Latest news with #CrowdStrikeHoldings
Yahoo
21 hours ago
- Business
- Yahoo
BMO Lifts CrowdStrike (CRWD) Price Target to $500, Cites Long-Term Growth Strength
We recently published a list of . In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other buzzing AI stocks on latest news and ratings. On June 4th, BMO Capital raised the firm's price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $500 from $405 and kept an 'Outperform' rating on the shares. Firm analysts cited CrowdStrike's 'solid if unspectacular' quarterly performance and comprehensive security portfolio as reasons behind the rating affirmation. The analysts also told investors in a research note how the company boasts one of the most comprehensive and effective security portfolios. Security personnel at their consoles, monitoring a global network of threats in real-time. Analysts also added that they are optimistic about the company's ability to sustain 20% top-line growth into fiscal year 2027. This growth projection aligns with its current revenue growth of 26% and projected 21% growth for the next fiscal year. Moreover, CrowdStrike's customer commitment packages anniversary is expected to boost annual recurring revenue growth in the second half of fiscal year 2026. Even though the analysts acknowledge the stock's high valuation, they are optimistic about its future performance. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. Overall, CRWD ranks 8th on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
Why CrowdStrike Holdings, Inc. (CRWD) Crashed On Wednesday
We recently published a list of . In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other worst-performing stocks on Wednesday. CrowdStrike saw its share price decline by 5.77 percent to close at $460.56 each as investors sold off positions following its disappointing earnings performance in the first quarter of fiscal year 2026. In a statement, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) swung to an attributable net loss of $110 million from a $42.8-million attributable net income in the same period last year. Security personnel at their consoles, monitoring a global network of threats in real-time. Revenues increased by 19.76 percent to $1.1 billion from $921 million registered year-on-year. For the second quarter, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) said it expects to hit between $1.144 billion and $1.151 billion in revenues, and earnings per share of $0.82 to $0.84 cents. For the full-year period, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is targeting between $4.7 billion and $4.8 billion in revenues, and $3.44 to $3.56 in earnings per share. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
BMO Lifts CrowdStrike (CRWD) Price Target to $500, Cites Long-Term Growth Strength
We recently published a list of . In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other buzzing AI stocks on latest news and ratings. On June 4th, BMO Capital raised the firm's price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $500 from $405 and kept an 'Outperform' rating on the shares. Firm analysts cited CrowdStrike's 'solid if unspectacular' quarterly performance and comprehensive security portfolio as reasons behind the rating affirmation. The analysts also told investors in a research note how the company boasts one of the most comprehensive and effective security portfolios. Security personnel at their consoles, monitoring a global network of threats in real-time. Analysts also added that they are optimistic about the company's ability to sustain 20% top-line growth into fiscal year 2027. This growth projection aligns with its current revenue growth of 26% and projected 21% growth for the next fiscal year. Moreover, CrowdStrike's customer commitment packages anniversary is expected to boost annual recurring revenue growth in the second half of fiscal year 2026. Even though the analysts acknowledge the stock's high valuation, they are optimistic about its future performance. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. Overall, CRWD ranks 8th on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
CrowdStrike (CRWD) Price Target Raised to $515 as AI Cybersecurity Demand Soars
We recently published a list of . In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other AI stocks on Wall Street's radar. On June 2nd, Rosenblatt analyst Catherine Trebnick raised the price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) to $515.00 (from $450.00) while maintaining a 'Buy' rating. The price target revision reflects the firm's optimism about Crowdstrike's future financial outlook. According to the analysts, the growing trend toward IT consolidation is improving Crowdstrike's performance. Annual recurring revenue (ARR) and revenue growth are anticipated to align with market estimates, projecting a 21% and 20% increase, respectively. The firm further noted how businesses, despite being careful with spending, are choosing Crowdstrike for its comprehensive AI-powered security solutions. Security personnel at their consoles, monitoring a global network of threats in real-time. Crowdstrike's Q1 report is anticipated today, June 3rd, with analysts estimating an 'inline to marginally better quarter, fueled by the persistent IT consolidation trend.' The firm also noted how its increased target multiple on the shares is backed by the 31% expansion in cybersecurity sector multiples over the past two months, as well as optimism in Crowdstrike's 'strong execution and broad platform tailored to the key IT consolidation trend.' CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
4 days ago
- Business
- Yahoo
Is CrowdStrike (CRWD) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about CrowdStrike Holdings (CRWD). CrowdStrike currently has an average brokerage recommendation (ABR) of 1.66, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 47 brokerage firms. An ABR of 1.66 approximates between Strong Buy and Buy. Of the 47 recommendations that derive the current ABR, 32 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 68.1% and 6.4% of all recommendations. Check price target & stock forecast for CrowdStrike here>>>While the ABR calls for buying CrowdStrike, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. Looking at the earnings estimate revisions for CrowdStrike, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.44. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for CrowdStrike. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for CrowdStrike. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CrowdStrike (CRWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
