11 Analysts Boost targets on Crowdstrike (CRWD:NSD) Stock After Earnings Beat

Crowdstrike Stock

Analyst Ratings Coverage

Rosenblatt Securities:

  • Rating: Maintains Buy
  • Price Target: Increased from USD 200 to USD 245

Rosenblatt Securities expresses continued confidence in CrowdStrike’s future, maintaining a “Buy” rating and significantly raising the price target from USD 200 to USD 245. This signals a bullish outlook on the company’s prospects.

J.P. Morgan Chase & Co:

  • Rating: Maintains Overweight
  • Price Target: Increased from USD 210 to USD 230

J.P. Morgan Chase & Co. maintains its “Overweight” rating on CrowdStrike and boosts the price target from USD 210 to USD 230, reflecting a positive stance on the stock’s performance.

Cantor Fitzgerald & Co:

  • Action: Target Raised
  • Rating: Overweight
  • Previous Target: USD 180
  • New Target: USD 240

Cantor Fitzgerald & Co. takes an affirmative step by raising the target from USD 180 to USD 240 while maintaining an “Overweight” rating, emphasizing an optimistic outlook on CrowdStrike’s market position.

Barclays:

  • Rating: Maintains Overweight
  • Price Target: Increased from USD 225 to USD 240

Barclays maintains its “Overweight” rating on CrowdStrike and adjusts the price target upward from USD 225 to USD 240, reflecting a positive sentiment regarding the company’s growth potential.

KeyBanc Capital Markets:

  • Rating: Maintains Overweight
  • Price Target: Increased from USD 240 to USD 245

KeyBanc Capital Markets sustains an “Overweight” rating and raises the price target from USD 240 to USD 245, indicating a bullish outlook on the stock’s performance.

Canaccord Genuity:

  • Rating: Maintains Buy
  • Price Target: Increased from USD 221 to USD 240

Canaccord Genuity maintains its “Buy” rating and increases the price target from USD 221 to USD 240, underscoring a positive view on CrowdStrike’s market position.

Stifel Nicolaus:

  • Rating: Maintains Buy
  • Price Target: Increased from USD 225 to USD 240

Stifel Nicolaus maintains a “Buy” rating on CrowdStrike and raises the price target from USD 225 to USD 240, indicating confidence in the company’s continued growth.

Scotia Capital:

  • Action: Target Up
  • Rating: Maintains Outperform
  • New Target: USD 238

Scotia Capital maintains an “Outperform” rating and adjusts the target upward to USD 238, reflecting a positive assessment of CrowdStrike’s performance in the market.

Piper Jaffray Companies:

  • Action: Target Raised
  • Rating: Overweight
  • Previous Target: USD 210
  • New Target: USD 245

Piper Jaffray Companies raises the target from USD 210 to USD 245 while maintaining an “Overweight” rating, indicating confidence in CrowdStrike’s potential for continued success.

Oppenheimer & Co.:

  • Rating: Maintains Outperform
  • Price Target: Increased from USD 215 to USD 240

Oppenheimer & Co. maintains an “Outperform” rating and raises the price target from USD 215 to USD 240, highlighting a positive outlook on CrowdStrike’s growth trajectory.

Mizuho Securities:

  • Action: Target Raised
  • Rating: Buy
  • Previous Target: USD 205
  • New Target: USD 225

Mizuho Securities raises the target from USD 205 to USD 225 and maintains a “Buy” rating, indicating optimism about CrowdStrike’s market position and performance.

Crowdstrike Stock Analysis

According to a consensus of 35 analysts, the average target price for Crowdstrike Holdings Inc (ticker: CRWD) over the next 12 months is USD 195.76. This figure is derived from comprehensive analyses and projections made by financial experts who closely follow the company’s performance and market trends. The strong buy consensus reflects a high degree of confidence in Crowdstrike’s future prospects.

Stock Target Advisor’s Analysis

Stock Target Advisor provides its own analysis of Crowdstrike Holdings Inc, indicating a slightly bearish stance. This assessment is based on a combination of positive and negative signals. The analysis takes into account four positive signals and five negative signals to arrive at an overall evaluation that leans towards a cautious outlook.

Positive Signals:

  1. Analyst Consensus: The strong buy consensus from analysts suggests a positive outlook for Crowdstrike.
  2. Recent Price Change: The stock has shown positive momentum, with a +1.61% change over the past week.
  3. Monthly Performance: Over the past month, Crowdstrike’s stock has surged by +22.87%, indicating a robust short-term performance.
  4. Annual Growth: Looking at the broader picture, the stock has demonstrated remarkable growth over the last year, with an impressive +52.28% increase.

Negative Signals:

  1. Stock Target Advisor’s Overall Analysis: The platform’s comprehensive analysis leans slightly bearish, suggesting caution to investors.
  2. Negative Price Change Signals: While the recent weekly and monthly performances are positive, it’s essential to note that Stock Target Advisor has identified certain negative signals impacting its overall analysis.

Recent Stock Performance

As of the last closing, Crowdstrike Holdings Inc’s stock price stood at USD 212.35. Over the past week, the stock has experienced a modest increase of +1.61%. However, the more substantial gains are evident in the monthly and yearly performances, with a notable surge of +22.87% and +52.28%, respectively.

CRWD Ratings by Stock Target Advisor

Final Analysis

In summary, while the average analyst target price suggests a future value of USD 195.76 for Crowdstrike Holdings Inc, it’s important to consider the mixed signals presented by Stock Target Advisor. Investors should be mindful of both the positive momentum in recent weeks and months and the cautious stance indicated by certain factors.

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