CrowdStrike (NASDAQ:CRWD) Given New $446.00 Price Target at HSBC

CrowdStrike (NASDAQ:CRWD) had its price target lifted by HSBC from $417.00 to $446.00 in a research report report published on Thursday morning,MarketScreener reports. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts have also recently issued reports on CRWD. DA Davidson reiterated a “buy” rating and issued a $580.00 price objective on shares of CrowdStrike in a report on Wednesday. New Street Research set a $460.00 price target on CrowdStrike in a research note on Thursday, August 28th. Cowen reissued a “buy” rating on shares of CrowdStrike in a research note on Wednesday. KeyCorp boosted their target price on CrowdStrike from $510.00 to $570.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $590.00 price target on shares of CrowdStrike in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $555.51.

CrowdStrike Trading Down 2.1%

Shares of NASDAQ CRWD opened at $513.12 on Thursday. The business has a 50 day simple moving average of $514.40 and a 200 day simple moving average of $479.02. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The stock has a market cap of $128.77 billion, a price-to-earnings ratio of -407.24, a PEG ratio of 123.56 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.88 and a current ratio of 1.81.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. The company’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other news, CFO Burt W. Podbere sold 10,706 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer owned 220,424 shares in the company, valued at approximately $109,257,564.08. The trade was a 4.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 20,000 shares of the stock in a transaction dated 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 completion of the sale, the president owned 379,116 shares of the company’s stock, valued at approximately $189,558,000. The trade was a 5.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 110,372 shares of company stock valued at $55,996,956 in the last three months. 3.32% of the stock is owned by insiders.

Hedge Funds Weigh In On CrowdStrike

Large investors have recently added to or reduced their stakes in the company. Asset Planning Inc bought a new stake in shares of CrowdStrike during the third quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd bought a new position in CrowdStrike in the third quarter worth $25,000. Anchor Investment Management LLC acquired a new stake in CrowdStrike during the third quarter worth $25,000. AlphaQuest LLC bought a new stake in CrowdStrike in the 2nd quarter valued at $26,000. Finally, Logan Capital Management Inc. acquired a new position in shares of CrowdStrike in the 3rd quarter valued at $26,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.