CrowdStrike (NASDAQ:CRWD) Price Target Raised to $515.00

CrowdStrike (NASDAQ:CRWD) had its price objective lifted by Morgan Stanley from $475.00 to $515.00 in a research note published on Thursday morning,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

Several other research firms also recently weighed in on CRWD. Jefferies Financial Group upped their price target on CrowdStrike from $500.00 to $515.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. KeyCorp boosted their target price on CrowdStrike from $495.00 to $510.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Capital One Financial increased their target price on CrowdStrike from $495.00 to $519.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. Scotiabank raised CrowdStrike from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $440.00 to $600.00 in a research report on Thursday, September 25th. Finally, Zacks Research cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $516.93.

CrowdStrike Stock Up 1.5%

NASDAQ:CRWD opened at $537.55 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The firm’s 50-day moving average price is $499.74 and its 200-day moving average price is $471.74. The company has a market capitalization of $134.90 billion, a PE ratio of -451.72, a P/E/G ratio of 126.32 and a beta of 1.16. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 earnings per share. 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 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $550.20, for a total value of $2,751,000.00. Following the sale, the director owned 765,456 shares in the company, 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 document filed with the SEC, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 1,957 shares of CrowdStrike stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the sale, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. This trade represents a 0.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 116,622 shares of company stock valued at $58,561,456. Company insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Hedge funds and other institutional investors have recently modified their holdings of the company. Disciplined Equity Management Inc. lifted its holdings in CrowdStrike by 0.8% in the third quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company’s stock valued at $1,179,000 after acquiring an additional 20 shares during the period. TD Private Client Wealth LLC grew its stake in shares of CrowdStrike by 6.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 334 shares of the company’s stock valued at $164,000 after purchasing an additional 20 shares during the period. Financially Speaking Inc increased its position in shares of CrowdStrike by 26.7% during the 3rd quarter. Financially Speaking Inc now owns 95 shares of the company’s stock valued at $47,000 after purchasing an additional 20 shares during the last quarter. Catalyst Financial Partners LLC lifted its stake in shares of CrowdStrike by 1.6% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,246 shares of the company’s stock worth $611,000 after purchasing an additional 20 shares during the period. Finally, Fire Capital Management LLC lifted its stake in shares of CrowdStrike by 1.7% in the 3rd quarter. Fire Capital Management LLC now owns 1,239 shares of the company’s stock worth $608,000 after purchasing an additional 21 shares during the period. 71.16% of the stock is 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.