CrowdStrike’s (CRWD) Buy Rating Reiterated at Rosenblatt Securities

CrowdStrike (NASDAQ:CRWD)‘s stock had its “buy” rating reiterated by equities researchers at Rosenblatt Securities in a report issued on Wednesday,Benzinga reports. They currently have a $630.00 price objective on the stock. Rosenblatt Securities’ price target would suggest a potential upside of 21.96% from the company’s previous close.

A number of other equities research analysts have also recently commented on the stock. Scotiabank raised shares of CrowdStrike from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $440.00 to $600.00 in a research note on Thursday, September 25th. Barclays upped their price target on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $353.00 target price on shares of CrowdStrike in a research note on Wednesday. Robert W. Baird lifted their price target on shares of CrowdStrike from $490.00 to $550.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of CrowdStrike in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $553.86.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $516.55 on Wednesday. The company has a 50 day simple moving average of $512.64 and a two-hundred day simple moving average of $478.46. The stock has a market cap of $129.63 billion, a price-to-earnings ratio of -434.07, a PEG ratio of 118.84 and a beta of 1.09. 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 has a 12 month low of $298.00 and a 12 month high of $566.90.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. CrowdStrike had a negative net margin of 6.84% and a negative return on equity of 1.53%. The firm’s revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. As a group, analysts predict that CrowdStrike will post 0.55 earnings per share for the current year.

Insider Activity at CrowdStrike

In other news, President Michael Sentonas sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the sale, the president directly owned 354,116 shares in the company, valued at $182,369,740. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Burt W. Podbere sold 1,957 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total value of $1,077,152.37. Following the completion of the sale, the chief financial officer directly owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. This represents a 0.89% 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 90 days. 3.32% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Asset Planning Inc purchased a new position in CrowdStrike during the third quarter worth about $25,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of CrowdStrike during the 3rd quarter valued at approximately $25,000. Anchor Investment Management LLC purchased a new stake in shares of CrowdStrike during the 3rd quarter valued at approximately $25,000. AlphaQuest LLC acquired a new position in CrowdStrike in the second quarter valued at approximately $26,000. Finally, Logan Capital Management Inc. purchased a new position in CrowdStrike in the third quarter worth approximately $26,000. 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.