DZ Bank upgraded shares of CrowdStrike (NASDAQ:CRWD – Free Report) from a sell rating to a buy rating in a research note issued to investors on Wednesday morning, MarketBeat reports. They currently have $490.00 target price on the stock.
Several other analysts have also commented on CRWD. Citigroup lowered their price objective on shares of CrowdStrike from $610.00 to $525.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. BTIG Research reduced their target price on shares of CrowdStrike from $640.00 to $499.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Berenberg Bank set a $600.00 price target on shares of CrowdStrike and gave the stock a “buy” rating in a research note on Friday, January 9th. Wells Fargo & Company began coverage on CrowdStrike in a research note on Tuesday, March 3rd. They issued an “overweight” rating and a $450.00 price objective on the stock. Finally, Argus reduced their price objective on CrowdStrike from $600.00 to $520.00 and set a “buy” rating for the company in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and an average price target of $506.26.
Get Our Latest Stock Analysis on CrowdStrike
CrowdStrike Stock Performance
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.02. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. The business’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.03 EPS. As a group, analysts anticipate that CrowdStrike will post 0.55 EPS for the current year.
Insider Activity
In other CrowdStrike news, CEO George Kurtz sold 28,853 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 2,054,902 shares in the company, valued at $848,695,075.02. This trade represents a 1.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Johanna Flower sold 3,000 shares of CrowdStrike stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $461.94, for a total value of $1,385,820.00. Following the transaction, the director directly owned 76,082 shares of the company’s stock, valued at $35,145,319.08. The trade was a 3.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 90,024 shares of company stock valued at $40,424,241. 3.32% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On CrowdStrike
A number of large investors have recently modified their holdings of the company. Asset Planning Inc bought a new position in CrowdStrike in the 3rd quarter valued at $25,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of CrowdStrike in the third quarter worth $25,000. Anchor Investment Management LLC purchased a new stake in shares of CrowdStrike in the third quarter worth $25,000. Hanson & Doremus Investment Management raised its position in shares of CrowdStrike by 170.0% in the fourth quarter. Hanson & Doremus Investment Management now owns 54 shares of the company’s stock worth $25,000 after buying an additional 34 shares in the last quarter. Finally, Basepoint Wealth LLC bought a new stake in CrowdStrike during the fourth quarter valued at $25,000. 71.16% of the stock is currently owned by institutional investors.
More CrowdStrike News
Here are the key news stories impacting CrowdStrike this week:
- Positive Sentiment: Blowout quarter and first GAAP profit: CrowdStrike reported a beat on revenue and EPS, posted its first positive quarterly net income, delivered record ARR and strong operating cash flow — the results and commentary around AI-driven demand are the main catalyst behind recent buying interest. Why CrowdStrike Is Up
- Positive Sentiment: Wall Street upgrades: Morgan Stanley upgraded CRWD to Overweight ($510 PT) and other firms (DZ Bank) raised ratings or targets — upgrades helped spark earlier rallies and underpin confidence that CrowdStrike can benefit from AI/security spending. CrowdStrike Rises After Upgrade
- Positive Sentiment: Product and AI partnerships: CrowdStrike announced a strategic integration with Perplexity to embed Falcon protection in Perplexity’s Comet Enterprise browser — tangible product wins that reinforce AI-era security positioning. CrowdStrike and Perplexity Partner
- Neutral Sentiment: Shelf filing vs. buybacks: Management filed a $3.10B shelf registration (linked to employee plans) and completed a modest $50.6M buyback — shelf provides flexibility (and potential dilution), while buybacks are share-supportive; net impact depends on future use.
- Neutral Sentiment: Trademark lawsuit: CrowdStrike sued rival AiStrike for trademark infringement — legal action could protect brand/IP but is unlikely to move fundamentals in the near term. CrowdStrike Sues AiStrike
- Negative Sentiment: Valuation concerns: Analysts and commentary warn CRWD remains richly valued despite accelerating growth — valuation is the main reason the stock “yawned” after strong results, capping upside until execution proves durable. CrowdStrike Delivered a Blowout Quarter
- Negative Sentiment: Mixed price-target moves: Citi trimmed its PT from $610 to $525 and Daiwa cut its PT to $500 (still outperform) — these downgrades/target reductions introduce headwinds to sentiment even as ratings remain constructive. Citi Cuts PT
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.
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