CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) – Research analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for shares of CrowdStrike in a report issued on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the company will earn ($0.65) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $475.00 price target on the stock. The consensus estimate for CrowdStrike’s current full-year earnings is $0.55 per share.
CRWD has been the topic of several other reports. Wells Fargo & Company lifted their target price on shares of CrowdStrike from $430.00 to $550.00 and gave the stock an “overweight” rating in a research report on Monday, June 2nd. Royal Bank of Canada lifted their price objective on shares of CrowdStrike from $500.00 to $510.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. BMO Capital Markets raised their target price on CrowdStrike from $405.00 to $500.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. BTIG Research reiterated a “buy” rating on shares of CrowdStrike in a report on Thursday, May 22nd. Finally, Piper Sandler increased their price objective on CrowdStrike from $400.00 to $505.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 4th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $453.17.
CrowdStrike Stock Up 1.0%
CrowdStrike stock opened at $481.73 on Wednesday. CrowdStrike has a 52 week low of $200.81 and a 52 week high of $491.20. The stock has a market cap of $119.41 billion, a price-to-earnings ratio of 944.59, a PEG ratio of 17.86 and a beta of 1.16. The company’s 50-day moving average price is $425.70 and its two-hundred day moving average price is $391.11. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.
CrowdStrike (NASDAQ:CRWD – Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.07. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the company earned $0.93 earnings per share. The business’s quarterly revenue was up 19.8% compared to the same quarter last year.
Insider Buying and Selling
In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the sale, the director now directly owns 768,092 shares in the company, valued at approximately $248,984,702.72. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the business’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. This represents a 3.97% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 252,361 shares of company stock valued at $106,359,058. Company insiders own 3.32% of the company’s stock.
Hedge Funds Weigh In On CrowdStrike
Several large investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in shares of CrowdStrike in the fourth quarter valued at $1,111,542,000. Nuveen LLC bought a new position in CrowdStrike during the 1st quarter valued at about $595,766,000. Jennison Associates LLC grew its holdings in CrowdStrike by 21.1% during the 1st quarter. Jennison Associates LLC now owns 6,565,275 shares of the company’s stock valued at $2,314,785,000 after purchasing an additional 1,144,295 shares during the last quarter. GAMMA Investing LLC raised its position in CrowdStrike by 50,536.2% in the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company’s stock worth $383,132,000 after purchasing an additional 1,084,506 shares during the period. Finally, Pathstone Holdings LLC lifted its stake in CrowdStrike by 379.0% in the fourth quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company’s stock worth $440,116,000 after purchasing an additional 1,017,678 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.
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.
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