Jefferies Financial Group Raises CrowdStrike (NASDAQ:CRWD) Price Target to $600.00

CrowdStrike (NASDAQ:CRWD) had its price target hoisted by investment analysts at Jefferies Financial Group from $515.00 to $600.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 16.68% from the stock’s current price.

A number of other research firms have also weighed in on CRWD. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a research note on Tuesday, September 23rd. Stephens increased their target price on CrowdStrike from $525.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, October 9th. JMP Securities lifted their price target on CrowdStrike from $500.00 to $550.00 and gave the company a “market outperform” rating in a report on Tuesday, September 23rd. Mizuho upped their price objective on CrowdStrike from $475.00 to $540.00 and gave the stock a “hold” rating in a research note on Monday. Finally, Zacks Research downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned 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, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $537.49.

CrowdStrike Stock Performance

CrowdStrike stock opened at $514.21 on Wednesday. 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 has a market capitalization of $129.05 billion, a P/E ratio of -429.48, a price-to-earnings-growth ratio of 124.49 and a beta of 1.16. CrowdStrike has a 1-year low of $298.00 and a 1-year high of $566.90. The company’s 50-day moving average is $503.58 and its 200 day moving average is $473.25.

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 during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company earned $1.04 EPS. CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the transaction, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the completion of the sale, the president owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 116,622 shares of company stock valued at $58,561,456. 3.32% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CrowdStrike

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CRWD. Advyzon Investment Management LLC grew its stake in shares of CrowdStrike by 142.9% in the second quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after buying an additional 533 shares in the last quarter. Draper Asset Management LLC lifted its holdings in CrowdStrike by 59.1% during the 2nd 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 in the last quarter. Geneos Wealth Management Inc. lifted its holdings in CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after buying an additional 5,998 shares in the last quarter. Drucker Wealth 3.0 LLC purchased a new position in CrowdStrike in the 2nd quarter valued at approximately $397,000. Finally, Pegasus Asset Management Inc. increased its position in shares of CrowdStrike by 3.4% during the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock worth $1,238,000 after acquiring an additional 79 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Company Profile

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.