CrowdStrike (NASDAQ:CRWD) Releases Q4 Earnings Guidance

CrowdStrike (NASDAQ:CRWD) updated its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.84-0.86 for the period, compared to the consensus 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.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $364.30 on Wednesday. The company has a market capitalization of $89.30 billion, a P/E ratio of 527.97, a P/E/G ratio of 26.33 and a beta of 1.10. CrowdStrike has a 12-month low of $200.81 and a 12-month high of $398.33. The business’s 50 day moving average is $311.86 and its two-hundred day moving average is $312.52. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. During the same period last year, the firm posted $0.06 earnings per share. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. Analysts expect that CrowdStrike will post 0.49 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on CRWD shares. Evercore ISI boosted their target price on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Monday, November 4th. Truist Financial increased their price target on shares of CrowdStrike from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Monday, November 18th. Cantor Fitzgerald boosted their target price on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Monday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty-nine have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $340.82.

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the sale, the insider now owns 174,591 shares in the company, valued at $45,521,111.43. The trade was a 2.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the completion of the transaction, the director now directly owns 821,766 shares of the company’s stock, valued at $263,277,391.08. This represents a 0.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 108,248 shares of company stock valued at $32,465,110 over the last three months. Company insiders own 4.34% of the company’s stock.

About CrowdStrike

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.