CrowdStrike (NASDAQ:CRWD) Stock Price Down 3.4% – What’s Next?

by · The Markets Daily

CrowdStrike (NASDAQ:CRWD – Get Free Report)’s stock price dropped 3.4% during trading on Monday . The company traded as low as $487.43 and last traded at $487.47. Approximately 2,159,798 shares were traded during trading, a decline of 36% from the average daily volume of 3,393,853 shares. The stock had previously closed at $504.78.

Wall Street Analyst Weigh In

Several research analysts have recently commented on CRWD shares. KeyCorp lifted their target price on CrowdStrike from $510.00 to $570.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. BTIG Research reiterated a “buy” rating and set a $640.00 target price on shares of CrowdStrike in a research note on Wednesday, December 3rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $630.00 price target on shares of CrowdStrike in a report on Wednesday, December 3rd. DA Davidson reiterated a “buy” rating and set a $580.00 price objective on shares of CrowdStrike in a research note on Wednesday, December 3rd. Finally, Needham & Company LLC lifted their target price on CrowdStrike from $535.00 to $575.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $554.65.

View Our Latest Stock Analysis on CRWD

CrowdStrike Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.81. The stock has a fifty day moving average price of $517.11 and a two-hundred day moving average price of $482.39. The company has a market cap of $118.49 billion, a P/E ratio of -373.03, a PEG ratio of 117.99 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD – Get Free Report) last posted its earnings results on Tuesday, December 2nd. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the firm earned $0.93 EPS. The firm’s revenue was up 21.8% compared to the same quarter last year. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. On average, equities analysts forecast that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Denis Oleary sold 7,750 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $515.44, for a total transaction of $3,994,660.00. Following the sale, the director owned 10,816 shares of the company’s stock, valued at $5,574,999.04. The trade was a 41.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Kurtz sold 17,830 shares of the company’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 value of $8,817,469.90. Following the completion of the sale, the chief executive officer owned 2,115,057 shares of the company’s stock, valued at $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. Insiders have sold 120,595 shares of company stock worth $61,294,989 in the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

Institutional Trading of CrowdStrike

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in CrowdStrike by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 23,876,498 shares of the company’s stock valued at $11,708,557,000 after acquiring an additional 445,926 shares during the last quarter. State Street Corp lifted its stake in CrowdStrike by 1.1% during the third quarter. State Street Corp now owns 10,922,290 shares of the company’s stock valued at $5,356,073,000 after purchasing an additional 117,639 shares during the last quarter. Geode Capital Management LLC boosted its holdings in CrowdStrike by 5.0% during the second quarter. Geode Capital Management LLC now owns 5,728,167 shares of the company’s stock worth $2,903,752,000 after buying an additional 273,922 shares in the last quarter. Laurel Wealth Advisors LLC boosted its holdings in CrowdStrike by 54,635.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,293,484 shares of the company’s stock worth $2,186,714,000 after buying an additional 4,285,640 shares in the last quarter. Finally, Norges Bank acquired a new position in CrowdStrike in the second quarter worth approximately $1,638,365,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Company Profile

(Get Free Report)

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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