to a “neutral” rating and set a $505.00 target price on the stock. in a research report on Monday, July 7th. Cfra reissued a “hold” rating and issued a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Sanford C. Bernstein downgraded CrowdStrike from an “outperform” rating to a “market perform” rating and set a $371.00 price objective for the company. in a research note on Friday, June 6th. Finally, Rosenblatt Securities increased their price objective on CrowdStrike from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Monday, June 2nd. Twenty-five equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $456.98.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $442.00 on Tuesday. CrowdStrike has a one year low of $242.25 and a one year high of $517.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market capitalization of $110.17 billion, a PE ratio of -371.43 and a beta of 1.13. The company has a 50-day simple moving average of $462.52 and a two-hundred day simple moving average of $427.58.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating 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 1.58%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Roxanne S. Austin sold 15,000 shares of CrowdStrike stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $497.67, for a total value of $7,465,050.00. Following the completion of the transaction, the director owned 18,858 shares of the company’s stock, valued at $9,385,060.86. The trade was a 44.30% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 204,414 shares of company stock worth $96,794,738. Corporate insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

Several hedge funds and other institutional investors have recently made changes to their positions in CRWD. Brighton Jones LLC increased its position in CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after buying an additional 2,417 shares during the period. Dimensional Fund Advisors LP increased its position in CrowdStrike by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company’s stock worth $96,234,000 after buying an additional 10,271 shares during the period. Beacon Pointe Advisors LLC increased its position in CrowdStrike by 2.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 28,582 shares of the company’s stock worth $9,780,000 after buying an additional 658 shares during the period. Bellwether Advisors LLC acquired a new position in CrowdStrike during the fourth quarter worth approximately $37,000. Finally, Northern Trust Corp increased its position in CrowdStrike by 16.6% during the fourth quarter. Northern Trust Corp now owns 2,271,722 shares of the company’s stock worth $777,292,000 after buying an additional 324,136 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Company Profile

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.