CrowdStrike (NASDAQ:CRWD) Earns Buy Rating from BTIG Research

Key Points

• CrowdStrike's stock has been given a buy rating by BTIG Research, maintaining a price objective of $489.00, suggesting an upside of 9.76% from the previous close.
• Recent earnings results showed CrowdStrike reported an EPS of $0.93, beating estimates, with a year-over-year revenue growth of 21.4% to $1.17 billion.
• A strong majority of analysts are positive about CrowdStrike, with twenty-four analysts giving a Buy rating and an average consensus price target of $463.73.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at BTIG Research in a research report issued on Thursday,Benzinga reports. They presently have a $489.00 price objective on the stock. BTIG Research's target price would suggest a potential upside of 9.76% from the stock's previous close.

Several other analysts have also recently commented on the stock. Susquehanna raised their target price on shares of CrowdStrike from $425.00 to $530.00 and gave the stock a "positive" rating in a research note on Wednesday, June 4th. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Thursday, August 28th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $475.00 price target on shares of CrowdStrike in a report on Tuesday, August 26th. Macquarie reiterated a "neutral" rating and issued a $465.00 price target on shares of CrowdStrike in a report on Friday, August 29th. Finally, Wells Fargo & Company increased their price target on shares of CrowdStrike from $430.00 to $550.00 and gave the company an "overweight" rating in a report on Monday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $463.73.

CrowdStrike Stock Up 0.1%

CRWD stock opened at $445.50 on Thursday. CrowdStrike has a one year low of $263.45 and a one year high of $517.98. The stock has a market capitalization of $111.80 billion, a PE ratio of -374.37, a price-to-earnings-growth ratio of 139.26 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The company has a fifty day moving average of $442.15 and a 200-day moving average of $428.11.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping 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 company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter last year, the business earned $1.04 EPS. The business'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. As a group, analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insiders Place Their Bets

In related news, Director Johanna Flower sold 2,073 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total value of $983,037.33. Following the sale, the director directly owned 81,383 shares of the company's stock, valued at approximately $38,592,632.43. This trade represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 143,734 shares of company stock valued at $67,337,728. 3.32% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CRWD. Cloud Capital Management LLC acquired a new position in CrowdStrike during the first quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC lifted its position in CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC acquired a new position in CrowdStrike during the first quarter valued at approximately $26,000. AlphaQuest LLC acquired a new position in CrowdStrike during the second quarter valued at approximately $26,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares in the last quarter. 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.

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