Morgan Stanley Raises CrowdStrike (NASDAQ:CRWD) Price Target to $515.00

CrowdStrike (NASDAQ:CRWDGet Free Report) had its price target hoisted by equities researchers at Morgan Stanley from $475.00 to $515.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price target suggests a potential downside of 4.19% from the stock’s current price.

A number of other equities analysts have also issued reports on the company. UBS Group decreased their price objective on CrowdStrike from $545.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Cantor Fitzgerald increased their price target on CrowdStrike from $475.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, September 18th. DA Davidson lifted their price objective on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Macquarie upped their price objective on shares of CrowdStrike from $465.00 to $485.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Finally, Arete Research set a $706.00 target price on shares of CrowdStrike in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $516.93.

View Our Latest Report on CrowdStrike

CrowdStrike Stock Up 1.5%

CRWD stock opened at $537.55 on Thursday. The stock has a market cap of $134.90 billion, a PE ratio of -451.72, a price-to-earnings-growth ratio of 124.49 and a beta of 1.16. The firm’s 50-day simple moving average is $499.74 and its 200 day simple moving average is $471.46. CrowdStrike has a fifty-two week low of $298.00 and a fifty-two week high of $566.90. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWDGet Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the business posted $1.04 EPS. CrowdStrike’s revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, sell-side analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insiders Place Their Bets

In related news, Director Johanna Flower sold 2,347 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $490.98, for a total transaction of $1,152,330.06. Following the completion of the sale, the director directly owned 79,057 shares of the company’s stock, valued at $38,815,405.86. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Kurtz sold 6,975 shares of CrowdStrike stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $549.89, for a total transaction of $3,835,482.75. Following the completion of the transaction, the chief executive officer owned 2,108,082 shares in the company, valued at approximately $1,159,213,210.98. This trade represents a 0.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 116,622 shares of company stock worth $58,561,456. Company insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

Institutional investors and hedge funds have recently modified their holdings of the stock. Asset Planning Inc purchased a new position in CrowdStrike in the 3rd quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in CrowdStrike during the third quarter valued at about $25,000. Vision Financial Markets LLC acquired a new position in shares of CrowdStrike in the first quarter worth about $26,000. AlphaQuest LLC purchased a new position in shares of CrowdStrike in the second quarter worth approximately $26,000. Finally, Logan Capital Management Inc. purchased a new position in shares of CrowdStrike in the third quarter worth approximately $26,000. 71.16% of the stock is owned by institutional investors and hedge funds.

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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Analyst Recommendations for CrowdStrike (NASDAQ:CRWD)

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