BMO Capital Markets Issues Positive Forecast for CrowdStrike (NASDAQ:CRWD) Stock Price

CrowdStrike (NASDAQ:CRWD) had its price objective increased by BMO Capital Markets from $450.00 to $500.00 in a report issued on Thursday, Marketbeat Ratings reports. The firm currently has an outperform rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Cantor Fitzgerald reissued an “overweight” rating and set a $475.00 target price on shares of CrowdStrike in a report on Tuesday, August 26th. Needham & Company LLC raised their price target on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research report on Thursday. Zacks Research raised shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a report on Friday, August 29th. Canaccord Genuity Group decreased their target price on shares of CrowdStrike from $475.00 to $430.00 and set a “hold” rating on the stock in a research report on Thursday, August 28th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $490.00 price target on shares of CrowdStrike in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have given a Hold rating to the company. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $471.23.

CrowdStrike Trading Up 12.8%

Shares of NASDAQ:CRWD opened at $502.63 on Thursday. CrowdStrike has a 12-month low of $272.67 and a 12-month high of $517.98. The stock has a market cap of $126.14 billion, a PE ratio of -422.37, a P/E/G ratio of 104.78 and a beta of 1.12. The business has a 50 day moving average of $442.46 and a 200-day moving average of $428.94. 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 (NASDAQ:CRWD) last announced its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.04 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, equities research analysts forecast that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 11,527 shares of the business’s stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $471.20, for a total transaction of $5,431,522.40. Following the completion of the transaction, the president owned 410,677 shares of the company’s stock, valued at approximately $193,511,002.40. The trade was a 2.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $447.09, for a total value of $2,794,312.50. Following the sale, the director owned 774,761 shares of the company’s stock, valued at approximately $346,387,895.49. This represents a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 143,734 shares of company stock valued at $67,337,728. 3.32% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CRWD. Brighton Jones LLC boosted its stake in shares of CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after purchasing an additional 2,417 shares in the last quarter. Silvercrest Asset Management Group LLC bought a new position in CrowdStrike in the 4th quarter valued at approximately $240,000. State of Wyoming boosted its position in CrowdStrike by 2,191.4% in the fourth quarter. State of Wyoming now owns 802 shares of the company’s stock valued at $274,000 after buying an additional 767 shares in the last quarter. Woodline Partners LP boosted its position in CrowdStrike by 80.8% in the fourth quarter. Woodline Partners LP now owns 18,545 shares of the company’s stock valued at $6,345,000 after buying an additional 8,287 shares in the last quarter. Finally, Waverly Advisors LLC grew its stake in shares of CrowdStrike by 99.1% during the fourth quarter. Waverly Advisors LLC now owns 2,124 shares of the company’s stock worth $727,000 after buying an additional 1,057 shares during the last quarter. Institutional investors and hedge funds 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.