CrowdStrike's (CRWD) Overweight Rating Reiterated at Cantor Fitzgerald

Key Points

• CrowdStrike's stock received an "overweight" rating and a price target of $475.00 from Cantor Fitzgerald, suggesting a potential upside of 12.72% from its recent close.
• The company reported an EPS of $0.73 for the quarter, exceeding expectations, with revenues of $1.10 billion, although slightly below the consensus estimate.
• Insider activity includes significant sales, with Director Roxanne S. Austin selling 9,447 shares and CEO George Kurtz selling 42,267 shares, impacting their ownership levels by 33.38% and 1.94% respectively.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s stock had its "overweight" rating reiterated by Cantor Fitzgerald in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $475.00 price objective on the stock. Cantor Fitzgerald's price objective indicates a potential upside of 12.72% from the company's previous close.

A number of other brokerages also recently commented on CRWD. BMO Capital Markets reduced their price objective on shares of CrowdStrike from $500.00 to $460.00 and set an "outperform" rating for the company in a research note on Monday. DA Davidson upped their price target on CrowdStrike from $415.00 to $530.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Oppenheimer upped their price target on CrowdStrike from $410.00 to $520.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. UBS Group reaffirmed a "buy" rating on shares of CrowdStrike in a research report on Tuesday, June 3rd. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $485.00 price target (up from $390.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Twenty-six equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $464.37.

CrowdStrike Stock Up 0.6%

Shares of NASDAQ CRWD opened at $421.3990 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. The firm has a market capitalization of $105.03 billion, a price-to-earnings ratio of -608.87 and a beta of 1.13. The stock has a 50 day moving average price of $466.12 and a 200 day moving average price of $427.59. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98.

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

Insider Buying and Selling

In other news, Director Roxanne S. Austin sold 9,447 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the sale, the director directly owned 18,858 shares of the company's stock, valued at $9,667,553.70. This represents a 33.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Kurtz sold 42,267 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the sale, 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 disclosure for this sale can be found here. Insiders sold 204,414 shares of company stock valued at $96,794,738 in the last 90 days. 3.32% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CRWD. Brighton Jones LLC increased its holdings in shares of CrowdStrike by 44.9% during the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock worth $2,670,000 after buying an additional 2,417 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of CrowdStrike by 3.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company's stock worth $96,234,000 after buying an additional 10,271 shares during the last quarter. Beacon Pointe Advisors LLC increased its holdings in shares of CrowdStrike by 2.4% during the 4th quarter. Beacon Pointe Advisors LLC now owns 28,582 shares of the company's stock worth $9,780,000 after buying an additional 658 shares during the last quarter. Bellwether Advisors LLC acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $37,000. Finally, Northern Trust Corp increased its holdings in shares of CrowdStrike by 16.6% during the 4th quarter. Northern Trust Corp now owns 2,271,722 shares of the company's stock worth $777,292,000 after buying an additional 324,136 shares during the last quarter. Institutional investors and hedge funds 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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