CrowdStrike (NASDAQ:CRWD) Issues Q4 Earnings Guidance

CrowdStrike (NASDAQ:CRWD) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.84-0.86 for the period, compared to the consensus earnings per share estimate of $0.86. The company issued revenue guidance of $1.0287-1.0354 billion, compared to the consensus revenue estimate of $1.03 billion. CrowdStrike also updated its FY 2025 guidance to 3.740-3.760 EPS.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Morgan Stanley increased their target price on shares of CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Monday. The Goldman Sachs Group dropped their price target on CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a research report on Thursday, August 15th. Robert W. Baird upped their price objective on shares of CrowdStrike from $375.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Barclays lifted their target price on shares of CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $355.80.

CrowdStrike Price Performance

Shares of CRWD stock opened at $347.59 on Friday. The business’s fifty day moving average is $314.88 and its 200 day moving average is $313.01. The company has a quick ratio of 1.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $85.20 billion, a price-to-earnings ratio of 681.56, a PEG ratio of 25.16 and a beta of 1.10. CrowdStrike has a twelve month low of $200.81 and a twelve month high of $398.33.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. CrowdStrike had a net margin of 3.39% and a return on equity of 7.11%. The company had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. During the same period last year, the business earned $0.06 EPS. CrowdStrike’s quarterly revenue was up 31.7% compared to the same quarter last year. Research analysts expect that CrowdStrike will post 0.49 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, President Michael Sentonas sold 10,776 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $3,203,489.28. Following the transaction, the president now owns 400,390 shares in the company, valued at $119,027,939.20. The trade was a 2.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,683 shares of the firm’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the sale, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. This represents a 4.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 108,248 shares of company stock worth $32,465,110. 4.34% of the stock is currently owned by company insiders.

CrowdStrike Company Profile

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.