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NASDAQ:CRWD

CrowdStrike (CRWD) Stock Forecast, Price & News

$162.57

+0.04 (+0.02%)

(As of 09/22/2023 ET)

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Today's Range: $162.01
▼
$166.59
50-Day Range: $144.03
▼
$172.29
52-Week Range: $92.25
▼
$181.84

Volume: 3.13 million shs
Average Volume: 3.88 million shs
Market Capitalization: $38.82 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $189.54

CrowdStrike MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 16.6% Upside
$189.54 Price Target
Short Interest: Healthy
2.63% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.06
Upright™ Environmental Score
News Sentiment: 0.52
Based on 73 Articles This Week
Insider Trading: Selling Shares
$52.50 M Sold Last Quarter
Proj. Earnings Growth: 96.77%
From $0.31 to $0.61 Per Share

Overall MarketRank^™

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

2.65 out of 5 stars

Computer And Technology Sector

107th out of 589 stocks

Prepackaged Software Industry

23rd out of 196 stocks

3.4

Analyst's Opinion

Consensus Rating
CrowdStrike has received a consensus rating of Moderate 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 $189.54, CrowdStrike has a forecasted upside of 16.6% from its current price of $162.57.
Amount of Analyst Coverage
CrowdStrike has been the subject of 28 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.63% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CrowdStrike has recently increased by 2.95%, indicating that investor sentiment is decreasing.

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 52.87% 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 -1.06.

3.1

News and Social Media Coverage

News Sentiment
CrowdStrike has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 73 news articles for CrowdStrike this week, compared to 12 articles on an average week.
Search Interest
144 people have searched for CRWD on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days.
MarketBeat Follows
164 people have added CrowdStrike to their MarketBeat watchlist in the last 30 days. This is an increase of 382% 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 $52,502,692.00 in company stock.
Percentage Held by Insiders
Only 5.68% of the stock of CrowdStrike is held by insiders.
Percentage Held by Institutions
63.53% of the stock of CrowdStrike is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for CrowdStrike are expected to grow by 96.77% in the coming year, from $0.31 to $0.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CrowdStrike is -396.51, 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 -396.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
CrowdStrike has a PEG Ratio of 15.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CrowdStrike has a P/B Ratio of 20.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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.

CRWD Price History

30 days | 90 days | 365 days | Advanced Chart

CRWD Stock News Headlines

September 21, 2023 | marketbeat.com

5 Sizzling Tech Companies on the Brink of Bullish Reversals (CRWD)

Tech stocks are on the move and some are forming solid reversal patterns that could lead to double-digit gains for investors.

September 11, 2023 | marketbeat.com

3 Stocks to Protect Your Portfolio in the Digital Age (CRWD)

The cybersecurity industry's importance has grown due to rapid digitization, with cyberattacks causing data breaches and financial losses.

September 23, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

September 5, 2023 | marketbeat.com

Is CrowdStrike's Surge A Sign Of Cybersecurity Revival?

As CrowdStrike approaches its best levels since November and other cybersecurity stocks rally, is a broader industry rebound on the horizon?

August 31, 2023 | marketbeat.com

6 Cybersecurity Stocks: Which is the Best to Buy? (CRWD)

These six cybersecurity stocks outperform their expectations and are set up to move higher on analysts' sentiment and growth.