CrowdStrike (NASDAQ:CRWD) Receives “Buy” Rating from BTIG Research

CrowdStrike (NASDAQ:CRWD)‘s stock had its “buy” rating reissued by analysts at BTIG Research in a research report issued on Wednesday,Benzinga reports. They currently have a $640.00 target price on the stock. BTIG Research’s price target suggests a potential upside of 23.90% from the stock’s previous close.

Several other equities analysts have also commented on CRWD. Truist Financial boosted their price target on CrowdStrike from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. BMO Capital Markets boosted their target price on shares of CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, September 18th. Macquarie upped their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Oppenheimer lifted their price target on shares of CrowdStrike from $560.00 to $580.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Finally, Mizuho boosted their price objective on shares of CrowdStrike from $475.00 to $540.00 and gave the stock a “hold” rating in a report on Monday, November 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $553.64.

CrowdStrike Stock Up 2.5%

Shares of CrowdStrike stock opened at $516.55 on Wednesday. The company has a fifty day moving average price of $512.64 and a 200 day moving average price of $478.46. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a twelve month low of $298.00 and a twelve month high of $566.90. The stock has a market cap of $129.63 billion, a price-to-earnings ratio of -434.07, a price-to-earnings-growth ratio of 118.84 and a beta of 1.09.

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

Insider Activity

In related news, CFO Burt W. Podbere sold 1,957 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly owned 218,467 shares in the company, valued at $120,246,421.47. This trade represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 5,000 shares of CrowdStrike stock in a transaction on 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 completion of the transaction, the director directly owned 765,456 shares of the company’s stock, valued at approximately $421,153,891.20. This represents a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 116,622 shares of company stock valued at $58,561,456 over the last three months. Company insiders own 3.32% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CRWD. Advyzon Investment Management LLC lifted its holdings in shares of CrowdStrike by 142.9% in the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock worth $461,000 after purchasing an additional 533 shares during the last quarter. Draper Asset Management LLC increased its position in CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock worth $2,176,000 after buying an additional 1,619 shares during the period. Geneos Wealth Management Inc. lifted its stake in CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock valued at $8,483,000 after buying an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new position in shares of CrowdStrike during the second quarter worth about $397,000. Finally, Accel Wealth Management bought a new position in shares of CrowdStrike during the second quarter worth about $269,000. 71.16% of the stock is owned by institutional investors and hedge funds.

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.