CrowdStrike (NASDAQ:CRWD) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Key Points

• CrowdStrike reported a quarterly EPS of ($0.02), significantly missing the consensus estimate of $0.83 by ($0.85).
• The company has updated its FY 2026 guidance to an EPS range of 3.600-3.72 and Q3 2026 guidance to 0.930-0.95.
• Despite the earnings miss, CrowdStrike's stock saw a midday increase of $5.01, reaching a trading price of $422.61.

CrowdStrike (NASDAQ:CRWD - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10, Briefing.com reports. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. CrowdStrike's revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the company earned $1.04 earnings per share. CrowdStrike updated its FY 2026 guidance to 3.600-3.72 EPS and its Q3 2026 guidance to 0.930-0.95 EPS.

CrowdStrike Stock Up 4.6%

CRWD stock traded up $19.39 during trading hours on Thursday, hitting $442.00. The company's stock had a trading volume of 9,921,433 shares, compared to its average volume of 3,722,093. The stock has a 50 day moving average price of $463.39 and a two-hundred day moving average price of $427.49. CrowdStrike has a 12 month low of $242.25 and a 12 month high of $517.98. The company has a market capitalization of $110.17 billion, a PE ratio of -640.58 and a beta of 1.13. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction that occurred 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 $960,801,606.89. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the completion of the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 204,414 shares of company stock worth $96,794,738 in the last 90 days. 3.32% of the stock is owned by corporate insiders.

Institutional Trading of CrowdStrike

Several hedge funds have recently added to or reduced their stakes in CRWD. Jupiter Wealth Management LLC acquired a new stake in CrowdStrike during the second quarter valued at approximately $127,000. Osterweis Capital Management Inc. acquired a new position in shares of CrowdStrike in the second quarter valued at approximately $146,000. Oxford Financial Group LTD. LLC acquired a new stake in CrowdStrike in the 2nd quarter valued at approximately $213,000. Sugar Maple Asset Management LLC acquired a new stake in shares of CrowdStrike in the second quarter valued at about $223,000. Finally, Vivaldi Capital Management LP acquired a new position in shares of CrowdStrike during the 2nd quarter worth about $229,000. Institutional investors own 71.16% of the company's stock.

Analysts Set New Price Targets

CRWD has been the topic of several recent research reports. Macquarie initiated coverage on CrowdStrike in a report on Thursday, July 17th. They issued a "neutral" rating and a $465.00 price target on the stock. Piper Sandler reduced their price target on shares of CrowdStrike from $505.00 to $450.00 and set a "neutral" rating for the company in a report on Thursday. Rosenblatt Securities lowered their price target on shares of CrowdStrike from $515.00 to $490.00 and set a "buy" rating for the company in a research report on Thursday. JMP Securities reissued a "market outperform" rating and set a $500.00 target price on shares of CrowdStrike in a research note on Wednesday, June 4th. Finally, Stifel Nicolaus upped their target price on shares of CrowdStrike from $480.00 to $495.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Twenty-six equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $455.10.

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.