CrowdStrike (NASDAQ:CRWD) Trading 1.8% Higher - What's Next?

Key Points

• CrowdStrike's stock price increased by 1.8%, reaching a last trading price of $425.06, despite a significant drop in trading volume compared to its average.
• A series of analyst ratings appear mixed, with some firms lowering their ratings and target prices, although a majority maintain a "Moderate Buy" consensus with an average target price of $464.37.
• The company reported quarterly earnings of $0.73 per share, beating estimates, and forecasted fiscal year 2026 EPS guidance between $3.440 and $3.560.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s stock price traded up 1.8% during mid-day trading on Wednesday . The company traded as high as $427.15 and last traded at $425.06. 1,379,489 shares traded hands during trading, a decline of 62% from the average session volume of 3,647,278 shares. The stock had previously closed at $417.60.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Piper Sandler lowered shares of CrowdStrike from an "overweight" rating to a "neutral" rating and set a $505.00 target price on the stock. in a research report on Monday, July 7th. Macquarie started coverage on shares of CrowdStrike in a research report on Thursday, July 17th. They set a "neutral" rating and a $465.00 target price on the stock. Bank of America reiterated a "neutral" rating and set a $470.00 price target (up previously from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Roth Capital increased their price objective on shares of CrowdStrike from $410.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Finally, Royal Bank Of Canada increased their price objective on shares of CrowdStrike from $500.00 to $510.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Twenty-six analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average target price of $464.37.

CrowdStrike Price Performance

The business's 50 day moving average is $464.64 and its two-hundred day moving average is $427.52. The firm has a market cap of $106.15 billion, a P/E ratio of -615.15 and a beta of 1.13. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last posted its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.07. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm posted $0.93 earnings per share. The business's revenue was up 19.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. As a group, analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of the business'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 directly owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the business's stock in a transaction dated 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 approximately $105,272,781.10. This trade represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 204,414 shares of company stock valued at $96,794,738 in the last quarter. 3.32% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRWD. Vanguard Group Inc. raised its position in CrowdStrike by 2.6% in the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company's stock worth $11,933,425,000 after acquiring an additional 596,007 shares during the period. State Street Corp raised its position in CrowdStrike by 3.6% in the second quarter. State Street Corp now owns 10,804,651 shares of the company's stock worth $5,502,917,000 after acquiring an additional 370,965 shares during the period. Jennison Associates LLC raised its position in CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company's stock worth $2,314,785,000 after acquiring an additional 1,144,295 shares during the period. Geode Capital Management LLC raised its position in CrowdStrike by 5.0% in the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company's stock worth $2,903,752,000 after acquiring an additional 273,922 shares during the period. Finally, Laurel Wealth Advisors LLC raised its position in CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company's stock worth $2,186,714,000 after acquiring an additional 4,285,640 shares during the period. 71.16% of the stock is currently 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.

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.