Cantor Fitzgerald Issues Positive Forecast for CrowdStrike (NASDAQ:CRWD) Stock Price

CrowdStrike (NASDAQ:CRWD) had its price target increased by Cantor Fitzgerald from $500.00 to $590.00 in a research report released on Monday,MarketScreener reports. They currently have an overweight rating on the stock.

CRWD has been the subject of a number of other reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $490.00 target price on shares of CrowdStrike in a report on Thursday, September 18th. Arete Research set a $706.00 price objective on CrowdStrike in a research note on Tuesday, October 28th. Robert W. Baird lifted their target price on CrowdStrike from $490.00 to $550.00 and gave the company a “neutral” rating in a research note on Friday. Macquarie boosted their target price on CrowdStrike from $465.00 to $485.00 and gave the company a “neutral” rating in a report on Friday, September 19th. Finally, Royal Bank Of Canada upped their price target on CrowdStrike from $540.00 to $621.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $528.00.

CrowdStrike Stock Performance

Shares of CRWD opened at $529.78 on Monday. The company’s 50 day simple moving average is $501.78 and its 200-day simple moving average is $472.73. The firm has a market cap of $132.95 billion, a PE ratio of -445.19, a price-to-earnings-growth ratio of 126.32 and a beta of 1.16. 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 released 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 the consensus estimate of $1.15 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. CrowdStrike’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.04 EPS. 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, equities analysts predict that CrowdStrike will post 0.55 EPS for the current year.

Insider Activity at CrowdStrike

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

Institutional Trading of CrowdStrike

Large investors have recently bought and sold shares of the company. Advyzon Investment Management LLC increased its stake in shares of CrowdStrike by 142.9% during the 2nd quarter. Advyzon Investment Management LLC now owns 906 shares of the company’s stock valued at $461,000 after acquiring an additional 533 shares during the last quarter. Draper Asset Management LLC grew its holdings in CrowdStrike by 59.1% in the second quarter. Draper Asset Management LLC now owns 4,358 shares of the company’s stock valued at $2,176,000 after purchasing an additional 1,619 shares during the period. Geneos Wealth Management Inc. increased its position in CrowdStrike by 33.2% during the first quarter. Geneos Wealth Management Inc. now owns 24,059 shares of the company’s stock worth $8,483,000 after purchasing an additional 5,998 shares during the last quarter. Drucker Wealth 3.0 LLC acquired a new position in CrowdStrike during the second quarter worth approximately $397,000. Finally, Pegasus Asset Management Inc. raised its stake in CrowdStrike by 3.4% during the second quarter. Pegasus Asset Management Inc. now owns 2,431 shares of the company’s stock worth $1,238,000 after purchasing an additional 79 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Company Profile

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.