UBS Group Issues Pessimistic Forecast for CrowdStrike (NASDAQ:CRWD) Stock Price

Key Points

• UBS Group has reduced its price target for CrowdStrike (CRWD) from $545.00 to $500.00, while still maintaining a "buy" rating, indicating a potential upside of 15.16% from its current price.
• Multiple brokerages, including Stifel Nicolaus and Wells Fargo, have set higher price targets for CrowdStrike, with the average analyst rating being a "Moderate Buy" and an average target price of $459.00.
• Recent transactions show significant insider selling, with CEO George Kurtz selling $19 million worth of stock, which could signal a lack of confidence in the company's short-term performance among its leaders.

CrowdStrike (NASDAQ:CRWD - Get Free Report) had its price target cut by UBS Group from $545.00 to $500.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. UBS Group's price target would indicate a potential upside of 15.16% from the company's current price.

Several other brokerages have also issued reports on CRWD. Stifel Nicolaus increased their price objective on CrowdStrike from $480.00 to $495.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Wells Fargo & Company increased their price objective on CrowdStrike from $430.00 to $550.00 and gave the stock an "overweight" rating in a report on Monday, June 2nd. Susquehanna increased their price objective on CrowdStrike from $425.00 to $530.00 and gave the stock a "positive" rating in a report on Wednesday, June 4th. Morgan Stanley set a $460.00 price objective on CrowdStrike in a report on Thursday. Finally, Truist Financial restated a "buy" rating and set a $500.00 target price (up from $450.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Twenty-six analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $459.00.

CrowdStrike Price Performance

NASDAQ CRWD traded up $11.56 on Thursday, reaching $434.17. 4,077,276 shares of the stock traded hands, compared to its average volume of 3,689,451. The firm's fifty day simple moving average is $463.39 and its 200 day simple moving average is $427.49. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21. The company has a market cap of $108.22 billion, a price-to-earnings ratio of -629.27 and a beta of 1.13. CrowdStrike has a 12 month low of $242.25 and a 12 month high of $517.98.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The company's revenue was up 21.4% compared to the same quarter last year. During the same period last 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. As a group, research analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 42,267 shares of CrowdStrike 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 of the company's stock, valued at $960,801,606.89. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Johanna Flower sold 2,073 shares of CrowdStrike stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total value of $983,037.33. Following the sale, the director directly owned 81,383 shares in the company, valued at approximately $38,592,632.43. This trade represents a 2.48% 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 over the last quarter. Company insiders own 3.32% of the company's stock.

Institutional Investors Weigh In On CrowdStrike

A number of institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its holdings in shares of CrowdStrike by 20.4% in the 1st quarter. Blue Trust Inc. now owns 1,267 shares of the company's stock worth $447,000 after acquiring an additional 215 shares in the last quarter. OLD National Bancorp IN acquired a new position in shares of CrowdStrike in the 1st quarter worth approximately $248,000. Bessemer Group Inc. boosted its holdings in shares of CrowdStrike by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 2,221 shares of the company's stock worth $783,000 after acquiring an additional 98 shares in the last quarter. CX Institutional acquired a new position in shares of CrowdStrike in the 1st quarter worth approximately $175,000. Finally, Ritholtz Wealth Management boosted its holdings in shares of CrowdStrike by 23.8% in the 1st quarter. Ritholtz Wealth Management now owns 3,824 shares of the company's stock worth $1,348,000 after acquiring an additional 736 shares in the last quarter. 71.16% of the stock is 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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