CrowdStrike (NASDAQ:CRWD – Get Free Report) declared that its board has approved a stock repurchase plan on Monday, April 6th, RTT News reports. The company plans to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 0.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the stock. Stifel Nicolaus cut their target price on shares of CrowdStrike from $600.00 to $480.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Needham & Company LLC lowered their target price on shares of CrowdStrike from $575.00 to $475.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. JPMorgan Chase & Co. dropped their price objective on shares of CrowdStrike from $582.00 to $472.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. UBS Group reissued an “overweight” rating on shares of CrowdStrike in a research note on Wednesday, March 4th. Finally, The Goldman Sachs Group reduced their price target on shares of CrowdStrike from $564.00 to $500.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $504.98.
Check Out Our Latest Report on CrowdStrike
CrowdStrike Price Performance
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings results on Tuesday, March 3rd. The company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.02. CrowdStrike had a negative net margin of 3.81% and a negative return on equity of 0.14%. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the firm earned $1.03 earnings per share. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Research analysts predict that CrowdStrike will post 0.55 earnings per share for the current fiscal year.
More CrowdStrike News
Here are the key news stories impacting CrowdStrike this week:
- Positive Sentiment: Board boosts buyback by $500M to $1.5B total after record Q4, signaling management confidence; CFO cited AI tailwinds and a long-term $20B ARR ambition — buybacks can support EPS and provide a floor under the stock. CrowdStrike Expands Buyback Authorization To $1.5 Billion After Record Q4 FY26
- Positive Sentiment: Gartner Peer Insights names CrowdStrike a Customers’ Choice for Managed Detection & Response; Falcon Complete earned a 98% willingness-to-recommend score — this third-party validation can help sales/renewals and supports competitive positioning in AI-driven security demand. CrowdStrike Named a Customers’ Choice in the 2026 Gartner Peer Insights™ ‘Voice of the Customer’ for Managed Detection and Response Report
- Neutral Sentiment: Market/analyst commentary notes a rally around the buyback but also highlights valuation and sector headwinds — analysts still see upside (example $505 PT from some coverage) while the stock trades below its 200‑day average; investors are weighing buyback-driven EPS tailwinds against growth cadence and margins. CrowdStrike Just Bet Big On the Huge Disconnect Between Growth and Its Stock
Insider Transactions at CrowdStrike
In other CrowdStrike news, CEO George Kurtz sold 28,853 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $413.01, for a total value of $11,916,577.53. Following the transaction, the chief executive officer directly owned 2,054,902 shares of the company’s stock, valued at approximately $848,695,075.02. This trade represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Anurag Saha sold 1,138 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $411.06, for a total transaction of $467,786.28. Following the transaction, the chief accounting officer directly owned 42,588 shares in the company, valued at $17,506,223.28. The trade was a 2.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 68,636 shares of company stock valued at $28,690,657. Corporate insiders own 3.32% of the company’s stock.
About CrowdStrike
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.
Further Reading
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