CrowdStrike's (CRWD) "Sell (D)" Rating Reaffirmed at Weiss Ratings

Key Points

• CrowdStrike's stock was reaffirmed with a "Sell (D)" rating by Weiss Ratings, indicating bearish sentiment from analysts.
• The company reported a 21.4% year-over-year revenue increase for the quarter, achieving $1.17 billion, which exceeded analyst expectations.
• Despite mixed ratings, the consensus among analysts remains a "Moderate Buy" with an average price target of $496.47.

CrowdStrike (NASDAQ:CRWD - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by equities research analysts at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

CRWD has been the subject of a number of other reports. Evercore ISI boosted their price target on CrowdStrike from $405.00 to $430.00 in a report on Thursday, September 18th. Citigroup restated an "outperform" rating on shares of CrowdStrike in a research report on Tuesday, September 23rd. Scotiabank raised shares of CrowdStrike from a "sector perform" rating to a "sector outperform" rating and increased their target price for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. JMP Securities increased their price target on CrowdStrike from $500.00 to $550.00 and gave the stock a "market outperform" rating in a research report on Tuesday, September 23rd. Finally, Macquarie upped their target price on CrowdStrike from $465.00 to $485.00 and gave the stock a "neutral" rating in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $496.47.

CrowdStrike Stock Performance

Shares of CRWD stock traded up $5.34 during mid-day trading on Friday, reaching $527.32. The stock had a trading volume of 2,548,971 shares, compared to its average volume of 2,386,615. The business's fifty day moving average is $463.35 and its 200-day moving average is $454.32. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The firm has a market cap of $132.34 billion, a price-to-earnings ratio of -443.12, a PEG ratio of 122.66 and a beta of 1.19. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $535.52.

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

Insider Buying and Selling

In other CrowdStrike news, 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 value of $19,040,015.49. Following the sale, the chief executive officer owned 2,132,887 shares of the company's stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Michael Sentonas sold 20,000 shares of the business's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total value of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares of the company's stock, valued at approximately $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 158,090 shares of company stock valued at $75,500,649. Company insiders own 3.32% of the company's stock.

Institutional Investors Weigh In On CrowdStrike

A number of hedge funds and other institutional investors have recently modified their holdings of CRWD. Bessemer Group Inc. increased its holdings in 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 buying an additional 98 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of CrowdStrike by 33.2% in the 1st 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 during the last quarter. Drucker Wealth 3.0 LLC purchased a new position in shares of CrowdStrike in the 2nd quarter valued at about $397,000. Pegasus Asset Management Inc. raised its position in shares of CrowdStrike by 3.4% during the 2nd quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company's stock worth $1,238,000 after acquiring an additional 79 shares in the last quarter. Finally, Draper Asset Management LLC lifted its stake in CrowdStrike by 59.1% during the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company's stock worth $2,176,000 after purchasing an additional 1,619 shares during 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.

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