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CrowdStrike (CRWD) Stock Price, News & Analysis

$385.25
-2.12 (-0.55%)
(As of 10:39 AM ET)
Today's Range
$383.51
$389.89
50-Day Range
$282.64
$387.37
52-Week Range
$139.37
$390.71
Volume
856,969 shs
Average Volume
3.69 million shs
Market Capitalization
$93.18 billion
P/E Ratio
726.90
Dividend Yield
N/A
Price Target
$375.61

CrowdStrike MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.0% Downside
$375.61 Price Target
Short Interest
Healthy
2.79% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.11
Upright™ Environmental Score
News Sentiment
0.55mentions of CrowdStrike in the last 14 days
Based on 75 Articles This Week
Insider Trading
Selling Shares
$101.23 M Sold Last Quarter
Proj. Earnings Growth
54.95%
From $0.91 to $1.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.09 out of 5 stars

Computer And Technology Sector

140th out of 587 stocks

Prepackaged Software Industry

51st out of 197 stocks

CRWD stock logo

About CrowdStrike Stock (NASDAQ:CRWD)

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 Stock Price History

CRWD Stock News Headlines

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Palantir stock dropped about 2% after news that it will not be added to the S&P 500, but despite the short-term setback, PLTR is still a solid long-term buy
CrowdStrike's Earnings: Consolidation and AI-Driven Growth
CrowdStrike Holdings, Inc. NASDAQ: CRWD is among the top players in the cybersecurity sector, a tech industry subsector. CrowdStrike's earnings were released for the first quarter of fiscal year 2025, highlighting the company's strategic focus on platform consolidation and AI-powered solutions.
CrowdStrike's Earnings: Consolidation and AI-Driven Growth
CrowdStrike's Q1 2025 earnings report showcases strong growth driven by platform consolidation and AI-powered solutions.
4 Best Stocks to Buy and 3 Best Stocks to Sell: June 2024
CrowdStrike (NASDAQ:CRWD) Hits New 1-Year High at $371.20
3 Stocks With the Best Shot to 10X by 2030: June Edition
The 3 Best Stocks to Buy in June 2024
Why CrowdStrike Stock Surged on Monday
KKR, CrowdStrike, and GoDaddy Gain on S&P 500 Inclusion
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
6/13/2024
Next Earnings (Estimated)
9/04/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:CRWD
Fax
N/A
Employees
7,925
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$375.61
High Stock Price Target
$430.00
Low Stock Price Target
$190.00
Potential Upside/Downside
-3.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
39 Analysts

Profitability

Net Income
$89.33 million
Pretax Margin
5.23%

Debt

Sales & Book Value

Annual Sales
$3.28 billion
Cash Flow
$2.15 per share
Book Value
$10.62 per share

Miscellaneous

Free Float
231,372,000
Market Cap
$93.69 billion
Optionable
Optionable
Beta
1.08

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Should I Buy CrowdStrike Stock? CRWD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CrowdStrike Holdings, Inc.:

  • CrowdStrike reported earnings per share of $0.24 for the quarter, beating analysts' estimates by $0.06. This indicates strong financial performance and potential growth.
  • The company had a revenue of $845.34 million during the quarter, surpassing the consensus estimate of $839.08 million, showcasing robust sales figures.
  • Analysts have given CrowdStrike a "buy" rating with a consensus target price of $371.87, suggesting positive sentiment and potential stock price appreciation.
  • Institutional investors have been increasing their positions in CrowdStrike, indicating confidence in the company's future prospects and stability.
  • Insider selling activity, while significant, can sometimes be a normal part of executives diversifying their holdings and may not necessarily indicate negative sentiment towards the company.

Cons

Investors should be bearish about investing in CrowdStrike Holdings, Inc. for these reasons:

  • Despite positive financial performance, the stock price of CrowdStrike has been volatile, which may introduce risk and uncertainty for investors.
  • While the company has shown growth potential, the cybersecurity industry is highly competitive, and CrowdStrike faces challenges from other established and emerging players.
  • Insider selling activity, especially when significant, can sometimes raise concerns among investors about the company's future performance or outlook.
  • Market conditions and regulatory changes in the cybersecurity sector can impact CrowdStrike's operations and profitability, leading to potential fluctuations in stock value.
  • Investors should carefully consider their risk tolerance and investment goals before committing to CrowdStrike, as the stock may experience price swings based on market sentiment and industry developments.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, May 30, 2024. Please send any questions or comments about these CrowdStrike pros and cons to contact@marketbeat.com.

CRWD Stock Analysis - Frequently Asked Questions

Should I buy or sell CrowdStrike stock right now?

39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CrowdStrike in the last year. There are currently 1 hold rating, 37 buy ratings and 1 strong buy rating 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 target for 2024?

39 equities research analysts have issued twelve-month target prices for CrowdStrike's shares. Their CRWD share price targets range from $190.00 to $430.00. On average, they predict the company's stock price to reach $375.61 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for CRWD
or view top-rated stocks among Wall Street analysts.

How have CRWD shares performed in 2024?

CrowdStrike's stock was trading at $255.32 on January 1st, 2024. Since then, CRWD shares have increased by 51.7% and is now trading at $387.37.
View the best growth stocks for 2024 here
.

When is CrowdStrike's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 4th 2024.
View our CRWD earnings forecast
.

How were CrowdStrike's earnings last quarter?

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) released its quarterly earnings data on Tuesday, November, 28th. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.08. The business earned $786.01 million during the quarter, compared to the consensus estimate of $777.30 million. CrowdStrike had a net margin of 4.01% and a trailing twelve-month return on equity of 7.39%. The firm's quarterly revenue was up 35.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.20) EPS.

What guidance has CrowdStrike issued on next quarter's earnings?

CrowdStrike issued an update on its second quarter 2025 earnings guidance on Tuesday, June, 4th. The company provided earnings per share guidance of 0.980-0.990 for the period, compared to the consensus estimate of 0.910. The company issued revenue guidance of $958.3 million-$961.2 million, compared to the consensus revenue estimate of $954.4 million.

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?

CrowdStrike (CRWD) raised $378 million in an IPO on Wednesday, June 12th 2019. The company issued 18,000,000 shares at a price of $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.

Who are CrowdStrike's major shareholders?

CrowdStrike's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.64%), Jennison Associates LLC (2.08%), Clearbridge Investments LLC (1.11%), Price T Rowe Associates Inc. MD (0.58%), Bank of New York Mellon Corp (0.49%) and Jane Street Group LLC (0.00%). 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, Michael J Carpenter, Michael J Carpenter, Michael Sentonas, Roxanne S Austin, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NASDAQ:CRWD) was last updated on 6/13/2024 by MarketBeat.com Staff

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