CrowdStrike (NASDAQ:CRWD) Price Target Raised to $600.00 at Truist Financial

CrowdStrike (NASDAQ:CRWD) had its price target increased by Truist Financial from $550.00 to $600.00 in a research report report published on Tuesday,Benzinga reports. Truist Financial currently has a buy rating on the stock.

A number of other analysts have also commented on CRWD. Morgan Stanley boosted their price target on shares of CrowdStrike from $475.00 to $515.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Sanford C. Bernstein dropped their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a research note on Thursday, August 28th. Arete raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 target price for the company in a research report on Tuesday, October 28th. Roth Capital restated a “buy” rating and issued a $510.00 target price (up previously from $410.00) on shares of CrowdStrike in a report on Thursday, September 18th. Finally, Evercore ISI raised their price target on shares of CrowdStrike from $405.00 to $430.00 in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $535.60.

CrowdStrike Stock Down 3.0%

CRWD stock opened at $513.67 on Tuesday. The stock’s 50 day simple moving average is $503.58 and its 200 day simple moving average is $473.25. The company has a market cap of $128.91 billion, a P/E ratio of -431.65, a price-to-earnings-growth ratio of 124.49 and a beta of 1.16. 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 has a fifty-two week low of $298.00 and a fifty-two week high of $566.90.

CrowdStrike (NASDAQ:CRWD) last announced 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. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The company’s revenue for the quarter 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. On average, research analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 6,975 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $549.89, for a total value of $3,835,482.75. Following the transaction, the chief executive officer directly owned 2,108,082 shares in the company, valued at $1,159,213,210.98. The trade was a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Johanna Flower sold 2,347 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the transaction, the director directly owned 79,057 shares of the company’s stock, valued at $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 116,622 shares of company stock valued at $58,561,456. Company insiders own 3.32% of the company’s stock.

Institutional Trading of CrowdStrike

A number of large investors have recently bought and sold shares of CRWD. Disciplined Equity Management Inc. lifted its holdings in shares of CrowdStrike by 0.8% in the third quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company’s stock worth $1,179,000 after buying an additional 20 shares in the last quarter. TD Private Client Wealth LLC grew its stake in CrowdStrike by 6.4% during the third quarter. TD Private Client Wealth LLC now owns 334 shares of the company’s stock valued at $164,000 after acquiring an additional 20 shares in the last quarter. Financially Speaking Inc increased its holdings in CrowdStrike by 26.7% during the 3rd quarter. Financially Speaking Inc now owns 95 shares of the company’s stock worth $47,000 after acquiring an additional 20 shares during the period. Catalyst Financial Partners LLC lifted its stake in CrowdStrike by 1.6% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,246 shares of the company’s stock worth $611,000 after purchasing an additional 20 shares in the last quarter. Finally, Fire Capital Management LLC lifted its stake in CrowdStrike by 1.7% in the 3rd quarter. Fire Capital Management LLC now owns 1,239 shares of the company’s stock worth $608,000 after purchasing an additional 21 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

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.