CrowdStrike (NASDAQ:CRWD) Price Target Lowered to $430.00 at Mizuho

Key Points

• Mizuho has lowered its price target for CrowdStrike from $450.00 to $430.00, indicating a potential downside of 1.87% from the current stock price and maintaining a "neutral" rating.
• Despite Mizuho's downgrade, other analysts have set higher price targets, with Goldman Sachs boosting their target from $389.00 to $530.00 and issuing a "buy" rating.
• CrowdStrike reported earnings of $0.93 per share for the last quarter, surpassing estimates by $0.10, with revenue increasing by 21.4% year-over-year to $1.17 billion.

CrowdStrike (NASDAQ:CRWD - Get Free Report) had its price objective reduced by research analysts at Mizuho from $450.00 to $430.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a "neutral" rating on the stock. Mizuho's price objective suggests a potential downside of 1.87% from the stock's current price.

Other equities research analysts have also recently issued reports about the stock. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $475.00 price objective on shares of CrowdStrike in a research report on Tuesday. The Goldman Sachs Group boosted their price objective on shares of CrowdStrike from $389.00 to $530.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. Royal Bank Of Canada set a $510.00 price objective on shares of CrowdStrike and gave the company an "outperform" rating in a research report on Thursday. Stifel Nicolaus boosted their price target 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. Finally, Bank of America reissued a "neutral" rating and set a $470.00 price target (up from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Twenty-six investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $456.20.

CrowdStrike Stock Up 3.7%

NASDAQ CRWD traded up $15.57 during trading hours on Thursday, reaching $438.18. 6,586,794 shares of the company's stock were exchanged, compared to its average volume of 3,706,215. The company's 50-day moving average is $463.39 and its two-hundred day moving average is $427.49. CrowdStrike has a one year low of $242.25 and a one year high of $517.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market capitalization of $109.22 billion, a price-to-earnings ratio of -635.05 and a beta of 1.13.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its 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. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.CrowdStrike's revenue for the quarter was up 21.4% compared to the same quarter last year. 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. On average, analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity at CrowdStrike

In other news, Director Denis Oleary sold 15,680 shares of the business's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $468.93, for a total transaction of $7,352,822.40. Following the transaction, the director directly owned 36,906 shares in the company, valued at $17,306,330.58. The trade was a 29.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer 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. Insiders sold 204,414 shares of company stock worth $96,794,738 over the last ninety days. Company insiders own 3.32% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CRWD. Patron Partners LLC grew its holdings in CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company's stock worth $548,000 after purchasing an additional 22 shares during the period. Real Talk Capital LLC grew its holdings in CrowdStrike by 0.9% in the first quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock worth $963,000 after purchasing an additional 24 shares during the period. Tradewinds Capital Management LLC grew its holdings in CrowdStrike by 20.8% in the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock worth $51,000 after purchasing an additional 25 shares during the period. Close Asset Management Ltd grew its holdings in CrowdStrike by 23.8% in the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock worth $46,000 after purchasing an additional 25 shares during the period. Finally, Ramirez Asset Management Inc. grew its holdings in CrowdStrike by 5.9% in the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock worth $159,000 after purchasing an additional 25 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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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