Providing a diverse range of perspectives from bullish to bearish, 26 analysts have published ratings on CrowdStrike Holdings CRWD in the last three months.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 10 | 16 | 0 | 0 | 0 |
| Last 30D | 1 | 1 | 0 | 0 | 0 |
| 1M Ago | 4 | 5 | 0 | 0 | 0 |
| 2M Ago | 2 | 8 | 0 | 0 | 0 |
| 3M Ago | 3 | 2 | 0 | 0 | 0 |
Analysts have recently evaluated CrowdStrike Holdings and provided 12-month price targets. The average target is $324.0, accompanied by a high estimate of $380.00 and a low estimate of $240.00. Observing a 23.37% increase, the current average has risen from the previous average price target of $262.62.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of CrowdStrike Holdings among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Alex Henderson | Needham | Raises | Buy | $350.00 | $325.00 |
| Andrew Nowinski | Wells Fargo | Raises | Overweight | $380.00 | $315.00 |
| Brian Essex | JP Morgan | Raises | Overweight | $350.00 | $300.00 |
| Saket Kalia | Barclays | Raises | Overweight | $340.00 | $300.00 |
| John Difucci | Guggenheim | Raises | Buy | $358.00 | $274.00 |
| Gabriela Borges | Goldman Sachs | Raises | Buy | $370.00 | $222.00 |
| Patrick Scholes | Truist Securities | Raises | Buy | $350.00 | $290.00 |
| Catharine Trebnick | Rosenblatt | Raises | Buy | $375.00 | $315.00 |
| Eric Heath | Keybanc | Raises | Overweight | $375.00 | $318.00 |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Overweight | $360.00 | - |
| Yi Fu Lee | Cantor Fitzgerald | Raises | Overweight | $360.00 | $240.00 |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Overweight | $240.00 | - |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $330.00 | - |
| Adam Tindle | Raymond James | Announces | Outperform | $330.00 | - |
| Trevor Walsh | JMP Securities | Raises | Market Outperform | $330.00 | $235.00 |
| Eric Heath | Keybanc | Raises | Overweight | $318.00 | $245.00 |
| Patrick Scholes | Truist Securities | Raises | Buy | $290.00 | $230.00 |
| Jonathan Ruykhaver | Cantor Fitzgerald | Maintains | Overweight | $240.00 | - |
| Fatima Boolani | Citigroup | Raises | Buy | $320.00 | $275.00 |
| Hamza Fodderwala | Morgan Stanley | Raises | Overweight | $304.00 | $203.00 |
| Ittai Kidron | Oppenheimer | Raises | Outperform | $300.00 | $240.00 |
| Catharine Trebnick | Rosenblatt | Raises | Buy | $315.00 | $245.00 |
| Alex Henderson | Needham | Raises | Buy | $325.00 | $250.00 |
| Keith Bachman | BMO Capital | Raises | Outperform | $270.00 | $238.00 |
| Gregg Moskowitz | Mizuho | Raises | Buy | $275.00 | $225.00 |
| Brian Essex | JP Morgan | Raises | Overweight | $269.00 | $230.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to CrowdStrike Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of CrowdStrike Holdings compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for CrowdStrike Holdings's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into CrowdStrike Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on CrowdStrike Holdings analyst ratings.
Discovering CrowdStrike Holdings: A Closer Look
CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.
CrowdStrike Holdings: Financial Performance Dissected
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: CrowdStrike Holdings displayed positive results in 3 months. As of 31 October, 2023, the company achieved a solid revenue growth rate of approximately 35.31%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: CrowdStrike Holdings's net margin excels beyond industry benchmarks, reaching 3.39%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.38%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.47%, the company showcases effective utilization of assets.
Debt Management: CrowdStrike Holdings's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.39.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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