Stifel Nicolaus Boosts CrowdStrike (NASDAQ:CRWD) Price Target to $600.00

CrowdStrike (NASDAQ:CRWD) had its price target boosted by analysts at Stifel Nicolaus from $515.00 to $600.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 11.62% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. KeyCorp boosted their price target on shares of CrowdStrike from $495.00 to $510.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Daiwa Capital Markets lifted their target price on shares of CrowdStrike from $475.00 to $530.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 24th. DA Davidson boosted their target price on shares of CrowdStrike from $490.00 to $515.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Macquarie increased their price target on shares of CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Finally, New Street Research set a $460.00 price target on shares of CrowdStrike in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $520.82.

CrowdStrike Stock Up 1.5%

CRWD stock opened at $537.55 on Monday. The company has a market cap of $134.90 billion, a price-to-earnings ratio of -451.72, a PEG ratio of 126.32 and a beta of 1.16. The firm has a 50-day moving average of $499.74 and a two-hundred day moving average of $472.05. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. CrowdStrike had a negative return on equity of 1.53% and a negative net margin of 6.84%.The business’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.04 earnings per share. 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, analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director directly owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO George Kurtz sold 17,830 shares of CrowdStrike stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $494.53, for a total value of $8,817,469.90. Following the completion of the sale, the chief executive officer directly owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. The trade was a 0.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 116,622 shares of company stock worth $58,561,456. Company insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On CrowdStrike

Several hedge funds have recently bought and sold shares of the company. Asset Planning Inc purchased a new stake in CrowdStrike during the third quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of CrowdStrike in the third quarter valued at approximately $25,000. Anchor Investment Management LLC purchased a new stake in CrowdStrike during the 3rd quarter worth approximately $25,000. AlphaQuest LLC acquired a new stake in CrowdStrike during the 2nd quarter worth approximately $26,000. Finally, Logan Capital Management Inc. acquired a new stake in CrowdStrike during the 3rd quarter worth approximately $26,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

About CrowdStrike

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.