CrowdStrike (NASDAQ:CRWD) Price Target Raised to $564.00 at The Goldman Sachs Group

CrowdStrike (NASDAQ:CRWD) had its price objective hoisted by The Goldman Sachs Group from $535.00 to $564.00 in a report issued on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Other research analysts have also issued reports about the company. Evercore ISI reiterated a “positive” rating on shares of CrowdStrike in a report on Friday, November 28th. Weiss Ratings restated a “sell (d)” rating on shares of CrowdStrike in a report on Wednesday, October 8th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $353.00 target price on shares of CrowdStrike in a research note on Wednesday. Macquarie lifted their price target on CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Finally, Royal Bank Of Canada raised their price target on shares of CrowdStrike from $540.00 to $621.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $554.09.

CrowdStrike Price Performance

CRWD opened at $524.17 on Wednesday. The stock has a market capitalization of $131.55 billion, a P/E ratio of -416.01, a price-to-earnings-growth ratio of 121.77 and a beta of 1.09. 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 company’s 50 day simple moving average is $513.60 and its 200-day simple moving average is $478.78. CrowdStrike has a one year low of $298.00 and a one year high of $566.90.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.20%. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company posted $0.93 EPS. The company’s revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the completion of the sale, the director owned 765,456 shares of the company’s stock, valued at $421,153,891.20. This trade represents a 0.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 1,957 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the completion of the transaction, the chief financial officer directly owned 218,467 shares in the company, valued at approximately $120,246,421.47. This represents a 0.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 110,372 shares of company stock worth $55,996,956 in the last quarter. Company insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advyzon Investment Management LLC raised its holdings in shares of CrowdStrike by 142.9% in the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after purchasing an additional 533 shares in the last quarter. Draper Asset Management LLC lifted its holdings in CrowdStrike by 59.1% during the 2nd quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock worth $2,176,000 after buying an additional 1,619 shares during the last quarter. Drucker Wealth 3.0 LLC acquired a new position in shares of CrowdStrike during the 2nd quarter worth about $397,000. Geneos Wealth Management Inc. lifted its stake in CrowdStrike by 33.2% during the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after purchasing an additional 5,998 shares during the last quarter. Finally, Accel Wealth Management purchased a new position in CrowdStrike in the second quarter valued at approximately $269,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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.