CrowdStrike (NASDAQ:CRWD) Earns Neutral Rating from Macquarie

Key Points

• Macquarie reissued a "neutral" rating for CrowdStrike (NASDAQ: CRWD) with a price target of $465, indicating a potential upside of 8.55% from its current price.
• Analysts have mixed views on CrowdStrike, with 25 Buy, 18 Hold, and 1 Sell ratings, and an average price target consensus of $456.80.
• The company's stock recently traded down by 3.1% to $428.36, with significant trading activity of over 2.3 million shares exchanged on Friday.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s stock had its "neutral" rating reissued by investment analysts at Macquarie in a note issued to investors on Friday,Benzinga reports. They presently have a $465.00 price target on the stock. Macquarie's price objective points to a potential upside of 8.55% from the company's current price.

Several other equities analysts have also issued reports on CRWD. Evercore ISI reduced their target price on CrowdStrike from $425.00 to $405.00 and set an "in-line" rating for the company in a report on Thursday. Citigroup reaffirmed an "outperform" rating on shares of CrowdStrike in a report on Monday, May 5th. Raymond James Financial reaffirmed an "outperform" rating and issued a $485.00 target price (up from $390.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Sanford C. Bernstein reduced their target price on CrowdStrike from $371.00 to $343.00 and set a "market perform" rating for the company in a report on Thursday. Finally, Oppenheimer reissued an "outperform" rating and set a $520.00 price objective on shares of CrowdStrike in a report on Thursday. Twenty-five equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $456.80.

CrowdStrike Stock Down 3.1%

CRWD stock traded down $13.64 during trading on Friday, reaching $428.36. 2,365,446 shares of the stock were exchanged, compared to its average volume of 3,719,017. The firm's 50 day moving average is $462.52 and its 200 day moving average is $427.58. CrowdStrike has a twelve month low of $242.25 and a twelve month high of $517.98. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.21. The firm has a market cap of $106.77 billion, a P/E ratio of -359.96 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative return on equity of 1.58% and a negative net margin of 6.84%.The firm's revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.04 EPS. 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, research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the sale, the chief executive officer owned 2,132,887 shares of the company's stock, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Johanna Flower sold 2,073 shares of the firm's stock in a transaction dated 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 owned 81,383 shares in the company, valued at $38,592,632.43. The trade was a 2.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 204,414 shares of company stock valued at $96,794,738 in the last ninety days. 3.32% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CrowdStrike

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of CrowdStrike by 2.6% in the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company's stock worth $11,933,425,000 after buying an additional 596,007 shares during the period. State Street Corp increased its holdings in shares of CrowdStrike by 3.6% in the second quarter. State Street Corp now owns 10,804,651 shares of the company's stock worth $5,502,917,000 after buying an additional 370,965 shares during the period. Jennison Associates LLC increased its holdings in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after buying an additional 1,144,295 shares during the period. Geode Capital Management LLC increased its holdings in shares of CrowdStrike by 5.0% in the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company's stock worth $2,903,752,000 after buying an additional 273,922 shares during the period. Finally, Laurel Wealth Advisors LLC increased its holdings in shares of CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company's stock worth $2,186,714,000 after buying an additional 4,285,640 shares during the period. 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.

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