Bank of America Forecasts Strong Price Appreciation for CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike (NASDAQ:CRWD) had its price target lifted by stock analysts at Bank of America from $470.00 to $535.00 in a report released on Monday,MarketScreener reports. The brokerage currently has a “neutral” rating on the stock. Bank of America‘s target price suggests a potential upside of 6.16% from the stock’s previous close.

Several other brokerages have also commented on CRWD. Macquarie boosted their target price on shares of CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Rosenblatt Securities restated a “buy” rating and set a $490.00 target price on shares of CrowdStrike in a research report on Thursday, September 18th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Cantor Fitzgerald boosted their target price on shares of CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, September 18th. Finally, Needham & Company LLC boosted their target price on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $496.47.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $503.95 on Monday. The firm’s fifty day moving average price is $458.06 and its 200 day moving average price is $451.22. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $517.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market cap of $126.47 billion, a price-to-earnings ratio of -423.48, a price-to-earnings-growth ratio of 118.34 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data 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 analyst estimates of $1.15 billion. During the same period last year, the firm posted $1.04 EPS. CrowdStrike’s quarterly revenue 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 expect that CrowdStrike will post 0.55 EPS for the current year.

Insiders Place Their Bets

In related news, President Michael Sentonas sold 10,000 shares of the business’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the sale, the president directly owned 354,116 shares in the company, valued at $182,369,740. The trade was a 2.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Johanna Flower sold 2,347 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the sale, the director owned 79,057 shares in the company, valued at $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 158,090 shares of company stock worth $75,500,649. 3.32% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CRWD. Cloud Capital Management LLC acquired a new position in CrowdStrike in the 1st quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC raised its stake 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 purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC acquired a new position in CrowdStrike in the 1st quarter valued at about $26,000. AlphaQuest LLC acquired a new position in CrowdStrike in the 2nd quarter valued at about $26,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its stake 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 purchasing an additional 58 shares during the last quarter. 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.