Cantor Fitzgerald Lowers Earnings Estimates for CrowdStrike

CrowdStrike (NASDAQ:CRWD) – Investment analysts at Cantor Fitzgerald reduced their FY2026 earnings estimates for CrowdStrike in a research report issued to clients and investors on Thursday, September 18th. Cantor Fitzgerald analyst J. Ruykhaver now expects that the company will post earnings per share of $0.19 for the year, down from their prior estimate of $0.20. Cantor Fitzgerald currently has a “Overweight” rating and a $500.00 price target on the stock. The consensus estimate for CrowdStrike’s current full-year earnings is $0.55 per share.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) 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 the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the firm posted $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.

A number of other equities analysts also recently issued reports on the stock. Roth Capital reissued a “buy” rating and issued a $510.00 price objective (up previously from $410.00) on shares of CrowdStrike in a report on Thursday. The Goldman Sachs Group lifted their price target on shares of CrowdStrike from $389.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, June 10th. Scotiabank lowered their price target on shares of CrowdStrike from $480.00 to $440.00 and set a “sector perform” rating on the stock in a report on Thursday, August 28th. Macquarie lifted their price target on shares of CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a report on Friday. Finally, Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nineteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $473.85.

CrowdStrike Stock Performance

CRWD opened at $502.55 on Monday. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20. The company has a market cap of $126.12 billion, a price-to-earnings ratio of -422.31, a PEG ratio of 120.33 and a beta of 1.12. The company’s 50 day moving average is $442.94 and its 200 day moving average is $430.74. CrowdStrike has a 12-month low of $272.67 and a 12-month high of $517.98.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds have recently modified their holdings of CRWD. Vanguard Group Inc. increased its position in CrowdStrike by 2.6% in 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 during the last quarter. State Street Corp increased its position in 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 purchasing an additional 370,965 shares during the last quarter. Jennison Associates LLC increased its position in 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 purchasing an additional 1,144,295 shares during the last quarter. Geode Capital Management LLC increased its position in CrowdStrike by 5.0% in the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock worth $2,903,752,000 after purchasing an additional 273,922 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its position in CrowdStrike by 54,635.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after purchasing an additional 4,285,640 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In other news, CFO Burt W. Podbere sold 11,883 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer owned 231,130 shares of the company’s stock, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the transaction, the chief executive officer directly owned 2,132,887 shares in the company, valued at $960,801,606.89. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,741 shares of company stock valued at $47,456,437. 3.32% of the stock is owned by corporate insiders.

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.