CrowdStrike (NASDAQ:CRWD) Reaches New 1-Year High on Analyst Upgrade

CrowdStrike (NASDAQ:CRWD)’s share price hit a new 52-week high during trading on Wednesday after Arete Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $553.64 and last traded at $546.94, with a volume of 3363679 shares traded. The stock had previously closed at $529.70.

A number of other equities research analysts also recently commented on CRWD. Wedbush reissued a “buy” rating on shares of CrowdStrike in a research report on Thursday, August 28th. Mizuho boosted 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. Bank of America raised their price target on CrowdStrike from $470.00 to $535.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Wednesday, October 15th. Finally, Sanford C. Bernstein dropped their price objective on CrowdStrike from $371.00 to $343.00 and set a “market perform” rating on the stock in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $505.78.

Insiders Place Their Bets

In other news, CAO Anurag Saha sold 1,762 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $482.41, for a total transaction of $850,006.42. Following the transaction, the chief accounting officer directly owned 37,255 shares in the company, valued at approximately $17,972,184.55. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 17,830 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $494.53, for a total transaction of $8,817,469.90. Following the transaction, the chief executive officer owned 2,115,057 shares in the company, valued at approximately $1,045,959,138.21. This trade represents a 0.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 156,840 shares of company stock valued at $75,350,186. 3.32% of the stock is owned by insiders.

Institutional Investors Weigh In On CrowdStrike

Several hedge funds have recently made changes to their positions in CRWD. Brighton Jones LLC raised its stake in shares of CrowdStrike by 44.9% during the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock worth $2,670,000 after purchasing an additional 2,417 shares during the last quarter. Mather Group LLC. raised its position in CrowdStrike by 60.0% in the first quarter. Mather Group LLC. now owns 1,051 shares of the company’s stock worth $370,000 after acquiring an additional 394 shares in the last quarter. DAVENPORT & Co LLC raised its position in CrowdStrike by 9.1% in the first quarter. DAVENPORT & Co LLC now owns 2,911 shares of the company’s stock worth $1,026,000 after acquiring an additional 243 shares in the last quarter. Keybank National Association OH raised its position in CrowdStrike by 4.3% in the first quarter. Keybank National Association OH now owns 5,904 shares of the company’s stock worth $2,082,000 after acquiring an additional 242 shares in the last quarter. Finally, Aaron Wealth Advisors LLC increased its holdings in shares of CrowdStrike by 14.9% in the 1st quarter. Aaron Wealth Advisors LLC now owns 1,164 shares of the company’s stock valued at $410,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

The stock’s fifty day moving average price is $473.00 and its 200-day moving average price is $459.79. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market cap of $135.19 billion, a PE ratio of -452.67, a P/E/G ratio of 128.19 and a beta of 1.19.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results 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 company 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 posted $1.04 earnings per share. The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.600-3.72 EPS. Q3 2026 guidance at 0.930-0.95 EPS. As a group, equities analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

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.