CrowdStrike (NASDAQ:CRWD) Stock Price Down 1.1% - What's Next?

Key Points

• CrowdStrike's stock price decreased by 1.1%, trading between $402.66 and $408.54 during the previous session, with a significant drop in volume to approximately 937,570 shares.
• Analysts have mixed ratings for CrowdStrike, with target prices varying from $420 to $510, and an overall average consensus price target at $460.10.
• The company reported earnings of $0.93 per share, exceeding expectations and demonstrating a 21.4% year-over-year revenue increase, guiding for additional growth in FY 2026.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s share price was down 1.1% during trading on Thursday . The company traded as low as $402.66 and last traded at $408.54. Approximately 937,570 shares changed hands during trading, a decline of 75% from the average daily volume of 3,717,533 shares. The stock had previously closed at $413.20.

Analyst Ratings Changes

A number of equities analysts recently commented on CRWD shares. BTIG Research lowered their target price on CrowdStrike from $520.00 to $489.00 and set a "buy" rating for the company in a report on Thursday, August 28th. Roth Capital raised their target price on CrowdStrike from $410.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Royal Bank Of Canada set a $510.00 target price on CrowdStrike and gave the company an "outperform" rating in a report on Thursday, August 28th. Truist Financial reaffirmed a "buy" rating and issued a $500.00 price target (up previously from $450.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Finally, Stifel Nicolaus increased their price target on CrowdStrike from $480.00 to $495.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $460.10.

CrowdStrike Stock Down 0.2%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.85 and a current ratio of 1.88. The firm has a market cap of $102.80 billion, a price-to-earnings ratio of -346.60 and a beta of 1.12. The firm has a 50-day moving average price of $457.05 and a two-hundred day moving average price of $426.90.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping 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 business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the company earned $1.04 EPS. The business'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, sell-side analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity

In related news, CFO Burt W. Podbere sold 11,883 shares of the firm's stock in a transaction that occurred on 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 trade represents a 4.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Denis Oleary sold 15,680 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $468.93, for a total value of $7,352,822.40. Following the transaction, the director owned 36,906 shares in the company, valued at $17,306,330.58. This represents a 29.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 188,164 shares of company stock worth $88,876,050 over the last ninety days. 3.32% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new position in shares of CrowdStrike in the 1st quarter valued at approximately $25,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike in the 1st quarter valued at approximately $26,000. AlphaQuest LLC purchased a new position in shares of CrowdStrike in the 2nd quarter valued at approximately $26,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its stake in shares of CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after purchasing an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

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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