CrowdStrike (NASDAQ:CRWD) Stock Price Expected to Rise, Truist Financial Analyst Says

Key Points

• Truist Financial has raised its price target for CrowdStrike's stock from $500 to $550, indicating a potential upside of 12.21% based on its current price and maintaining a "buy" rating.
• Other brokerages have also increased their price targets significantly, with Wells Fargo raising theirs to $550 and Goldman Sachs to $530, showing strong institutional confidence in CrowdStrike's growth.
• CrowdStrike reported a quarterly earnings per share (EPS) of $0.93, exceeding estimates and indicating a 21.4% revenue growth compared to the previous year, with FY 2026 EPS guidance set between 3.600 and 3.720.

CrowdStrike (NASDAQ:CRWD - Get Free Report) had its target price lifted by analysts at Truist Financial from $500.00 to $550.00 in a note issued to investors on Thursday, MarketBeat reports. The brokerage presently has a "buy" rating on the stock. Truist Financial's price objective suggests a potential upside of 9.42% from the stock's previous close.

CRWD has been the subject of several other research reports. Bank of America restated a "neutral" rating and set a $470.00 price target (up previously from $420.00) on shares of CrowdStrike in a research note on Wednesday, June 4th. Mizuho upped their price target on CrowdStrike from $430.00 to $450.00 and gave the stock a "neutral" rating in a research note on Wednesday. Morgan Stanley upped their price target on CrowdStrike from $460.00 to $475.00 and gave the stock an "equal weight" rating in a research note on Thursday. Rosenblatt Securities restated a "buy" rating and set a $490.00 price target on shares of CrowdStrike in a research note on Thursday. Finally, Macquarie restated a "neutral" rating and set a $465.00 price target on shares of CrowdStrike in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $471.23.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded up $57.13 during trading on Thursday, reaching $502.63. The company's stock had a trading volume of 10,102,242 shares, compared to its average volume of 3,333,476. The company has a 50-day moving average price of $442.46 and a two-hundred day moving average price of $428.94. The firm has a market cap of $126.14 billion, a PE ratio of -422.37, a P/E/G ratio of 104.78 and a beta of 1.12. CrowdStrike has a fifty-two week low of $272.67 and a fifty-two week high of $517.98. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced 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. The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company's quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity

In related news, CFO Burt W. Podbere sold 11,883 shares of the 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 directly owned 231,130 shares in the company, valued at approximately $105,272,781.10. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 value of $19,040,015.49. Following the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 143,734 shares of company stock valued at $67,337,728 in the last three months. Company insiders own 3.32% of the company's stock.

Hedge Funds Weigh In On CrowdStrike

Large investors have recently added to or reduced their stakes in the business. Cloud Capital Management LLC purchased a new position in CrowdStrike during the first quarter worth about $25,000. Atlantic Edge Private Wealth Management LLC raised its holdings 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 worth $26,000 after purchasing an additional 40 shares during the period. Vision Financial Markets LLC purchased a new position in shares of CrowdStrike in the 1st quarter worth about $26,000. AlphaQuest LLC purchased a new position in shares of CrowdStrike in the 2nd quarter worth about $26,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its holdings 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 worth $27,000 after purchasing an additional 58 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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.