Benchmark began coverage on shares of CrowdStrike (NASDAQ:CRWD – Free Report) in a research report released on Wednesday morning,MarketScreener reports. The firm issued a buy rating and a $500.00 price objective on the stock.
CRWD has been the topic of a number of other reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $520.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 4th. BTIG Research cut 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. Stifel Nicolaus decreased their target price on shares of CrowdStrike from $600.00 to $480.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Barclays lowered their price target on shares of CrowdStrike from $610.00 to $550.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Finally, Truist Financial cut their price objective on CrowdStrike from $600.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. One research 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $504.98.
Check Out Our Latest Stock Report on CRWD
CrowdStrike Price Performance
CrowdStrike (NASDAQ:CRWD – Get Free Report) last announced its earnings results on Tuesday, March 3rd. The company reported $1.12 EPS for the quarter, topping 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 company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period last year, the company posted $1.03 earnings per share. The business’s revenue for the quarter was up 23.8% on a year-over-year basis. As a group, equities analysts anticipate that CrowdStrike will post 0.55 EPS for the current fiscal year.
Insider Activity at CrowdStrike
In other CrowdStrike news, Director Johanna Flower sold 3,000 shares of the stock in a transaction on 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 completion of the sale, the director directly owned 76,082 shares of the company’s stock, valued at $35,145,319.08. This represents a 3.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Anurag Saha sold 1,138 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $411.06, for a total transaction of $467,786.28. Following the completion of the sale, the chief accounting officer owned 42,588 shares in the company, valued at $17,506,223.28. This represents a 2.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 68,636 shares of company stock valued at $28,690,657. 3.32% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Disciplined Equity Management Inc. grew its position in CrowdStrike by 0.8% during the third quarter. Disciplined Equity Management Inc. now owns 2,405 shares of the company’s stock worth $1,179,000 after buying an additional 20 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in CrowdStrike by 6.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 334 shares of the company’s stock valued at $164,000 after acquiring an additional 20 shares in the last quarter. Financially Speaking Inc lifted its position in shares of CrowdStrike by 26.7% in the 3rd quarter. Financially Speaking Inc now owns 95 shares of the company’s stock worth $47,000 after acquiring an additional 20 shares during the period. Catalyst Financial Partners LLC grew its holdings in shares of CrowdStrike by 1.6% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,246 shares of the company’s stock worth $611,000 after purchasing an additional 20 shares in the last quarter. Finally, Fire Capital Management LLC increased its position in shares of CrowdStrike by 1.7% during the third quarter. Fire Capital Management LLC now owns 1,239 shares of the company’s stock valued at $608,000 after purchasing an additional 21 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.
CrowdStrike News Summary
Here are the key news stories impacting CrowdStrike this week:
- Positive Sentiment: Benchmark initiated coverage with a Buy and $500 price target, arguing CrowdStrike has a clear path to much larger ARR and a large TAM — this fresh coverage is a direct catalyst for buying interest. Wall Street Says Buy CrowdStrike And Watch It Gain $100 This Year
- Positive Sentiment: Wolfe Research upgraded CRWD to Outperform, citing an Anthropic/AI catalyst that could increase security spending — another analyst upgrade supporting the move higher. CrowdStrike upgraded by Wolfe on Anthropic AI Catalyst
- Positive Sentiment: Quarterly/industry coverage has been favorable: Q4 reviews rank CrowdStrike among top cybersecurity performers, reinforcing fundamentals after its recent earnings beat and continued ARR growth. Q4 Cybersecurity Earnings: CrowdStrike (NASDAQ:CRWD) Earns Top Marks
- Positive Sentiment: CrowdStrike’s Next‑Gen SIEM ARR topped ~$585M, up >75% Y/Y, highlighting strong product traction (platform consolidation tailwind) that supports longer‑term revenue expansion. Will Rising Adoption of Next-Gen SIEM Boost CRWD’s Revenue Growth?
- Positive Sentiment: High‑profile media support: Jim Cramer publicly defended CrowdStrike versus Anthropic AI threat narratives, helping alleviate AI‑disruption fears among retail investors. Jim Cramer Defends CrowdStrike Against Anthropic Narrative
- Neutral Sentiment: CrowdStrike expanded partnerships (HCLTech, IBM, Intel integrations) to push AI‑powered threat management and international reach — strategic positives but longer lead times to material revenue impact. CrowdStrike and HCLTech Expand Strategic Partnership with AI-Powered Continuous Threat Exposure Management Services
- Neutral Sentiment: Coverage notes and ETF/technical commentary are highlighting CRWD volatility and ETF exposure; these can amplify moves but don’t change fundamentals immediately. What’s Going On With CrowdStrike Stock Tuesday?
- Negative Sentiment: Counterpoints persist: a Zacks piece highlights CRWD’s ~21% drop over six months and flags slowing revenue growth plus a premium valuation, which could cap upside if growth disappoints. CrowdStrike Plunges 21% in 6 Months: Time to Hold or Fold the 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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