CrowdStrike (NASDAQ:CRWD) Stock Price Expected to Rise, DA Davidson Analyst Says

CrowdStrike (NASDAQ:CRWD - Free Report) had its price target boosted by DA Davidson from $415.00 to $530.00 in a report issued on Wednesday,Benzinga reports. DA Davidson currently has a buy rating on the stock. DA Davidson also issued estimates for CrowdStrike's Q2 2026 earnings at ($0.12) EPS.

Several other equities research analysts have also commented on the stock. Roth Capital assumed coverage on shares of CrowdStrike in a report on Wednesday, April 23rd. They issued a "buy" rating and a $410.00 price target for the company. Stifel Nicolaus set a $480.00 price target on shares of CrowdStrike and gave the stock a "buy" rating in a report on Thursday, May 22nd. DZ Bank lowered shares of CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price target for the company. in a report on Thursday, May 22nd. UBS Group reaffirmed a "buy" rating on shares of CrowdStrike in a report on Tuesday. Finally, Citigroup reissued an "outperform" rating on shares of CrowdStrike in a research report on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average price target of $449.38.

CrowdStrike Stock Performance

CRWD traded up $2.38 during trading on Wednesday, reaching $462.94. 6,174,926 shares of the company's stock were exchanged, compared to its average volume of 5,115,577. CrowdStrike has a 1 year low of $200.81 and a 1 year high of $491.20. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market capitalization of $114.75 billion, a P/E ratio of 907.74, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The company's fifty day simple moving average is $410.85 and its 200-day simple moving average is $386.40.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.07. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the firm posted $0.93 EPS. CrowdStrike's revenue for the quarter was up 19.8% compared to the same quarter last year. As a group, research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the sale, the insider now owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $324.16, for a total value of $2,026,000.00. Following the completion of the transaction, the director now directly owns 768,092 shares in the company, valued at $248,984,702.72. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 211,681 shares of company stock worth $87,081,236 in the last 90 days. 3.32% of the stock is owned by company insiders.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds and other institutional investors have recently modified their holdings of CRWD. FSA Wealth Management LLC lifted its holdings in shares of CrowdStrike by 11.2% during the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock valued at $78,000 after purchasing an additional 23 shares during the last quarter. Jacobi Capital Management LLC lifted its holdings in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock valued at $448,000 after purchasing an additional 25 shares during the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 25 shares during the last quarter. Close Asset Management Ltd lifted its holdings in shares of CrowdStrike by 23.8% during the first quarter. Close Asset Management Ltd now owns 130 shares of the company's stock valued at $46,000 after purchasing an additional 25 shares during the last quarter. Finally, Ramirez Asset Management Inc. raised its position in CrowdStrike by 5.9% during the first quarter. Ramirez Asset Management Inc. now owns 450 shares of the company's stock valued at $159,000 after buying an additional 25 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

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.