CrowdStrike (NASDAQ:CRWD) Stock Price Expected to Rise, Argus Analyst Says

Argus has raised its target price for CrowdStrike (NASDAQ:CRWD) from $540 to $600, maintaining a 'buy' rating, suggesting a potential 16.93% upside. Other analysts have also adjusted their target prices, with mixed ratings ranging from 'buy' to 'hold'. CrowdStrike's stock opened at $513.12, with a market cap of $128.77 billion. Recent insider transactions include significant stock sales by company executives. Institutional investors have shown strong interest, with notable acquisitions by Laurel Wealth Advisors and Norges Bank.

CrowdStrike (NASDAQ:CRWD - Get Free Report) had its price objective raised by Argus from $540.00 to $600.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage presently has a "buy" rating on the stock. Argus' price target would suggest a potential upside of 16.93% from the company's current price.

Wall Street Punished CrowdStrike for Beating Earnings? Seriously?

CRWD has been the topic of a number of other reports. Bank of America raised their target price on shares of CrowdStrike from $470.00 to $535.00 and gave the company a "neutral" rating in a research note on Monday, October 20th. Citigroup raised their target price on CrowdStrike from $575.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday. BTIG Research reaffirmed a "buy" rating and set a $640.00 price objective on shares of CrowdStrike in a report on Wednesday. Canaccord Genuity Group boosted their target price on shares of CrowdStrike from $500.00 to $515.00 and gave the company a "hold" rating in a research note on Wednesday. Finally, Truist Financial increased their price target on CrowdStrike from $550.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $556.44.

Get Our Latest Report on CRWD

CrowdStrike Trading Down 2.1%

Okta: Excuses to Sell Vs. Reasons to Buy

CrowdStrike stock opened at $513.12 on Friday. CrowdStrike has a one year low of $298.00 and a one year high of $566.90. The company's fifty day moving average price is $514.40 and its two-hundred day moving average price is $479.02. The company has a market capitalization 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 current ratio of 1.81 and a quick ratio of 1.88.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings data on Tuesday, December 2nd. 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 the consensus estimate of $1.22 billion. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm's revenue was up 21.8% compared to the same quarter last year. During the same period last year, the business earned $0.93 EPS. 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, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Transactions at CrowdStrike

These Are the Hottest Upgrades From the Q3 Reporting Cycle

In related news, Director Johanna Flower sold 2,347 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the transaction, the director directly owned 79,057 shares of the company's stock, valued at approximately $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Michael Sentonas sold 10,000 shares of CrowdStrike stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $515.00, for a total transaction of $5,150,000.00. Following the completion of the transaction, the president directly owned 354,116 shares of the company's stock, valued at approximately $182,369,740. This trade represents a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 110,372 shares of company stock worth $55,996,956. 3.32% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Laurel Wealth Advisors LLC increased its position in 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 purchasing an additional 4,285,640 shares in the last quarter. Norges Bank acquired a new stake in shares of CrowdStrike during the 2nd quarter valued at $1,638,365,000. Nuveen LLC bought a new stake in CrowdStrike during the 1st quarter worth $595,766,000. Vestor Capital LLC increased its holdings in CrowdStrike by 269,840.3% in the 2nd quarter. Vestor Capital LLC now owns 977,184 shares of the company's stock worth $497,690,000 after purchasing an additional 976,822 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in CrowdStrike by 52.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company's stock valued at $977,149,000 after purchasing an additional 955,529 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Company Profile

(Get Free Report)

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.

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