CrowdStrike (NASDAQ:CRWD) Given New $600.00 Price Target at Jefferies Financial Group

CrowdStrike (NASDAQ:CRWD) had its target price increased by Jefferies Financial Group from $515.00 to $600.00 in a research report released on Wednesday,MarketScreener reports. The firm currently has a buy rating on the stock.

Several other research firms have also issued reports on CRWD. Robert W. Baird lifted their price target on shares of CrowdStrike from $490.00 to $550.00 and gave the stock a “neutral” rating in a report on Friday, November 14th. Bank of America boosted their target price on CrowdStrike from $470.00 to $535.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. Arete raised CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 target price on the stock in a research report on Tuesday, October 28th. Capital One Financial raised their price target on CrowdStrike from $519.00 to $599.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Royal Bank Of Canada boosted their price target on CrowdStrike from $540.00 to $621.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $537.49.

CrowdStrike Price Performance

CRWD opened at $520.59 on Wednesday. The firm has a market capitalization of $130.65 billion, a PE ratio of -437.47, a price-to-earnings-growth ratio of 120.71 and a beta of 1.16. 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 business’s 50-day moving average is $505.50 and its two-hundred day moving average is $473.58. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results 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. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The company’s revenue was up 21.4% compared to the same quarter last year. During the same period last year, the business earned $1.04 EPS. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. Research analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, CFO Burt W. Podbere sold 10,706 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the completion of the transaction, the chief financial officer owned 220,424 shares of the company’s stock, valued at $109,257,564.08. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Michael Sentonas sold 20,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president owned 379,116 shares of the company’s stock, valued at $189,558,000. This represents a 5.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 116,622 shares of company stock worth $58,561,456 in the last 90 days. Corporate insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

A number of institutional investors have recently modified their holdings of CRWD. Brighton Jones LLC raised its position in CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after acquiring an additional 2,417 shares in the last quarter. Csenge Advisory Group acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $227,000. OneAscent Financial Services LLC grew its stake in shares of CrowdStrike by 48.9% during the 1st quarter. OneAscent Financial Services LLC now owns 920 shares of the company’s stock worth $327,000 after purchasing an additional 302 shares during the period. GW&K Investment Management LLC increased its holdings in shares of CrowdStrike by 28.2% during the 1st quarter. GW&K Investment Management LLC now owns 168 shares of the company’s stock valued at $59,000 after purchasing an additional 37 shares in the last quarter. Finally, Crestwood Advisors Group LLC lifted its stake in shares of CrowdStrike by 5.2% in the 1st quarter. Crestwood Advisors Group LLC now owns 3,843 shares of the company’s stock valued at $1,355,000 after purchasing an additional 189 shares during the period. Hedge funds and other institutional investors 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.