CrowdStrike (NASDAQ:CRWD) Price Target Raised to $540.00

CrowdStrike (NASDAQ:CRWD) had its price objective boosted by equities research analysts at Mizuho from $475.00 to $540.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Mizuho’s price target points to a potential upside of 0.46% from the stock’s previous close.

A number of other research firms also recently weighed in on CRWD. Sanford C. Bernstein cut their price target on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research note on Thursday, August 28th. New Street Research set a $460.00 price objective on CrowdStrike in a report on Thursday, August 28th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Wednesday, October 15th. UBS Group lowered their price target on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Finally, Citigroup restated an “outperform” rating on shares of CrowdStrike in a research note on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $520.82.

CrowdStrike Price Performance

CRWD stock opened at $537.55 on Monday. The stock has a market capitalization of $134.90 billion, a price-to-earnings ratio of -451.72, a price-to-earnings-growth ratio of 126.32 and a beta of 1.16. 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 fifty day simple moving average is $499.74 and its 200-day simple moving average is $472.05.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company earned $1.04 EPS. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities research analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 6,975 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the transaction, the chief executive officer directly owned 2,108,082 shares of the company’s stock, valued at approximately $1,159,213,210.98. The trade was a 0.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Johanna Flower sold 2,347 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares of the company’s stock, valued at $38,815,405.86. This trade represents a 2.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 116,622 shares of company stock worth $58,561,456. Insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Asset Planning Inc purchased a new stake in shares of CrowdStrike during the third quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in CrowdStrike during the 3rd quarter valued at approximately $25,000. Anchor Investment Management LLC purchased a new stake in CrowdStrike during the 3rd quarter worth approximately $25,000. Vision Financial Markets LLC purchased a new stake in CrowdStrike during the 1st quarter worth approximately $26,000. Finally, AlphaQuest LLC acquired a new position in shares of CrowdStrike in the 2nd quarter valued at approximately $26,000. 71.16% of the stock is owned by hedge funds and other 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.