CrowdStrike (NASDAQ:CRWD) Given New $475.00 Price Target at Morgan Stanley

CrowdStrike (NASDAQ:CRWD) had its target price upped by Morgan Stanley from $460.00 to $475.00 in a research report sent to investors on Thursday, MarketBeat reports. They currently have an equal weight rating on the stock.

Other research analysts also recently issued research reports about the company. Roth Capital increased their price objective on CrowdStrike from $410.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Wedbush reiterated a “buy” rating on shares of CrowdStrike in a report on Thursday, August 28th. New Street Research set a $460.00 price objective on CrowdStrike in a report on Thursday, August 28th. Sanford C. Bernstein dropped their price objective on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a report on Thursday, August 28th. Finally, Wells Fargo & Company increased their price objective on CrowdStrike from $430.00 to $550.00 and gave the company an “overweight” rating in a report on Monday, June 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nineteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $471.23.

CrowdStrike Trading Up 12.8%

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 capitalization of $126.14 billion, a price-to-earnings ratio of -422.37, a PEG ratio of 104.78 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The business has a fifty day moving average price of $442.46 and a 200 day moving average price of $428.94.

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

Insider Activity at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $455.47, for a total transaction of $5,412,350.01. Following the transaction, the chief financial officer owned 231,130 shares in the company, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Roxanne S. Austin sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $497.67, for a total value of $7,465,050.00. Following the transaction, the director owned 18,858 shares in the company, valued at $9,385,060.86. The trade was a 44.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 143,734 shares of company stock worth $67,337,728 in the last three months. 3.32% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CrowdStrike

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC increased its position in CrowdStrike by 6.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 10,476 shares of the company’s stock worth $5,336,000 after purchasing an additional 618 shares during the period. SevenBridge Financial Group LLC grew its holdings in shares of CrowdStrike by 51.5% in the 2nd quarter. SevenBridge Financial Group LLC now owns 6,258 shares of the company’s stock worth $3,187,000 after acquiring an additional 2,128 shares during the period. PVG Asset Management Corp acquired a new stake in shares of CrowdStrike in the 2nd quarter worth approximately $238,000. Total Investment Management Inc. acquired a new stake in shares of CrowdStrike in the 2nd quarter worth approximately $39,000. Finally, Centaurus Financial Inc. grew its holdings in shares of CrowdStrike by 6.8% in the 2nd quarter. Centaurus Financial Inc. now owns 5,319 shares of the company’s stock worth $2,709,000 after acquiring an additional 339 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Company Profile

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.