BMO Capital Markets Has Lowered Expectations for CrowdStrike (NASDAQ:CRWD) Stock Price

Key Points

• BMO Capital Markets has lowered its price target for CrowdStrike from $500 to $460, while maintaining an "outperform" rating, which suggests a potential upside of 9.38% from current levels.
• Despite the recent downgrade, 26 analysts still rate CrowdStrike as a Buy, while the stock has an average price target of $459.86.
• CrowdStrike reported a 19.8% increase in quarterly revenue year-over-year and beat earnings expectations with $0.73 EPS compared to $0.66 consensus.

CrowdStrike (NASDAQ:CRWD - Get Free Report) had its target price dropped by research analysts at BMO Capital Markets from $500.00 to $460.00 in a research report issued to clients and investors on Monday, MarketBeat.com reports. The brokerage presently has an "outperform" rating on the stock. BMO Capital Markets' target price points to a potential upside of 4.07% from the company's current price.

Several other equities analysts have also weighed in on the company. Cfra reissued a "hold" rating and set a $555.00 price objective (up from $517.00) on shares of CrowdStrike in a report on Thursday, July 10th. Citigroup reaffirmed an "outperform" rating on shares of CrowdStrike in a research report on Monday, May 5th. Morgan Stanley reissued an "equal weight" rating and issued a $495.00 price objective (up previously from $490.00) on shares of CrowdStrike in a report on Monday, July 14th. DA Davidson boosted their price objective on CrowdStrike from $415.00 to $530.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Finally, Piper Sandler lowered shares of CrowdStrike from an "overweight" rating to a "neutral" rating and set a $505.00 target price for the company. in a research report on Monday, July 7th. Twenty-six equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $455.10.

CrowdStrike Stock Performance

NASDAQ CRWD traded up $19.39 during trading hours on Monday, reaching $442.00. 9,944,814 shares of the company were exchanged, compared to its average volume of 3,728,167. The stock has a market capitalization of $110.17 billion, a P/E 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. CrowdStrike has a 1 year low of $242.25 and a 1 year high of $517.98. The business's 50 day simple moving average is $463.39 and its 200-day simple moving average is $427.49.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the previous year, the company earned $1.04 earnings per share. The company's quarterly 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. On average, equities research analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $447.09, for a total transaction of $2,794,312.50. Following the completion of the sale, the director directly owned 774,761 shares in the company, valued at $346,387,895.49. The trade was a 0.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Johanna Flower sold 2,073 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total transaction of $983,037.33. Following the completion of the transaction, the director directly owned 81,383 shares of the company's stock, valued at approximately $38,592,632.43. This represents a 2.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 204,414 shares of company stock valued at $96,794,738 over the last three months. Corporate insiders own 3.32% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CRWD. Patron Partners LLC boosted its position in shares of CrowdStrike by 2.1% in the 2nd quarter. Patron Partners LLC now owns 1,076 shares of the company's stock worth $548,000 after purchasing an additional 22 shares in the last quarter. Real Talk Capital LLC increased its position in CrowdStrike by 0.9% during the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company's stock valued at $963,000 after buying an additional 24 shares in the last quarter. Tradewinds Capital Management LLC raised its stake in CrowdStrike by 20.8% during the first quarter. Tradewinds Capital Management LLC now owns 145 shares of the company's stock valued at $51,000 after buying an additional 25 shares during the last quarter. Close Asset Management Ltd boosted 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 acquiring an additional 25 shares in the last quarter. Finally, Ramirez Asset Management Inc. grew its stake in shares of 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 acquiring an additional 25 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

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.