CrowdStrike (NASDAQ:CRWD) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Key Points

• BMO Capital Markets has increased its price target for CrowdStrike (NASDAQ:CRWD) from $450 to $500, indicating a projected upside of 12.23% from the current stock price and maintaining an "outperform" rating.
• Despite positive forecasts, other analysts like Canaccord Genuity and Piper Sandler have lowered their target prices for CrowdStrike, reflecting mixed sentiments about the stock's performance.
• CrowdStrike recently reported quarterly earnings of $0.93 per share, exceeding analysts' expectations, with revenue increasing by 21.4% year-over-year to $1.17 billion.

CrowdStrike (NASDAQ:CRWD - Get Free Report) had its price objective upped by BMO Capital Markets from $450.00 to $500.00 in a note issued to investors on Thursday, Marketbeat.com reports. The brokerage presently has an "outperform" rating on the stock. BMO Capital Markets' price target would suggest a potential downside of 0.51% from the stock's current price.

A number of other brokerages have also recently commented on CRWD. Stifel Nicolaus lifted their price target on CrowdStrike from $480.00 to $495.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Barclays set a $500.00 price objective on CrowdStrike in a report on Tuesday, June 3rd. BTIG Research restated a "buy" rating and issued a $489.00 price target on shares of CrowdStrike in a research note on Thursday. Zacks Research upgraded CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Finally, Roth Capital boosted their price objective on CrowdStrike from $410.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $473.85.

CrowdStrike Stock Performance

Shares of CRWD traded down $0.08 during trading hours on Thursday, hitting $502.55. The company had a trading volume of 7,089,967 shares, compared to its average volume of 3,749,478. CrowdStrike has a one year low of $272.67 and a one year high of $517.98. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company's fifty day moving average price is $442.46 and its two-hundred day moving average price is $428.94.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. 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 firm posted $1.04 EPS. CrowdStrike's 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 fiscal year.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Roxanne S. Austin sold 15,000 shares of the company's stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the sale, the director directly owned 18,858 shares in the company, valued at $9,385,060.86. This represents a 44.30% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 143,734 shares of company stock valued at $67,337,728. 3.32% of the stock is owned by company insiders.

Hedge Funds Weigh In On CrowdStrike

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of CrowdStrike by 2.6% during the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company's stock worth $11,933,425,000 after purchasing an additional 596,007 shares during the last quarter. State Street Corp grew its holdings in shares of CrowdStrike by 3.6% during the second quarter. State Street Corp now owns 10,804,651 shares of the company's stock worth $5,502,917,000 after purchasing an additional 370,965 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of CrowdStrike by 21.1% during the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of CrowdStrike by 5.0% during the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company's stock worth $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of CrowdStrike by 54,635.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company's stock worth $2,186,714,000 after purchasing an additional 4,285,640 shares during the last quarter. Hedge funds and other institutional investors 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.