CrowdStrike (NASDAQ:CRWD) Given New $550.00 Price Target at JMP Securities

CrowdStrike (NASDAQ:CRWD) had its target price raised by JMP Securities from $500.00 to $550.00 in a report published on Tuesday morning,Benzinga reports. JMP Securities currently has a market outperform rating on the stock.

A number of other research analysts have also recently weighed in on the company. Evercore ISI lowered their price objective on CrowdStrike from $425.00 to $405.00 and set an “in-line” rating on the stock in a research report on Thursday, August 28th. Robert W. Baird lifted their price objective on CrowdStrike from $460.00 to $490.00 and gave the company a “neutral” rating in a research report on Friday. Jefferies Financial Group lifted their price objective on CrowdStrike from $500.00 to $515.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Needham & Company LLC lifted their price objective on CrowdStrike from $475.00 to $535.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Finally, Susquehanna lifted their price objective on CrowdStrike from $425.00 to $530.00 and gave the company a “positive” rating in a research report on Wednesday, June 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and twenty have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $477.21.

CrowdStrike Price Performance

NASDAQ CRWD opened at $484.10 on Tuesday. CrowdStrike has a one year low of $272.67 and a one year high of $517.98. The stock has a 50-day moving average of $443.50 and a 200 day moving average of $432.22. The company has a market capitalization of $121.49 billion, a price-to-earnings ratio of -406.80, a PEG ratio of 115.88 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

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

Insider Activity

In other news, Director Johanna Flower sold 2,073 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total transaction of $983,037.33. Following the transaction, the director owned 81,383 shares of the company’s stock, valued at approximately $38,592,632.43. The trade was a 2.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 11,883 shares of the company’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 completion of the transaction, the chief financial officer directly owned 231,130 shares in the company, valued at $105,272,781.10. This trade represents a 4.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 84,973 shares of company stock worth $39,121,937. Company insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Hedge funds have recently bought and sold shares of the business. Cloud Capital Management LLC bought a new position in CrowdStrike in the 1st quarter valued at $25,000. Atlantic Edge Private Wealth Management LLC grew its position in CrowdStrike by 114.3% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after acquiring an additional 40 shares during the last quarter. Vision Financial Markets LLC bought a new position in CrowdStrike in the 1st quarter valued at $26,000. AlphaQuest LLC bought a new position in CrowdStrike in the 2nd quarter valued at $26,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in CrowdStrike by 305.3% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after acquiring an additional 58 shares during the last quarter. Institutional investors 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.