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NASDAQ:CRWD

CrowdStrike (CRWD) Stock Forecast, Price & News

$160.13

+1.54 (+0.97%)

(As of 05/31/2023 ET)

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Today's Range: $157.01
▼
$161.80
50-Day Range: $116.74
▼
$160.13
52-Week Range: $92.25
▼
$205.73

Volume: 10.15 million shs
Average Volume: 4.72 million shs
Market Capitalization: $37.77 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $172.58

CrowdStrike MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 8.6% Upside
$173.89 Price Target
Short Interest: Healthy
3.05% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.15
Upright™ Environmental Score
News Sentiment: 0.70
Based on 42 Articles This Week
Insider Trading: Selling Shares
$12.66 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.22) to $0.06 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Computer And Technology Sector

273rd out of 621 stocks

Prepackaged Software Industry

79th out of 219 stocks

2.4

Analyst's Opinion

Consensus Rating
CrowdStrike has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 36 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $173.89, CrowdStrike has a forecasted upside of 8.6% from its current price of $160.13.
Amount of Analyst Coverage
CrowdStrike has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
3.05% of the outstanding shares of CrowdStrike have been sold short.
Short Interest Ratio / Days to Cover
CrowdStrike has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CrowdStrike has recently decreased by 4.00%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
CrowdStrike does not currently pay a dividend.
Dividend Growth
CrowdStrike does not have a long track record of dividend growth.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CrowdStrike has received a 54.01% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity management systems", "Antivirus software", and "Cloud security software" products. See details.
Environmental Sustainability
The Environmental Impact score for CrowdStrike is -1.15.

3.2

News and Social Media Coverage

News Sentiment
CrowdStrike has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 42 news articles for CrowdStrike this week, compared to 11 articles on an average week.
Search Interest
153 people have searched for CRWD on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.
MarketBeat Follows
Only 51 people have added CrowdStrike to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CrowdStrike insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,663,171.00 in company stock.
Percentage Held by Insiders
Only 5.68% of the stock of CrowdStrike is held by insiders.
Percentage Held by Institutions
65.05% of the stock of CrowdStrike is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for CrowdStrike are expected to grow in the coming year, from ($0.22) to $0.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CrowdStrike is -202.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CrowdStrike is -202.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CrowdStrike has a P/B Ratio of 25.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike Holdings, Inc. is a US-based multinational cybersecurity company headquartered in Austin, Texas. The company provides security solutions for cloud-based workloads, endpoint security, threat intelligence and cyber attack response.

Crowdstrike Holdings, Inc. was founded by three partners in 2011. They brought on a 4th in 2012, a former FBI official, to lead the newly designated Crowdstrike Services group. The group was intended to pair with existing services and provide response services for victims of cyber crimes. The company launched its first product, Falcon, in 2013, and it is still the primary source of revenue. The company counts cloud-based giants like Google, AWS, Redhat, Salesforce.com and ServiceNow as clients, among many others.

In the time since, Crowdstrike Holdings, Inc has been at the heart of the fight against cybercrime. Its research and services have detected or been used to investigate numerous high-profile events, including the Sony Pictures hack, the DNC hack and espionage by China against the US.

Crowdstrike Holdings, Inc entered a high-growth phase around 2015 and raised funds through multiple capital raises. Google is a notable investor and one of the world’s leading cloud infrastructure providers. The company maintains a high level of institutional ownership to this day.

Crowdstrike came to the public market in 2019. The company held its IPO on the NASDAQ Exchange and surprised the market with its valuation and post-IPO action. The stock first traded above the expected range and then quickly doubled in price. However, investors had to endure a brief pullback to below the IPO price in late 2019 and early 2020, which was negated by a surge in demand spurred by the COVID-19 pandemic. Total revenue in 2022 came in at $1.45 billion, up 66% from the previous year.

The company offers its services via five packages all based on the core Falcon system. The base package is called Falcon Go and is suited to smaller operations and those just getting started with Crowdstrike. The highest level is Falcon Complete which provides end-to-end security and response services. Services are classified into three groups: prevention, response and assessment/evolution of needs.

