CrowdStrike (NASDAQ:CRWD) Stock Price Expected to Rise, TD Cowen Analyst Says

CrowdStrike (NASDAQ:CRWD) had its price target raised by investment analysts at TD Cowen from $500.00 to $580.00 in a report released on Friday,MarketScreener reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price indicates a potential upside of 18.40% from the company’s current price.

Several other brokerages have also recently commented on CRWD. Macquarie boosted their price target on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Cantor Fitzgerald upped their target price on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. DZ Bank cut shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 target price for the company. in a research report on Wednesday, September 24th. Mizuho boosted their price target on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $490.00 price objective on shares of CrowdStrike in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average target price of $487.11.

CrowdStrike Stock Down 1.4%

Shares of NASDAQ CRWD opened at $489.88 on Friday. The firm has a market cap of $122.94 billion, a price-to-earnings ratio of -411.66, a price-to-earnings-growth ratio of 115.12 and a beta of 1.19. The company’s 50-day simple moving average is $446.22 and its 200-day simple moving average is $440.01. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. CrowdStrike has a 52-week low of $283.80 and a 52-week high of $517.98.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company posted $1.04 EPS. CrowdStrike’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Equities analysts predict that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 2,234 shares of the business’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.68, for a total transaction of $1,107,349.12. Following the sale, the chief accounting officer directly owned 39,017 shares in the company, valued at $19,339,946.56. This represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Michael Sentonas sold 20,000 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the sale, the president directly owned 379,116 shares in the company, valued at $189,558,000. This represents a 5.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 132,816 shares of company stock worth $62,606,356 over the last 90 days. 3.32% of the stock is owned by insiders.

Institutional Trading of CrowdStrike

Large investors have recently modified their holdings of the stock. Cloud Capital Management LLC acquired a new position in CrowdStrike during the 1st quarter worth $25,000. Atlantic Edge Private Wealth Management LLC grew its position in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock worth $26,000 after buying an additional 40 shares in the last quarter. Vision Financial Markets LLC purchased a new stake in shares of CrowdStrike during the first quarter worth approximately $26,000. AlphaQuest LLC acquired a new stake in CrowdStrike in the second quarter valued at approximately $26,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its stake in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

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.