CrowdStrike (NASDAQ:CRWD) Price Target Lowered to $550.00 at Truist Financial

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

Other research analysts have also recently issued reports about the company. Scotiabank reaffirmed an “outperform” rating on shares of CrowdStrike in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft upped their price target on CrowdStrike from $435.00 to $475.00 and gave the company a “hold” rating in a report on Wednesday, December 3rd. Morgan Stanley raised their price objective on shares of CrowdStrike from $515.00 to $537.00 and gave the stock an “equal weight” rating in a report on Thursday, December 18th. KeyCorp restated a “sector weight” rating on shares of CrowdStrike in a report on Monday, January 12th. Finally, Needham & Company LLC increased their target price on shares of CrowdStrike from $535.00 to $575.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Thirty investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $550.09.

CrowdStrike Stock Performance

Shares of CRWD opened at $414.29 on Tuesday. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The stock has a market capitalization of $104.44 billion, a PE ratio of -328.80, a PEG ratio of 24.59 and a beta of 1.03. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a 50-day simple moving average of $456.76 and a 200-day simple moving average of $472.99.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. The business 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 was up 21.8% on a year-over-year basis. During the same period last year, the business earned $0.93 EPS. On average, analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 28,853 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $413.01, for a total value of $11,916,577.53. Following the transaction, the chief executive officer owned 2,054,902 shares of the company’s stock, valued at approximately $848,695,075.02. The trade was a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Denis Oleary sold 7,750 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $515.44, for a total value of $3,994,660.00. Following the sale, the director directly owned 10,816 shares of the company’s stock, valued at approximately $5,574,999.04. This represents a 41.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 100,247 shares of company stock worth $45,722,274 over the last three months. 3.32% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CrowdStrike

A number of large investors have recently bought and sold shares of CRWD. Vanguard Group Inc. raised its holdings in CrowdStrike by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 24,216,545 shares of the company’s stock worth $11,351,748,000 after purchasing an additional 340,047 shares in the last quarter. State Street Corp boosted its holdings in CrowdStrike by 2.2% in the 4th quarter. State Street Corp now owns 11,161,718 shares of the company’s stock valued at $5,232,167,000 after purchasing an additional 239,428 shares in the last quarter. Geode Capital Management LLC increased its position in CrowdStrike by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 5,947,969 shares of the company’s stock worth $2,777,227,000 after purchasing an additional 137,224 shares during the period. Laurel Wealth Advisors LLC raised its stake in shares of CrowdStrike by 54,635.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after buying an additional 4,285,640 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of CrowdStrike by 1.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,271,691 shares of the company’s stock valued at $2,002,398,000 after buying an additional 53,813 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Key Stories Impacting CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: NordVPN partnership expands CrowdStrike’s reach into consumer security, bringing enterprise-grade threat intelligence to NordVPN’s Threat Protection Pro product — this is a concrete revenue/awareness win and supports platform adoption. NordVPN Partners With CrowdStrike
• Positive Sentiment: Broader sector tailwinds: multiple pieces note AI-driven demand is boosting cybersecurity budgets and pipeline growth, which supports CrowdStrike’s ARR expansion and multi-module adoption. This underpins longer-term revenue visibility. Cybersecurity stocks are pulling away from the software sell-off
• Neutral Sentiment: Short-interest reports in the feed show anomalous/zero values and NaN increases — current published short-interest figures appear unreliable, so short squeeze/cover dynamics don’t explain today’s move. (No authoritative change in borrow-demand is evident.)
• Negative Sentiment: Analyst pressure: several brokers lowered price targets (Truist trimmed its PT to $550 while keeping a Buy; Mizuho cut to $490 and moved to Neutral) and at least two shops cut targets this morning — these downgrades and target trims hurt sentiment and triggered selling. Benzinga: CrowdStrike Stock Is Falling The Fly: Mizuho price target cut
• Negative Sentiment: Valuation and technicals are weighing on the stock: MarketBeat and others highlight that CRWD’s premium valuation, a recent “death cross” (50-day below 200-day) and the need for a strong March earnings print make the shares vulnerable to short-term selling despite ARR growth. MarketBeat: CRWD valuation and earnings setup

CrowdStrike Company Profile

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.