Crowdstrike is the recognized leader in endpoint security. Endpoint security focuses on securing digital endpoints such as computers, laptops and mobile devices used by a network. Gartner’s Customer’s Choice Award is among the many awards and recognitions, which the company has won for several years. On a category basis, the company scored 4 out of 5 stars in all five categories, with responses from more than 230 individual companies.

One of the advantages of using Crowdstrike is its unified nature. Not only can users get an end-to-end security package, but they can leverage its research capabilities as well. These capabilities are seen in the proactive threat detection and prevention tools at the cutting edge of today’s cybersecurity industry. Advanced AI helps to connect the dots and provide more comprehensive protection.

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CRWD Stock News Headlines

June 1, 2023 | americanbankingnews.com

Royal Bank of Canada Increases CrowdStrike (NASDAQ:CRWD) Price Target to $180.00

June 1, 2023 | seekingalpha.com

CrowdStrike: Decent Q1 Earnings, Post-Earnings Selloff Largely Driven By Premium Valuation

June 1, 2023 | Legacy Research (Affiliate) (Ad)

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June 1, 2023 | technews.tmcnet.com

CrowdStrike Achieves IL5 Authorization to Secure U.S. Department of Defense

June 1, 2023 | finance.yahoo.com

CrowdStrike (CRWD) Q1 2024 Earnings Call Transcript

May 31, 2023 | msn.com

CrowdStrike Shares Slip Despite Earnings Beat, Strong Outlook: The Details

May 31, 2023 | markets.businessinsider.com

Stephens Reaffirms Their Buy Rating on CrowdStrike Holdings (CRWD)

May 31, 2023 | msn.com

CrowdStrike's in-line sales forecast fails to impress Wall Street

June 1, 2023 | Vantage Point (Ad)

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May 31, 2023 | msn.com

Compared to Estimates, CrowdStrike (CRWD) Q1 Earnings: A Look at Key Metrics

May 31, 2023 | theglobeandmail.com

CrowdStrike (NASDAQ:CRWD) Beats Q1 Sales Targets But Stock Drops

May 31, 2023 | msn.com

CrowdStrike (CRWD) earnings report Q1 2024

May 31, 2023 | seekingalpha.com

CrowdStrike Q1 FY2024 Earnings Review: Keep Calm And Consider Buying The Dip

May 31, 2023 | seekingalpha.com

CrowdStrike Holdings, Inc. 2024 Q1 - Results - Earnings Call Presentation

May 31, 2023 | msn.com

CrowdStrike (NASDAQ:CRWD) Q1 Earnings Today: Will it Beat Forecasts?

May 31, 2023 | msn.com

BTIG Maintains Crowdstrike Holdings Inc - (CRWD) Buy Recommendation

May 31, 2023 | msn.com

CrowdStrike jumps into generative AI, with hopes of countering cybersecurity-worker shortage

May 31, 2023 | msn.com

CrowdStrike Q1 Earnings Preview: Guidance in focus as competition heats up

May 31, 2023 | finance.yahoo.com

Recent uptick might appease CrowdStrike Holdings, Inc. (NASDAQ:CRWD) institutional owners after losing 0.9% over the past year

May 31, 2023 | finance.yahoo.com

CrowdStrike to Accelerate Development of AI in Cybersecurity with AWS

May 31, 2023 | finance.yahoo.com

Will CrowdStrike Stand Out From the Crowd After Earnings?

May 31, 2023 | americanbankingnews.com

BTIG Research Increases CrowdStrike (NASDAQ:CRWD) Price Target to $188.00

May 31, 2023 | americanbankingnews.com

Wedbush Raises CrowdStrike (NASDAQ:CRWD) Price Target to $170.00

May 30, 2023 | finance.yahoo.com

Time to Buy into the Growth of These Tech Stocks as Earnings Approach?

