Rosenblatt Securities Forecasts Strong Price Appreciation for CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike (NASDAQ:CRWD) had its price target hoisted by stock analysts at Rosenblatt Securities from $550.00 to $630.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities’ price target would indicate a potential upside of 18.92% from the stock’s previous close.

Several other research firms have also recently commented on CRWD. BMO Capital Markets boosted their target price on CrowdStrike from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, September 18th. Sanford C. Bernstein lowered their price objective on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. Truist Financial raised their target price on shares of CrowdStrike from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Wednesday, October 15th. Finally, DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective on the stock. in a research report on Wednesday, September 24th. One investment 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. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $531.18.

CrowdStrike Stock Down 1.4%

Shares of CRWD opened at $529.78 on Tuesday. The company’s 50-day simple moving average is $501.78 and its 200-day simple moving average is $472.73. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The stock has a market capitalization of $132.95 billion, a PE ratio of -445.19, a P/E/G ratio of 126.32 and a beta of 1.16.

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

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on 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 sale, the director directly owned 768,511 shares of the company’s stock, valued at $315,335,433.52. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO George Kurtz sold 17,830 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $1,045,959,138.21. This represents a 0.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 116,622 shares of company stock valued at $58,561,456. Corporate insiders own 3.32% of the company’s stock.

Institutional Investors Weigh In On CrowdStrike

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Asset Planning Inc acquired a new position in shares of CrowdStrike in the 3rd quarter valued at $25,000. Pilgrim Partners Asia Pte Ltd acquired a new position in CrowdStrike in the third quarter valued at $25,000. Anchor Investment Management LLC purchased a new stake in shares of CrowdStrike in the third quarter valued at about $25,000. Vision Financial Markets LLC acquired a new stake in shares of CrowdStrike during the first quarter worth about $26,000. Finally, AlphaQuest LLC acquired a new stake in shares of CrowdStrike during the second quarter worth about $26,000. Hedge funds and other institutional investors 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.