CrowdStrike’s (CRWD) “Buy” Rating Reaffirmed at Rosenblatt Securities

Rosenblatt Securities reissued their buy rating on shares of CrowdStrike (NASDAQ:CRWD) in a research note released on Thursday,Benzinga reports. They currently have a $490.00 target price on the stock.

CRWD has been the topic of a number of other reports. UBS Group reduced their target price on shares of CrowdStrike from $545.00 to $500.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Macquarie restated a “neutral” rating and issued a $465.00 price target on shares of CrowdStrike in a research note on Friday, August 29th. Susquehanna upped their price target on shares of CrowdStrike from $425.00 to $530.00 and gave the company a “positive” rating in a report on Wednesday, June 4th. Wedbush reaffirmed a “buy” rating on shares of CrowdStrike in a report on Thursday, August 28th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $500.00 price target (up from $450.00) on shares of CrowdStrike in a report on Wednesday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $471.23.

CrowdStrike Trading Up 12.8%

Shares of CRWD stock opened at $502.63 on Thursday. The stock has a market cap of $126.14 billion, a price-to-earnings ratio of -422.37, a price-to-earnings-growth ratio of 104.78 and a beta of 1.12. 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 fifty-two week low of $272.67 and a fifty-two week high of $517.98. The firm’s 50 day moving average price is $442.46 and its two-hundred day moving average price is $428.94.

CrowdStrike (NASDAQ:CRWD) last announced 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 analysts’ expectations of $1.15 billion. During the same period in the previous year, the company posted $1.04 earnings per share. CrowdStrike’s 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. On average, analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.

Insider Transactions at CrowdStrike

In related news, CFO Burt W. Podbere sold 11,883 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the transaction, the chief financial officer owned 231,130 shares in the company, valued at $105,272,781.10. This represents a 4.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Roxanne S. Austin sold 15,000 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $497.67, for a total transaction of $7,465,050.00. Following the completion of the transaction, the director owned 18,858 shares of the company’s stock, valued at $9,385,060.86. This represents 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 over the last ninety days. Insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

Institutional investors and hedge funds have recently bought and sold shares of the business. AlphaQuest LLC acquired a new stake in CrowdStrike in the 2nd quarter valued at about $26,000. Howard Hughes Medical Institute purchased a new stake in CrowdStrike during the second quarter valued at about $27,000. Financial Gravity Companies Inc. purchased a new stake in CrowdStrike during the second quarter valued at about $33,000. Financial Management Professionals Inc. lifted its stake in CrowdStrike by 91.9% during the second quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock valued at $36,000 after buying an additional 34 shares in the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in CrowdStrike during the second quarter valued at about $36,000. 71.16% of the stock is owned by institutional investors and hedge funds.

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.