May 30, 2023 | msn.com

Rosenblatt Reiterates Crowdstrike Holdings Inc - (CRWD) Buy Recommendation

May 30, 2023 | msn.com

Needham Reiterates Crowdstrike Holdings Inc - (CRWD) Buy Recommendation

May 30, 2023 | seekingalpha.com

CrowdStrike: Buy More For Less

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30 days | 90 days | 365 days | Advanced Chart

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CRWD Company Calendar

Last Earnings: 3/07/2023
Today: 6/01/2023
Next Earnings (Estimated): 8/28/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:CRWD
CUSIP: N/A
CIK: 1535527
Web: www.crowdstrike.com
Phone: (888) 512-8906
Fax: N/A
Employees: 7,273
Year Founded: 2011

Price Target and Rating

Average Stock Price Forecast: $173.89
High Stock Price Forecast: $280.00
Low Stock Price Forecast: $120.00
Forecasted Upside/Downside: +7.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 41 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.79)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-183,240,000.00
Net Margins: -8.18%
Pretax Margin: -7.13%
Return on Equity: -12.20%
Return on Assets: -3.62%

Debt

Debt-to-Equity Ratio: 0.50
Current Ratio: 1.73
Quick Ratio: 1.73

Sales & Book Value

Annual Sales: $2.24 billion
Price / Sales: 16.85
Cash Flow: $0.47 per share
Price / Cash Flow: 341.24
Book Value: $6.31 per share
Price / Book: 25.38

Miscellaneous

Outstanding Shares: 235,860,000
Free Float: 222,467,000
Market Cap: $37.77 billion
Optionable: Not Optionable
Beta: 1.03

Social Links

Key Executives

George P. Kurtz
Co-President, Chief Executive Officer & Director

Michael Sentonas
Co-President

Steve McMahon
Chief Information Officer & VP-Operations

Burt W. Podbere
Chief Financial Officer

Adam Meyers
Vice President-Intelligence

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CRWD Stock - Frequently Asked Questions

Should I buy or sell CrowdStrike stock right now?: 41 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CrowdStrike in the last twelve months. There are currently 5 hold ratings and 36 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRWD shares.
View CRWD analyst ratings or view top-rated stocks.
What is CrowdStrike's stock price forecast for 2023?: 41 Wall Street research analysts have issued twelve-month target prices for CrowdStrike's stock. Their CRWD share price forecasts range from $120.00 to $280.00. On average, they predict the company's share price to reach $173.89 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price.
View analysts price targets for CRWD or view top-rated stocks among Wall Street analysts.
How have CRWD shares performed in 2023?: CrowdStrike's stock was trading at $105.29 at the beginning of the year. Since then, CRWD stock has increased by 52.1% and is now trading at $160.13.
View the best growth stocks for 2023 here.
When is CrowdStrike's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 28th 2023.
View our CRWD earnings forecast.
How were CrowdStrike's earnings last quarter?: CrowdStrike Holdings, Inc. (NASDAQ:CRWD) posted its quarterly earnings results on Tuesday, March, 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by $0.01. The firm earned $637.37 million during the quarter, compared to the consensus estimate of $624.68 million. CrowdStrike had a negative trailing twelve-month return on equity of 12.20% and a negative net margin of 8.18%.
What ETFs hold CrowdStrike's stock?: ETFs with the largest weight of CrowdStrike (NASDAQ:CRWD) stock in their portfolio include Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), TrueShares Technology, AI & Deep Learning ETF (LRNZ), Global X Cybersecurity ETF (BUG), WisdomTree Cybersecurity Fund (WCBR), Spear Alpha ETF (SPRX), ETFMG Prime Cyber Security ETF (HACK), AXS Brendan Wood TopGun Index ETF (TGN) and iShares Cybersecurity and Tech ETF (IHAK).
What guidance has CrowdStrike issued on next quarter's earnings?: CrowdStrike updated its FY24 earnings guidance on Wednesday, May, 31st. The company provided earnings per share guidance of $2.32-2.43 for the period, compared to the consensus estimate of $2.31. The company issued revenue guidance of $3.0005-3.0367 billion, compared to the consensus revenue estimate of $3.00 billion.
What is George Kurtz's approval rating as CrowdStrike's CEO?: 311 employees have rated CrowdStrike Chief Executive Officer George Kurtz on Glassdoor.com. George Kurtz has an approval rating of 96% among the company's employees. This puts George Kurtz in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 88.0% of employees surveyed would recommend working at CrowdStrike to a friend.

