Scotiabank Has Negative View of CrowdStrike FY2026 Earnings

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) – Scotiabank decreased their FY2026 earnings per share estimates for CrowdStrike in a report released on Monday, June 9th. Scotiabank analyst P. Colville now expects that the company will post earnings of ($0.65) per share for the year, down from their previous estimate of ($0.41). Scotiabank currently has a “Sector Perform” rating and a $480.00 price target on the stock. The consensus estimate for CrowdStrike’s current full-year earnings is $0.55 per share.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.93 EPS.

A number of other research firms have also issued reports on CRWD. BMO Capital Markets upped their price target on CrowdStrike from $405.00 to $500.00 and gave the company an “outperform” rating in a research report on Wednesday, June 4th. Barclays set a $500.00 target price on CrowdStrike in a report on Tuesday, June 3rd. Stifel Nicolaus lifted their price target on CrowdStrike from $480.00 to $495.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Rosenblatt Securities boosted their price target on shares of CrowdStrike from $450.00 to $515.00 and gave the company a “buy” rating in a research report on Monday, June 2nd. Finally, Wedbush raised their price objective on shares of CrowdStrike from $475.00 to $525.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 3rd. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $453.17.

CrowdStrike Stock Up 1.0%

Shares of NASDAQ CRWD opened at $481.73 on Thursday. The stock has a market cap of $119.41 billion, a PE ratio of 944.59, a P/E/G ratio of 17.86 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike has a 12-month low of $200.81 and a 12-month high of $491.20. The company has a 50-day moving average of $425.70 and a 200 day moving average of $391.11.

Institutional Investors Weigh In On CrowdStrike

Institutional investors have recently modified their holdings of the company. Compass Financial Services Inc lifted its holdings in CrowdStrike by 36.2% during the 1st quarter. Compass Financial Services Inc now owns 192 shares of the company’s stock worth $68,000 after buying an additional 51 shares during the last quarter. 1248 Management LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth about $246,000. Nova Wealth Management Inc. lifted its stake in CrowdStrike by 12.5% during the first quarter. Nova Wealth Management Inc. now owns 405 shares of the company’s stock worth $143,000 after purchasing an additional 45 shares during the last quarter. Anderson Financial Strategies LLC purchased a new stake in CrowdStrike during the first quarter worth approximately $206,000. Finally, Strs Ohio acquired a new position in CrowdStrike in the first quarter valued at approximately $62,872,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $477.00, for a total transaction of $11,925,000.00. Following the completion of the transaction, the president now owns 422,204 shares in the company, valued at $201,391,308. The trade was a 5.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gerhard Watzinger sold 10,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $489.00, for a total transaction of $4,890,000.00. Following the completion of the sale, the director now directly owns 29,500 shares in the company, valued at approximately $14,425,500. This represents a 25.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 252,361 shares of company stock worth $106,359,058. Company insiders own 3.32% 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.