CrowdStrike (NASDAQ:CRWD) Raised to Strong-Buy at Berenberg Bank

CrowdStrike (NASDAQ:CRWDGet Free Report) was upgraded by equities research analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

Several other analysts also recently issued reports on CRWD. DA Davidson reiterated a “buy” rating and set a $580.00 price target on shares of CrowdStrike in a research note on Wednesday, December 3rd. HSBC upped their target price on CrowdStrike from $417.00 to $446.00 and gave the stock a “hold” rating in a research report on Thursday, December 4th. BTIG Research reissued a “buy” rating and issued a $640.00 price target on shares of CrowdStrike in a research report on Wednesday, December 3rd. Morgan Stanley boosted their price objective on shares of CrowdStrike from $515.00 to $537.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 18th. Finally, DZ Bank downgraded shares of CrowdStrike from a “hold” rating to a “sell” rating and set a $440.00 price objective for the company. in a report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and an average target price of $555.10.

View Our Latest Research Report on CRWD

CrowdStrike Stock Performance

Shares of CRWD opened at $470.61 on Friday. The firm has a market cap of $118.64 billion, a price-to-earnings ratio of -373.50, a price-to-earnings-growth ratio of 111.57 and a beta of 1.03. The company’s fifty day moving average is $502.48 and its 200-day moving average is $481.62. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90.

CrowdStrike (NASDAQ:CRWDGet Free Report) last released its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.02. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. CrowdStrike had a negative net margin of 6.88% and a negative return on equity of 2.12%. CrowdStrike’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 EPS. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. Equities analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 17,550 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $481.38, for a total transaction of $8,448,219.00. Following the completion of the transaction, the chief executive officer directly owned 2,090,532 shares in the company, valued at $1,006,340,294.16. This represents a 0.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Burt W. Podbere sold 10,516 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $483.33, for a total transaction of $5,082,698.28. Following the completion of the sale, the chief financial officer owned 179,114 shares in the company, valued at $86,571,169.62. This represents a 5.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 73,395 shares of company stock valued at $36,920,217 in the last three months. 3.32% of the stock is owned by insiders.

Hedge Funds Weigh In On CrowdStrike

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Asset Planning Inc bought a new stake in shares of CrowdStrike during the third quarter valued at approximately $25,000. Pilgrim Partners Asia Pte Ltd bought a new position in CrowdStrike in the third quarter worth $25,000. Anchor Investment Management LLC acquired a new stake in CrowdStrike during the third quarter worth $25,000. AlphaQuest LLC acquired a new stake in CrowdStrike during the second quarter worth $26,000. Finally, Miller Global Investments LLC bought a new stake in CrowdStrike in the 4th quarter valued at $26,000. 71.16% of the stock is currently owned by institutional investors.

Key CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

About CrowdStrike

(Get Free Report)

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.

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Analyst Recommendations for CrowdStrike (NASDAQ:CRWD)

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