What other stocks do shareholders of CrowdStrike own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CrowdStrike investors own include NVIDIA (NVDA), Zoom Video Communications (ZM), DocuSign (DOCU), Tesla (TSLA), Block (SQ), PayPal (PYPL), Advanced Micro Devices (AMD), Shopify (SHOP), Salesforce (CRM) and Okta (OKTA).
When did CrowdStrike IPO?: (CRWD) raised $378 million in an IPO on Wednesday, June 12th 2019. The company issued 18,000,000 shares at $19.00-$23.00 per share. Goldman Sachs, J.P. Morgan, BofA Merrill Lynch and Barclays served as the underwriters for the IPO and Credit Suisse, Jefferies, RBC Capital Markets, Stifel, HSBC, Macquarie Capital, Piper Jaffray, SunTrust Robinson Humphrey, BTIG, JMP Securities, Mizuho Securities and Needham & Company Oppenheimer were co-managers.
What is CrowdStrike's stock symbol?: CrowdStrike trades on the NASDAQ under the ticker symbol "CRWD."
Who are CrowdStrike's major shareholders?: CrowdStrike's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.80%), Jennison Associates LLC (2.06%), State Street Corp (1.83%), Clearbridge Investments LLC (1.40%), Geode Capital Management LLC (1.30%) and Renaissance Technologies LLC (1.18%). Insiders that own company stock include Abhishek Maheshwari, Anurag Saha, Bali Muralidhar, Burt W Podbere, Burt W Podbere, Cary Davis, Colin Black, Denis Oleary, George Kurtz, Gerhard Watzinger, Godfrey Sullivan, Joseph E Sexton, Joseph E Sexton, Joseph P Landy, Michael J Carpenter, Michael J Carpenter, Michael Sentonas, Peter Cameron Hyzer, Pincus Private Equity Warburg, Roxanne S Austin, Roxanne S Austin, Sameer K Gandhi, Sameer K Gandhi and Shawn Henry.
View institutional ownership trends.
How do I buy shares of CrowdStrike?: Shares of CRWD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CrowdStrike's stock price today?: One share of CRWD stock can currently be purchased for approximately $160.13.
How much money does CrowdStrike make?: CrowdStrike (NASDAQ:CRWD) has a market capitalization of $37.77 billion and generates $2.24 billion in revenue each year. The company earns $-183,240,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis.
How many employees does CrowdStrike have?: The company employs 7,273 workers across the globe.
Does CrowdStrike have any subsidiaries?: The following companies are subsidiares of CrowdStrike: CrowdStrike (Netherlands) B.V., CrowdStrike Australia PTY LTD, CrowdStrike Canada, CrowdStrike GMBH, CrowdStrike India Private Limited, CrowdStrike International Inc., CrowdStrike Ireland Limited, CrowdStrike Israel, CrowdStrike Italy S.R.L., CrowdStrike Japan KK, CrowdStrike Malaysia Sdn. Bhd., CrowdStrike Mexico S de RL de CV, CrowdStrike Middle East DMCC, CrowdStrike S.R.L., CrowdStrike Services, CrowdStrike Singapore PTE. LTD, CrowdStrike UK LTD, Payload Security, and Preempt Security.
Read More
How can I contact CrowdStrike?: CrowdStrike's mailing address is 150 MATHILDA PLACE SUITE 300, SUNNYVALE CA, 94086. The official website for the company is www.crowdstrike.com. The company can be reached via phone at (888) 512-8906 or via email at investors@crowdstrike.com.

This page (NASDAQ:CRWD) was last updated on 6/1/2023 by MarketBeat.com Staff

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CrowdStrike (CRWD) Stock Forecast, Price & News

CrowdStrike MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CrowdStrike (NASDAQ:CRWD) Stock

CRWD Stock News Headlines

CRWD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CRWD Stock - Frequently Asked Questions

Overall MarketRank^™