CrowdStrike (NASDAQ:CRWD) Rating Lowered to Sell at DZ Bank

Key Points

• CrowdStrike's rating has been downgraded by DZ Bank from "hold" to "sell," with a new price target of $440, indicating a potential downside of 9.11% from its prior closing price.
• Despite the downgrade, other analysts such as Oppenheimer and Stephens maintain higher price targets, with Oppenheimer setting theirs at $520 and Stephens at $525, reflecting a range of opinions on the stock's performance.
• CrowdStrike reported a revenue increase of 21.4% year-over-year, with earnings per share of $0.93 surpassing analysts’ expectations of $0.83.

CrowdStrike (NASDAQ:CRWD - Get Free Report) was downgraded by research analysts at DZ Bank from a "hold" rating to a "sell" rating in a report issued on Wednesday, Marketbeat reports. They currently have a $440.00 price target on the stock. DZ Bank's price objective points to a potential downside of 9.11% from the company's previous close.

A number of other brokerages have also commented on CRWD. Oppenheimer reissued an "outperform" rating and issued a $520.00 price objective on shares of CrowdStrike in a research report on Thursday, August 28th. Stephens boosted their price objective on shares of CrowdStrike from $510.00 to $525.00 and gave the stock an "overweight" rating in a research report on Thursday, September 18th. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research report on Thursday, August 28th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of CrowdStrike from $430.00 to $435.00 and gave the stock a "hold" rating in a research report on Thursday, September 18th. Finally, Stifel Nicolaus boosted their price objective on shares of CrowdStrike from $495.00 to $515.00 and gave the stock a "buy" rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $478.88.

CrowdStrike Stock Performance

Shares of CRWD opened at $484.10 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a twelve month low of $272.67 and a twelve month high of $517.98. The firm's 50 day moving average price is $443.50 and its two-hundred day moving average price is $432.22. The firm has a market cap of $121.49 billion, a P/E ratio of -406.80, a PEG ratio of 115.88 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly 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 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the firm posted $1.04 earnings per share. The business's 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, analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Activity

In other CrowdStrike news, Director Johanna Flower sold 2,073 shares of the company's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total value of $983,037.33. Following the transaction, the director directly owned 81,383 shares in the company, valued at $38,592,632.43. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Burt W. Podbere sold 11,883 shares of the company's stock in a transaction 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 owned 231,130 shares in the company, valued at approximately $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. In the last three months, insiders sold 84,973 shares of company stock valued at $39,121,937. 3.32% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CrowdStrike

Institutional investors and hedge funds have recently modified their holdings of the stock. Blue Trust Inc. increased its holdings in shares of CrowdStrike by 20.4% in 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 during the last quarter. OLD National Bancorp IN acquired a new position in shares of CrowdStrike in the first quarter valued at about $248,000. Bessemer Group Inc. grew its stake in shares of CrowdStrike by 4.6% in the first quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock valued at $783,000 after acquiring an additional 98 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of CrowdStrike by 33.2% in the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company's stock valued at $8,483,000 after acquiring an additional 5,998 shares in the last quarter. Finally, Benchmark Investment Advisors LLC grew its stake in shares of CrowdStrike by 90.8% in the first 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 in the last quarter. 71.16% of the stock is currently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.