CrowdStrike (NASDAQ:CRWD) Price Target Raised to $540.00

CrowdStrike (NASDAQ:CRWD) had its price target raised by Royal Bank Of Canada from $510.00 to $540.00 in a research report sent to investors on Monday, MarketBeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other brokerages also recently commented on CRWD. Canaccord Genuity Group increased their price objective on CrowdStrike from $430.00 to $500.00 and gave the stock a “hold” rating in a research note on Monday, September 22nd. Mizuho upped their target price on shares of CrowdStrike from $430.00 to $450.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. Oppenheimer reiterated an “outperform” rating and issued a $520.00 target price on shares of CrowdStrike in a report on Thursday, August 28th. Sanford C. Bernstein reduced their price objective on shares of CrowdStrike from $371.00 to $343.00 and set a “market perform” rating for the company in a research report on Thursday, August 28th. Finally, Piper Sandler decreased their price objective on shares of CrowdStrike from $505.00 to $450.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seventeen have issued a Hold rating and two have assigned 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 $494.02.

CrowdStrike Stock Performance

CRWD opened at $489.02 on Monday. CrowdStrike has a 1-year low of $294.68 and a 1-year high of $517.98. The company has a market cap of $122.72 billion, a price-to-earnings ratio of -410.94, a PEG ratio of 114.90 and a beta of 1.19. The company’s fifty day moving average price is $452.81 and its two-hundred day moving average price is $446.60. 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 issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the company earned $1.04 earnings per share. The business’s revenue was up 21.4% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. On average, analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions 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 transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares in the company, valued at $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Kurtz sold 42,267 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $450.47, for a total transaction of $19,040,015.49. Following the completion of the transaction, the chief executive officer owned 2,132,887 shares of the company’s stock, valued at $960,801,606.89. The trade was a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders sold 155,743 shares of company stock worth $74,348,319 over the last quarter. 3.32% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Brighton Jones LLC grew its position in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after purchasing an additional 2,417 shares in the last quarter. GAMMA Investing LLC boosted its stake in CrowdStrike by 43.6% in the 1st quarter. GAMMA Investing LLC now owns 3,082 shares of the company’s stock worth $1,087,000 after purchasing an additional 936 shares during the period. CX Institutional purchased a new position in CrowdStrike during the 1st quarter valued at about $175,000. Tritonpoint Wealth LLC increased its position in shares of CrowdStrike by 13.6% during the first quarter. Tritonpoint Wealth LLC now owns 735 shares of the company’s stock valued at $259,000 after buying an additional 88 shares during the period. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of CrowdStrike in the first quarter worth about $53,000. 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.