CrowdStrike (NASDAQ:CRWD) Given New $600.00 Price Target at Capital One Financial

CrowdStrike (NASDAQ:CRWD) had its price objective boosted by stock analysts at Capital One Financial from $599.00 to $600.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm presently has an “overweight” rating on the stock. Capital One Financial‘s price target would suggest a potential upside of 19.16% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Scotiabank upgraded CrowdStrike from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. TD Cowen upped their price objective on shares of CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. DZ Bank lowered shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price target on the stock. in a report on Wednesday, September 24th. Finally, Needham & Company LLC raised their price objective on shares of CrowdStrike from $535.00 to $575.00 and gave the company a “buy” rating in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $555.29.

CrowdStrike Price Performance

CrowdStrike stock traded down $13.04 during midday trading on Wednesday, reaching $503.51. 1,963,435 shares of the stock were exchanged, compared to its average volume of 3,415,534. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. 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 firm has a market cap of $126.36 billion, a PE ratio of -423.58, a PEG ratio of 118.84 and a beta of 1.09. The company’s fifty day moving average is $512.64 and its 200-day moving average is $478.46.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.94 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period last year, the firm earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, sell-side analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was 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 approximately $421,153,891.20. This trade represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Burt W. Podbere sold 1,957 shares of CrowdStrike stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $550.41, for a total value of $1,077,152.37. Following the completion of the transaction, the chief financial officer owned 218,467 shares in the company, valued at approximately $120,246,421.47. This represents a 0.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 116,622 shares of company stock worth $58,561,456 in the last ninety days. 3.32% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CrowdStrike

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP increased its stake in CrowdStrike by 24.7% in the 3rd quarter. Allworth Financial LP now owns 11,588 shares of the company’s stock worth $5,682,000 after purchasing an additional 2,294 shares during the period. IFP Advisors Inc boosted its stake in shares of CrowdStrike by 2.7% during the third quarter. IFP Advisors Inc now owns 17,694 shares of the company’s stock valued at $8,677,000 after purchasing an additional 461 shares during the period. Swiss Life Asset Management Ltd grew its holdings in shares of CrowdStrike by 0.5% in the third quarter. Swiss Life Asset Management Ltd now owns 86,834 shares of the company’s stock worth $42,582,000 after purchasing an additional 463 shares during the last quarter. Innova Wealth Partners bought a new position in shares of CrowdStrike in the third quarter worth approximately $211,000. Finally, Groupama Asset Managment increased its stake in shares of CrowdStrike by 41.0% in the third quarter. Groupama Asset Managment now owns 1,365 shares of the company’s stock worth $669,000 after buying an additional 397 shares during the period. 71.16% of the stock is currently owned by institutional investors.

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.