CrowdStrike (NASDAQ:CRWD) Stock Price Up 4.4% - Here's Why

Key Points

• CrowdStrike's stock price rose by 4.4% on Thursday, reaching a trading high of $522.43, with a last trade at $521.98 and a notable decrease in trading volume compared to its average.
• Analysts have been bullish on CrowdStrike, with several firms raising their price targets, including Goldman Sachs increasing it to $535.00 and Zacks upgrading the stock to a strong-buy rating.
• The company's earnings reports show a revenue increase of 21.4% year-over-year, with earnings per share of $0.93, beating analyst estimates and prompting positive forecasts for future quarters.

CrowdStrike (NASDAQ:CRWD - Get Free Report) rose 4.4% during trading on Thursday . The stock traded as high as $522.43 and last traded at $521.98. Approximately 3,138,342 shares were traded during trading, a decline of 12% from the average daily volume of 3,579,284 shares. The stock had previously closed at $500.11.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Capital One Financial raised their price objective on CrowdStrike from $495.00 to $519.00 and gave the company an "overweight" rating in a research note on Thursday, September 18th. Oppenheimer raised their price objective on CrowdStrike from $520.00 to $560.00 and gave the company an "outperform" rating in a research note on Friday, October 17th. Macquarie raised their price objective on CrowdStrike from $465.00 to $485.00 and gave the company a "neutral" rating in a research note on Friday, September 19th. The Goldman Sachs Group raised their price objective on CrowdStrike from $492.00 to $535.00 and gave the company a "buy" rating in a research note on Friday, September 19th. Finally, Zacks Research raised CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $496.47.

CrowdStrike Stock Up 4.4%

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a fifty day moving average price of $459.42 and a two-hundred day moving average price of $451.56. The company has a market cap of $131.00 billion, a P/E ratio of -438.63, a price-to-earnings-growth ratio of 118.42 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted 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 return on equity of 1.53% and a negative net margin of 6.84%.The company 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 earnings per share. The company's revenue for the quarter 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, research analysts expect that CrowdStrike will post 0.55 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In related news, Director Johanna Flower sold 2,347 shares of CrowdStrike stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the sale, the director directly owned 79,057 shares in the company, valued at approximately $38,815,405.86. This trade represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 1,762 shares of CrowdStrike stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $482.41, for a total value of $850,006.42. Following the sale, the chief accounting officer owned 37,255 shares in the company, valued at $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 158,090 shares of company stock valued at $75,500,649 in the last ninety days. 3.32% of the stock is owned by corporate insiders.

Institutional Trading of CrowdStrike

A number of hedge funds have recently bought and sold shares of CRWD. Brighton Jones LLC lifted its holdings in CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after acquiring an additional 2,417 shares during the period. GAMMA Investing LLC raised its stake in shares of CrowdStrike by 43.6% in the first quarter. GAMMA Investing LLC now owns 3,082 shares of the company's stock valued at $1,087,000 after buying an additional 936 shares during the period. Continuum Advisory LLC raised its stake in shares of CrowdStrike by 9.2% in the first quarter. Continuum Advisory LLC now owns 784 shares of the company's stock valued at $276,000 after buying an additional 66 shares during the period. Asset Management One Co. Ltd. raised its stake in shares of CrowdStrike by 11.1% in the first quarter. Asset Management One Co. Ltd. now owns 136,686 shares of the company's stock valued at $48,193,000 after buying an additional 13,630 shares during the period. Finally, Legacy Advisors LLC raised its stake in shares of CrowdStrike by 57.6% in the first quarter. Legacy Advisors LLC now owns 1,470 shares of the company's stock valued at $518,000 after buying an additional 537 shares during the period. 71.16% of the stock is currently owned by 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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