CrowdStrike (NASDAQ:CRWD) Now Covered by Benchmark

Investment analysts at Benchmark began coverage on shares of CrowdStrike (NASDAQ:CRWD) in a research note issued on Wednesday,MarketScreener reports. The firm set a “buy” rating and a $500.00 price target on the stock. Benchmark’s price objective points to a potential upside of 27.36% from the stock’s previous close.

A number of other analysts also recently weighed in on CRWD. Stephens increased their price objective on CrowdStrike from $465.00 to $490.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $520.00 price target on shares of CrowdStrike in a research report on Wednesday, March 4th. Capital One Financial decreased their price target on CrowdStrike from $600.00 to $590.00 and set an “overweight” rating for the company in a research note on Wednesday, January 14th. Stifel Nicolaus decreased their target price on shares of CrowdStrike from $600.00 to $480.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Finally, Berenberg Bank set a $600.00 price objective on shares of CrowdStrike and gave the stock a “buy” rating in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $504.98.

CrowdStrike Stock Up 0.6%

Shares of CRWD opened at $392.59 on Wednesday. CrowdStrike has a 52 week low of $298.00 and a 52 week high of $566.90. The stock has a fifty day moving average of $415.13 and a 200-day moving average of $468.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.77. The stock has a market capitalization of $99.56 billion, a price-to-earnings ratio of -534.55, a PEG ratio of 16.67 and a beta of 1.06.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Tuesday, March 3rd. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.10 by $0.02. CrowdStrike had a negative return on equity of 0.14% and a negative net margin of 3.81%.The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period last year, the company earned $1.03 earnings per share. The business’s quarterly revenue was up 23.8% on a year-over-year basis. As a group, sell-side analysts anticipate that CrowdStrike will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Johanna Flower sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $461.94, for a total value of $1,385,820.00. Following the completion of the transaction, the director directly owned 76,082 shares of the company’s stock, valued at approximately $35,145,319.08. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Michael Sentonas sold 19,367 shares of CrowdStrike stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $411.06, for a total transaction of $7,960,999.02. Following the completion of the transaction, the president owned 406,944 shares of the company’s stock, valued at $167,278,400.64. This represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 116,469 shares of company stock worth $48,369,351 in the last quarter. 3.32% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CrowdStrike

Large investors have recently made changes to their positions in the stock. Asset Planning Inc purchased a new position in CrowdStrike during the 3rd quarter valued at about $25,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of CrowdStrike in the 3rd quarter worth approximately $25,000. Anchor Investment Management LLC purchased a new stake in CrowdStrike during the third quarter valued at about $25,000. Logan Capital Management Inc. bought a new position in CrowdStrike during the 3rd quarter worth approximately $26,000. Finally, Howard Hughes Medical Institute purchased a new position in CrowdStrike in the 2nd quarter worth approximately $27,000. 71.16% of the stock is owned by institutional investors.

Key CrowdStrike News

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: Wolfe Research upgraded CRWD to “Outperform,” citing an Anthropic/AI model catalyst and assigning a $450 price target — a direct analyst push that helped re-rate the stock. Read More.
• Positive Sentiment: Morgan Stanley and other firms highlighted CrowdStrike as a top AI-security play, reinforcing investor conviction that AI-driven threats boost demand for endpoint/cloud security. That analyst attention has driven notable intraday rallies. Read More.
• Positive Sentiment: CrowdStrike expanded strategic AI-powered partnerships (HCLTech; integrations with IBM and Intel have been publicized) to scale threat-exposure and AI security services internationally — a revenue and enterprise-sales positive. Read More.
• Positive Sentiment: High-profile bullish coverage (Jim Cramer, Seeking Alpha pieces) reinforces the narrative that CrowdStrike’s platform and AI roadmap strengthen retention and ARR growth, supporting investor sentiment. Read More.
• Neutral Sentiment: Insider filings show roughly $28.1M of sales by CrowdStrike insiders in March, but filings state sales were to cover tax withholdings on vested RSUs — a liquidity/administrative motive rather than an explicit negative signal. Read More.
• Negative Sentiment: Broader cybersecurity sector volatility and prior pullbacks remain a risk: CRWD has been materially off its highs, and that technical/market-pressure backdrop can cap near-term gains despite the positive catalysts. Read More.

About CrowdStrike

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.