Macquarie Forecasts Strong Price Appreciation for CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike (NASDAQ:CRWD) had its price objective increased by equities research analysts at Macquarie from $465.00 to $485.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Macquarie’s target price would suggest a potential downside of 3.49% from the stock’s previous close.

CRWD has been the topic of several other reports. Stifel Nicolaus boosted their target price on shares of CrowdStrike from $495.00 to $515.00 and gave the company a “buy” rating in a report on Thursday. Bank of America reiterated a “neutral” rating and issued a $470.00 target price (up from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Jefferies Financial Group boosted their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a report on Thursday. 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 report on Thursday, August 28th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $520.00 target price on shares of CrowdStrike in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nineteen have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $473.85.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $502.55 on Friday. The firm has a market cap of $126.12 billion, a PE ratio of -422.31, a P/E/G ratio of 118.20 and a beta of 1.12. CrowdStrike has a twelve month low of $272.67 and a twelve month high of $517.98. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average price of $442.94 and a 200 day moving average price of $430.16.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous 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. Sell-side analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Johanna Flower sold 2,073 shares of the firm’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $474.21, for a total value of $983,037.33. Following the completion of the sale, the director owned 81,383 shares in the company, valued at $38,592,632.43. This trade represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Roxanne S. Austin sold 9,447 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $512.65, for a total transaction of $4,843,004.55. Following the transaction, the director owned 18,858 shares of the company’s stock, valued at $9,667,553.70. This trade represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 143,734 shares of company stock worth $67,337,728. 3.32% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CrowdStrike

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of CrowdStrike by 2.6% during the second quarter. Vanguard Group Inc. now owns 23,430,572 shares of the company’s stock worth $11,933,425,000 after purchasing an additional 596,007 shares in the last quarter. State Street Corp increased its stake in shares of CrowdStrike by 3.6% in the second quarter. State Street Corp now owns 10,804,651 shares of the company’s stock worth $5,502,917,000 after buying an additional 370,965 shares during the last quarter. Jennison Associates LLC increased its stake in shares of CrowdStrike by 21.1% in the first quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock worth $2,314,785,000 after buying an additional 1,144,295 shares during the last quarter. Geode Capital Management LLC increased its stake in CrowdStrike by 5.0% during the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock valued at $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in CrowdStrike by 54,635.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock valued at $2,186,714,000 after purchasing an additional 4,285,640 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

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.