Investment Analysts’ Recent Ratings Changes for CrowdStrike (CRWD)

A number of research firms have changed their ratings and price targets for CrowdStrike (NASDAQ: CRWD):

• 9/30/2024 – CrowdStrike had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group Inc.. They now have a $330.00 price target on the stock.
• 9/24/2024 – CrowdStrike had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $400.00 price target on the stock.
• 9/24/2024 – CrowdStrike had its price target raised by analysts at Jefferies Financial Group Inc. from $315.00 to $345.00. They now have a “buy” rating on the stock.
• 9/23/2024 – CrowdStrike had its price target raised by analysts at KeyCorp from $300.00 to $345.00. They now have an “overweight” rating on the stock.
• 9/23/2024 – CrowdStrike is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $360.00 price target on the stock.
• 9/19/2024 – CrowdStrike had its “positive” rating reaffirmed by analysts at Susquehanna. They now have a $310.00 price target on the stock.
• 9/19/2024 – CrowdStrike had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $290.00 price target on the stock.
• 9/19/2024 – CrowdStrike had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $350.00 price target on the stock.
• 9/19/2024 – CrowdStrike had its “hold” rating reaffirmed by analysts at Westpark Capital.
• 9/19/2024 – CrowdStrike had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $325.00 price target on the stock.
• 9/18/2024 – CrowdStrike had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $310.00 price target on the stock.
• 9/9/2024 – CrowdStrike had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $325.00 price target on the stock.
• 9/6/2024 – CrowdStrike had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $350.00 price target on the stock.
• 9/5/2024 – CrowdStrike had its price target lowered by analysts at Susquehanna from $410.00 to $310.00. They now have a “positive” rating on the stock.
• 9/5/2024 – CrowdStrike had its price target lowered by analysts at Sanford C. Bernstein from $334.00 to $327.00. They now have an “outperform” rating on the stock.
• 8/30/2024 – CrowdStrike was upgraded by analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating.
• 8/30/2024 – CrowdStrike had its price target lowered by analysts at Argus from $400.00 to $325.00. They now have a “buy” rating on the stock.
• 8/30/2024 – CrowdStrike was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating. They now have a $339.00 price target on the stock, up previously from $302.00.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at Cantor Fitzgerald from $400.00 to $350.00. They now have an “overweight” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target raised by analysts at Barclays PLC from $285.00 to $295.00. They now have an “overweight” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at Royal Bank of Canada from $345.00 to $335.00. They now have an “outperform” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at Oppenheimer Holdings Inc. from $450.00 to $365.00. They now have an “outperform” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at Raymond James from $380.00 to $275.00. They now have an “outperform” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at Robert W. Baird from $335.00 to $315.00. They now have an “outperform” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target raised by analysts at BMO Capital Markets from $290.00 to $315.00. They now have an “outperform” rating on the stock.
• 8/29/2024 – CrowdStrike had its “hold” rating reaffirmed by analysts at Westpark Capital.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at TD Cowen from $400.00 to $380.00. They now have a “buy” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target raised by analysts at DA Davidson from $290.00 to $310.00. They now have a “buy” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at Canaccord Genuity Group Inc. from $340.00 to $330.00. They now have a “buy” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at Needham & Company LLC from $375.00 to $350.00. They now have a “buy” rating on the stock.
• 8/29/2024 – CrowdStrike had its price target lowered by analysts at UBS Group AG from $330.00 to $310.00. They now have a “buy” rating on the stock.
• 8/28/2024 – CrowdStrike had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $325.00 price target on the stock.
• 8/26/2024 – CrowdStrike had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $350.00 to $275.00. They now have a “hold” rating on the stock.
• 8/26/2024 – CrowdStrike had its price target lowered by analysts at Rosenblatt Securities from $350.00 to $330.00. They now have a “buy” rating on the stock.
• 8/19/2024 – CrowdStrike had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $400.00 price target on the stock.
• 8/19/2024 – CrowdStrike had its price target lowered by analysts at Sanford C. Bernstein from $381.00 to $315.00. They now have an “outperform” rating on the stock.
• 8/16/2024 – CrowdStrike had its price target lowered by analysts at BMO Capital Markets from $410.00 to $290.00. They now have an “outperform” rating on the stock.
• 8/15/2024 – CrowdStrike had its price target lowered by analysts at Morgan Stanley from $360.00 to $325.00. They now have an “overweight” rating on the stock.
• 8/15/2024 – CrowdStrike had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $400.00 to $295.00. They now have a “buy” rating on the stock.
• 8/14/2024 – CrowdStrike had its price target lowered by analysts at Scotiabank from $300.00 to $265.00. They now have a “sector perform” rating on the stock.
• 8/14/2024 – CrowdStrike had its price target lowered by analysts at Citigroup Inc. from $345.00 to $300.00. They now have a “buy” rating on the stock.
• 8/14/2024 – CrowdStrike had its price target lowered by analysts at DA Davidson from $380.00 to $290.00. They now have a “buy” rating on the stock.
• 8/9/2024 – CrowdStrike had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $315.00 price target on the stock.
• 8/9/2024 – CrowdStrike had its price target lowered by analysts at Stifel Nicolaus from $400.00 to $300.00. They now have a “buy” rating on the stock.
• 8/6/2024 – CrowdStrike was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $290.00 price target on the stock, down previously from $310.00.

CrowdStrike Stock Up 0.5 %

Shares of NASDAQ CRWD traded up $1.42 during midday trading on Wednesday, reaching $276.57. 242,939 shares of the company’s stock traded hands, compared to its average volume of 5,287,130. The company has a market cap of $67.31 billion, a price-to-earnings ratio of 521.83, a P/E/G ratio of 19.60 and a beta of 1.09. CrowdStrike Holdings, Inc. has a one year low of $160.86 and a one year high of $398.33. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. The stock’s 50 day simple moving average is $260.08 and its 200-day simple moving average is $310.27.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The business’s revenue was up 31.7% compared to the same quarter last year. During the same period last year, the business posted $0.06 EPS. On average, analysts predict that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the completion of the sale, the insider now owns 179,091 shares in the company, valued at approximately $46,563,660. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other CrowdStrike news, CEO George Kurtz sold 55,325 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $296.62, for a total transaction of $16,410,501.50. Following the transaction, the chief executive officer now owns 1,109,746 shares in the company, valued at approximately $329,172,858.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the sale, the insider now owns 179,091 shares of the company’s stock, valued at $46,563,660. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 96,962 shares of company stock valued at $28,774,798. 4.34% of the stock is currently owned by insiders.

Institutional Trading of CrowdStrike

A number of hedge funds and other institutional investors have recently made changes to their positions in CRWD. Burney Co. acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $1,342,000. Principal Financial Group Inc. increased its holdings in CrowdStrike by 429.2% in the second quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock valued at $114,360,000 after buying an additional 242,052 shares in the last quarter. HWG Holdings LP purchased a new position in CrowdStrike in the second quarter valued at $2,955,000. BNP Paribas acquired a new position in shares of CrowdStrike in the first quarter worth about $2,685,000. Finally, Swedbank AB acquired a new stake in shares of CrowdStrike during the 1st quarter valued at about $73,972,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

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.