Q1 Earnings Forecast for CrowdStrike Issued By Wedbush

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) – Wedbush issued their Q1 2027 earnings per share estimates for CrowdStrike in a report released on Wednesday, June 4th. Wedbush analyst D. Ives anticipates that the company will post earnings per share of ($0.01) for the quarter. Wedbush currently has a “Outperform” rating and a $525.00 target price on the stock. The consensus estimate for CrowdStrike’s current full-year earnings is $0.55 per share. Wedbush also issued estimates for CrowdStrike’s FY2027 earnings at $0.28 EPS.

A number of other equities research analysts have also weighed in on the company. JPMorgan Chase & Co. raised their price objective on CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. DA Davidson lifted their target price on CrowdStrike from $415.00 to $530.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Mizuho lifted their target price on CrowdStrike from $425.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 4th. Oppenheimer lifted their target price on CrowdStrike from $410.00 to $520.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. Finally, Wells Fargo & Company lifted their target price on CrowdStrike from $430.00 to $550.00 and gave the stock an “overweight” rating in a research report on Monday, June 2nd. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have issued a buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $453.17.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $467.65 on Monday. CrowdStrike has a fifty-two week low of $200.81 and a fifty-two week high of $491.20. The business has a 50 day moving average price of $419.44 and a two-hundred day moving average price of $389.69. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $115.92 billion, a PE ratio of 916.98, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.07. CrowdStrike had a return on equity of 7.11% and a net margin of 3.39%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the firm earned $0.93 EPS. CrowdStrike’s quarterly revenue was up 19.8% on a year-over-year basis.

Hedge Funds Weigh In On CrowdStrike

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of CrowdStrike by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock worth $8,051,011,000 after acquiring an additional 908,554 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of CrowdStrike by 21.1% during the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after buying an additional 1,144,295 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of CrowdStrike by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock valued at $1,712,063,000 after buying an additional 124,984 shares in the last quarter. Norges Bank purchased a new position in shares of CrowdStrike during the fourth quarter valued at $1,111,542,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock valued at $977,149,000 after buying an additional 955,529 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Anurag Saha sold 2,141 shares of CrowdStrike stock in a transaction on Monday, March 24th. The stock was sold at an average price of $371.79, for a total value of $796,002.39. Following the transaction, the chief accounting officer now directly owns 34,024 shares in the company, valued at $12,649,782.96. The trade was a 5.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the transaction, the insider now owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 227,361 shares of company stock worth $94,434,058. 3.32% of the stock is owned by company insiders.

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.