CrowdStrike (NASDAQ:CRWD) Price Target Raised to $500.00

Key Points

• CrowdStrike's price target has been raised from $430.00 to $500.00 by Canaccord Genuity, while maintaining a "hold" rating, indicating a potential downside of 0.51% from the stock's previous close.
• The stock has received mixed ratings from research firms, with others adjusting their targets; for instance, Scotiabank set its target at $440.00 and Cfra at $555.00, showcasing varied investor sentiments.
• CrowdStrike reported $1.17 billion in quarterly revenue, surpassing expectations, and announced EPS guidance for FY 2026 between 3.600 and 3.720, highlighting growth despite a negative net margin.

CrowdStrike (NASDAQ:CRWD - Get Free Report) had its price objective boosted by equities research analysts at Canaccord Genuity Group from $430.00 to $500.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a "hold" rating on the stock. Canaccord Genuity Group's price target suggests a potential downside of 0.51% from the stock's previous close.

Several other research firms have also weighed in on CRWD. Scotiabank lowered their target price on CrowdStrike from $480.00 to $440.00 and set a "sector perform" rating on the stock in a report on Thursday, August 28th. Cfra restated a "hold" rating and set a $555.00 price objective (up previously from $517.00) on shares of CrowdStrike in a research note on Thursday, July 10th. Stephens increased their target price on CrowdStrike from $450.00 to $540.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Bank of America reissued a "neutral" rating and issued a $470.00 price target (up previously from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Finally, Stifel Nicolaus raised their price target on CrowdStrike from $495.00 to $515.00 and gave the stock a "buy" rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $475.60.

CrowdStrike Trading Down 0.0%

CrowdStrike stock opened at $502.55 on Monday. The stock has a 50-day moving average price of $442.94 and a 200 day moving average price of $430.74. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $126.12 billion, a price-to-earnings ratio of -422.31, a price-to-earnings-growth ratio of 120.33 and a beta of 1.12. CrowdStrike has a 52 week low of $272.67 and a 52 week high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.10. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same period in the prior year, the business earned $1.04 EPS. The firm'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. Sell-side analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Transactions at CrowdStrike

In related news, Director Johanna Flower sold 2,073 shares of the firm's stock in a transaction on Tuesday, July 15th. The shares were 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 trade represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 42,267 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 101,741 shares of company stock worth $47,456,437. 3.32% of the stock is owned by corporate insiders.

Institutional Trading of CrowdStrike

Several large investors have recently made changes to their positions in CRWD. Blue Trust Inc. lifted its holdings in CrowdStrike by 20.4% during the first quarter. Blue Trust Inc. now owns 1,267 shares of the company's stock valued at $447,000 after purchasing an additional 215 shares in the last quarter. OLD National Bancorp IN purchased a new stake in shares of CrowdStrike during the 1st quarter worth approximately $248,000. Bessemer Group Inc. raised its position in CrowdStrike by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock valued at $783,000 after purchasing an additional 98 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of CrowdStrike by 33.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company's stock worth $8,483,000 after purchasing an additional 5,998 shares during the period. Finally, Benchmark Investment Advisors LLC grew its stake in CrowdStrike by 90.8% in the 1st quarter. Benchmark Investment Advisors LLC now owns 10,248 shares of the company's stock valued at $3,613,000 after acquiring an additional 4,877 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

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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