CrowdStrike’s (CRWD) Market Outperform Rating Reaffirmed at Citizens Jmp

Citizens Jmp restated their market outperform rating on shares of CrowdStrike (NASDAQ:CRWD) in a report issued on Wednesday morning,Benzinga reports. Citizens Jmp currently has a $500.00 target price on the stock.

A number of other brokerages have also recently commented on CRWD. KeyCorp upped their target price on shares of CrowdStrike from $510.00 to $570.00 and gave the company an “overweight” rating in a report on Monday. Macquarie raised their price objective on CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Roth Capital reaffirmed a “buy” rating and set a $510.00 price objective (up from $410.00) on shares of CrowdStrike in a research report on Thursday, September 18th. Truist Financial boosted their price objective on CrowdStrike from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Finally, Capital One Financial raised their target price on shares of CrowdStrike from $599.00 to $600.00 and gave the stock an “overweight” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $554.09.

CrowdStrike Stock Performance

Shares of CRWD opened at $524.17 on Wednesday. The firm has a market capitalization of $131.55 billion, a P/E ratio of -416.01, a PEG 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. CrowdStrike has a one year low of $298.00 and a one year high of $566.90. The business has a fifty day moving average of $513.60 and a 200 day moving average of $478.78.

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

Insider Activity

In related news, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the completion of the transaction, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Sameer K. Gandhi sold 5,000 shares of the business’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 in the company, valued at approximately $421,153,891.20. The trade was a 0.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 110,372 shares of company stock valued at $55,996,956 in the last quarter. Company insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advyzon Investment Management LLC raised its stake in shares of CrowdStrike by 142.9% during the second quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after acquiring an additional 533 shares in the last quarter. Draper Asset Management LLC increased 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 purchasing an additional 1,619 shares during the period. Drucker Wealth 3.0 LLC bought a new stake in CrowdStrike during the 2nd quarter valued at $397,000. Geneos Wealth Management Inc. lifted its holdings in shares of CrowdStrike by 33.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after buying an additional 5,998 shares during the period. Finally, Accel Wealth Management purchased a new stake in shares of CrowdStrike in the 2nd quarter worth $269,000. 71.16% of the stock is owned by 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.