Daiwa Capital Markets Forecasts Strong Price Appreciation for CrowdStrike (NASDAQ:CRWD) Stock

CrowdStrike (NASDAQ:CRWD) had its price objective boosted by stock analysts at Daiwa Capital Markets from $475.00 to $530.00 in a research note issued to investors on Wednesday, September 24th,MarketScreener reports. The firm currently has an “outperform” rating on the stock. Daiwa Capital Markets’ price objective suggests a potential upside of 7.10% from the company’s previous close.

A number of other equities analysts also recently commented on CRWD. Bank of America reaffirmed a “neutral” rating and set a $470.00 price target (up from $420.00) on shares of CrowdStrike in a research report on Wednesday, June 4th. Zacks Research raised CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 29th. Citigroup reissued an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. Capital One Financial boosted their price objective on shares of CrowdStrike from $495.00 to $519.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Finally, Canaccord Genuity Group upped their price target on shares of CrowdStrike from $430.00 to $500.00 and gave the company a “hold” rating in a report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $484.95.

CrowdStrike Trading Up 0.9%

Shares of NASDAQ:CRWD traded up $4.47 during trading hours on Wednesday, hitting $494.85. 394,276 shares of the company’s stock traded hands, compared to its average volume of 3,670,743. The business has a fifty day moving average price of $444.31 and a 200-day moving average price of $437.34. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. CrowdStrike has a 1 year low of $274.86 and a 1 year high of $517.98. The firm has a market capitalization of $124.19 billion, a P/E ratio of -415.56, a price-to-earnings-growth ratio of 114.78 and a beta of 1.12.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $0.93 earnings per share 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%. The company’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous 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. Equities analysts expect that CrowdStrike will post 0.55 earnings per share for the current year.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 231,130 shares of the company’s stock, valued at $105,272,781.10. This trade represents a 4.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 2,234 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $495.68, for a total transaction of $1,107,349.12. Following the completion of the transaction, the chief accounting officer directly owned 39,017 shares in the company, valued at $19,339,946.56. This trade represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 119,066 shares of company stock worth $55,809,043. 3.32% of the stock is currently owned by insiders.

Institutional Trading of CrowdStrike

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. AlphaQuest LLC purchased a new position in CrowdStrike in the 2nd quarter valued at approximately $26,000. Howard Hughes Medical Institute purchased a new stake in shares of CrowdStrike during the 2nd quarter worth $27,000. Financial Gravity Companies Inc. purchased a new stake in shares of CrowdStrike during the 2nd quarter worth $33,000. Financial Management Professionals Inc. lifted its position in shares of CrowdStrike by 91.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 71 shares of the company’s stock worth $36,000 after purchasing an additional 34 shares during the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of CrowdStrike during the 2nd quarter worth $36,000. 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.