CrowdStrike (NASDAQ:CRWD – Get Rating) had its price objective increased by equities research analysts at Citigroup from $145.00 to $155.00 in a research report issued to clients and investors on Wednesday, The Fly reports. The firm presently has a “buy” rating on the stock. Citigroup’s price objective would suggest a potential upside of 27.38% from the company’s current price.
A number of other analysts have also recently commented on the company. Piper Sandler lowered their price target on CrowdStrike from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, January 5th. Evercore ISI reduced their price target on CrowdStrike from $200.00 to $190.00 and set an “outperform” rating for the company in a report on Wednesday. MKM Partners cut their price objective on CrowdStrike from $200.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, November 30th. BTIG Research dropped their price target on CrowdStrike from $234.00 to $148.00 and set a “buy” rating for the company in a research report on Wednesday, November 30th. Finally, Deutsche Bank Aktiengesellschaft cut CrowdStrike from a “buy” rating to a “hold” rating and decreased their price objective for the company from $150.00 to $115.00 in a report on Monday, January 23rd. Five analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company. According to data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $174.50.
CrowdStrike Price Performance
Shares of CRWD stock opened at $121.68 on Wednesday. CrowdStrike has a 52-week low of $92.25 and a 52-week high of $242.00. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.76 and a current ratio of 1.76. The firm has a market capitalization of $28.52 billion, a P/E ratio of -154.03 and a beta of 1.02. The stock has a 50 day moving average price of $110.06 and a 200 day moving average price of $136.17.
Insider Transactions at CrowdStrike
Hedge Funds Weigh In On CrowdStrike
Several hedge funds have recently made changes to their positions in the business. Coppell Advisory Solutions Corp. bought a new position in shares of CrowdStrike during the fourth quarter valued at $25,000. Mach 1 Financial Group LLC purchased a new stake in shares of CrowdStrike during the third quarter worth about $27,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in CrowdStrike during the 3rd quarter valued at approximately $32,000. Freedom Wealth Alliance LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $32,000. Finally, Pin Oak Investment Advisors Inc. lifted its stake in shares of CrowdStrike by 100.0% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 100 shares during the last quarter. 65.05% of the stock is owned by hedge funds and other institutional investors.
CrowdStrike Company Profile
CrowdStrike Holdings, Inc provides cybersecurity products and services to stop breaches. It offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management.
- Get a free copy of the StockNews.com research report on CrowdStrike (CRWD)
- Fossil Group: Should You Bet On Consumer Discretionary In 2023?
- BJ’s Wholesale Club Stock Moves Higher After Strong Results
- Monthly Realty Income is About to Get Bigger
- 3 Large Cap Dividend Challengers for Millennial Investors
- Sea Ltd Is On The Verge Of A 100% Rally, Should You Buy?
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.