Evercore ISI Cuts CrowdStrike (NASDAQ:CRWD) Price Target to $425.00

CrowdStrike (NASDAQ:CRWD) had its target price lowered by Evercore ISI from $440.00 to $425.00 in a research report sent to investors on Monday morning, Marketbeat reports. Evercore ISI currently has an in-line rating on the stock.

CRWD has been the subject of several other reports. Rosenblatt Securities lifted their target price on CrowdStrike from $450.00 to $515.00 and gave the company a “buy” rating in a research report on Monday, June 2nd. Wedbush boosted their target price on CrowdStrike from $475.00 to $525.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 3rd. Stifel Nicolaus boosted their target price on CrowdStrike from $480.00 to $495.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. UBS Group reiterated a “buy” rating on shares of CrowdStrike in a research note on Tuesday, June 3rd. Finally, Roth Capital boosted their price objective on CrowdStrike from $410.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Twenty-six equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $460.81.

CrowdStrike Trading Up 0.1%

Shares of CRWD stock opened at $419.17 on Monday. The stock’s fifty day moving average is $469.89 and its two-hundred day moving average is $427.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.85 and a current ratio of 1.85. The firm has a market capitalization of $104.48 billion, a P/E ratio of -607.49 and a beta of 1.13. CrowdStrike has a fifty-two week low of $242.25 and a fifty-two week high of $517.98.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, June 3rd. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.07. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. CrowdStrike had a positive return on equity of 0.43% and a negative net margin of 4.17%.The company’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period last year, the company earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. Research analysts expect that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In other CrowdStrike news, Director Denis Oleary sold 15,680 shares of the stock in a transaction on Monday, June 9th. The stock was sold at an average price of $468.93, for a total value of $7,352,822.40. Following the completion of the transaction, the director owned 36,906 shares in the company, valued at approximately $17,306,330.58. This represents a 29.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Burt W. Podbere sold 11,883 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the completion of the sale, the chief financial officer directly owned 231,130 shares of the company’s stock, valued at approximately $105,272,781.10. This trade represents a 4.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 214,414 shares of company stock valued at $101,484,738 over the last three months. 3.32% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CrowdStrike

Several institutional investors have recently made changes to their positions in CRWD. Cloud Capital Management LLC purchased a new stake in shares of CrowdStrike during the 1st quarter worth $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings in CrowdStrike by 114.3% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company’s stock valued at $26,000 after purchasing an additional 40 shares during the last quarter. Vision Financial Markets LLC acquired a new stake in CrowdStrike in the first quarter valued at $26,000. AlphaQuest LLC acquired a new stake in CrowdStrike in the second quarter valued at $26,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its holdings in CrowdStrike by 305.3% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 58 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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.