DA Davidson Issues Positive Forecast for CrowdStrike (NASDAQ:CRWD) Stock Price

CrowdStrike (NASDAQ:CRWD) had its price objective lifted by DA Davidson from $515.00 to $580.00 in a research report report published on Monday morning,MarketScreener reports. DA Davidson currently has a buy rating on the stock.

Several other research firms also recently issued reports on CRWD. Zacks Research downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. TD Cowen raised their price target on shares of CrowdStrike from $500.00 to $580.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Rosenblatt Securities raised their price target on shares of CrowdStrike from $550.00 to $630.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Needham & Company LLC increased their target price on shares of CrowdStrike from $475.00 to $535.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Finally, Barclays lifted their price target on CrowdStrike from $515.00 to $610.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. 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 issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $539.38.

CrowdStrike Stock Down 2.2%

Shares of NASDAQ CRWD traded down $11.15 during mid-day trading on Monday, reaching $495.67. 228,939 shares of the company were exchanged, compared to its average volume of 3,431,833. CrowdStrike has a 1 year low of $298.00 and a 1 year high of $566.90. The firm has a 50-day moving average of $509.19 and a 200 day moving average of $475.23. The stock has a market cap of $124.39 billion, a price-to-earnings ratio of -416.60, a P/E/G ratio of 115.30 and a beta of 1.16. 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: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 business had revenue of $1.17 billion during 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 company’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, research analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 20,000 shares of CrowdStrike stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $500.00, for a total transaction of $10,000,000.00. Following the transaction, the president directly owned 379,116 shares of the company’s stock, valued at $189,558,000. The trade was a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the sale, the director directly owned 768,511 shares in the company, valued at approximately $315,335,433.52. The trade was a 0.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 116,622 shares of company stock worth $58,561,456 in the last quarter. 3.32% of the stock is currently owned by insiders.

Institutional Trading of CrowdStrike

Several institutional investors and hedge funds have recently bought and sold shares of CRWD. Asset Planning Inc purchased a new stake in shares of CrowdStrike in the 3rd quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of CrowdStrike during the third quarter worth $25,000. Anchor Investment Management LLC purchased a new stake in shares of CrowdStrike in the 3rd quarter valued at $25,000. Vision Financial Markets LLC acquired a new position in CrowdStrike during the 1st quarter worth about $26,000. Finally, AlphaQuest LLC acquired a new position in CrowdStrike in the 2nd quarter valued at about $26,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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.