TD Cowen Issues Positive Forecast for CrowdStrike (NASDAQ:CRWD) Stock Price

CrowdStrike (NASDAQ:CRWD) had its target price upped by TD Cowen from $500.00 to $580.00 in a research report report published on Friday morning,MarketScreener reports. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the stock. Piper Sandler cut their price target on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating on the stock in a research note on Thursday, August 28th. Mizuho upped their price objective on CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a report on Wednesday, September 17th. Barclays increased their target price on CrowdStrike from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. BTIG Research reissued a “buy” rating and set a $489.00 price target on shares of CrowdStrike in a research report on Thursday, September 18th. Finally, Stifel Nicolaus upped their price target on CrowdStrike from $495.00 to $515.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eighteen have issued a Hold rating and two have given a Sell 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 $487.11.

CrowdStrike Stock Down 1.4%

Shares of NASDAQ:CRWD opened at $489.88 on Friday. 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 firm has a market cap of $122.94 billion, a price-to-earnings ratio of -411.66, a PEG ratio of 116.74 and a beta of 1.19. The stock’s 50-day moving average price is $446.22 and its two-hundred day moving average price is $439.56. CrowdStrike has a 12-month low of $283.80 and a 12-month high of $517.98.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 EPS 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 company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the company posted $1.04 EPS. The company’s quarterly 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, research analysts forecast that CrowdStrike will post 0.55 EPS for the current year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 2,234 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $495.68, for a total value of $1,107,349.12. Following the completion of the transaction, the chief accounting officer directly owned 39,017 shares of the company’s stock, valued at $19,339,946.56. This represents a 5.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO George Kurtz sold 42,267 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total value of $19,040,015.49. Following the completion of the transaction, the chief executive officer owned 2,132,887 shares in the company, valued at approximately $960,801,606.89. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 132,816 shares of company stock worth $62,606,356 over the last three months. Insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

A number of hedge funds have recently made changes to their positions in CRWD. GAMMA Investing LLC raised its holdings in CrowdStrike by 4.6% in the third quarter. GAMMA Investing LLC now owns 4,177 shares of the company’s stock valued at $2,048,000 after acquiring an additional 185 shares in the last quarter. Jacobs & Co. CA grew its holdings in CrowdStrike by 1.9% during the 3rd quarter. Jacobs & Co. CA now owns 17,742 shares of the company’s stock worth $8,700,000 after acquiring an additional 331 shares in the last quarter. Rydar Equities Inc. bought a new stake in shares of CrowdStrike in the 2nd quarter worth about $1,053,000. Corient Private Wealth LLC raised its stake in shares of CrowdStrike by 4.8% in the 2nd quarter. Corient Private Wealth LLC now owns 32,154 shares of the company’s stock valued at $16,376,000 after purchasing an additional 1,487 shares in the last quarter. Finally, Caldwell Trust Co bought a new position in shares of CrowdStrike during the second quarter worth about $115,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.