CrowdStrike Holdings (CRWD) PT Raised to $335 at Jefferies Into Eearnings

'The Crowd is Getting Better': CrowdStrike (CRWD) Falls Despite Topping Estimates as Strong Results Likely Priced In, Analysts Raise PTs on 'Another Strong Quarter'

Shares of CrowdStrike (NASDAQ: CRWD) are down over 3% in pre-open Wednesday despite the fact that the cybersecurity company delivered stronger-than-expected results and guidance.

CrowdStrike reported Q2 EPS of $0.11 to beat the analyst estimate of $0.09. Revenue for the quarter came in at $337.7 million versus the consensus estimate of $323.13 million.

"CrowdStrike delivered an outstanding second quarter with rapid subscription revenue growth and record net new ARR generated in the quarter. We saw strength in multiple areas of the business, added $151 million in net new ARR and grew ending ARR 70% year-over-year to exceed $1.34... More

CrowdStrike (CRWD) Gains as 5 Research Firms Raise PTs Ahead of Earnings

Shares of CrowdStrike (NASDAQ: CRWD) are up about 2% today after at least 5 research firms raised their price targets on the stock ahead of tomorrow's earnings report.

Barclays, RBC, Needham, Jefferies, and BofA all pushed their price targets above the $300 handle on expectations CRWD will deliver better-than-expected results.

Needham analyst Alex Henderson raised the price target to $335.00 per share from $277.00 as he expects the company to deliver a strong report despite high expectations.

The... More

CrowdStrike Holdings (CRWD) PT Raised to $315 at BofA Securities

BofA Securities analyst Tal Liani raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $315.00 (from $285.00) while maintaining a Buy rating ahead of earnings on 8/31. The firm sees a strong quarter.

CrowdStrike Holdings (CRWD) PT Raised to 'Street High' $335 at Needham & Company

Needham & Company analyst Alex Henderson raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to a "Street High" $335.00 (from $277.00) while maintaining a Buy rating.

The analyst commented, "Calling CRWD's move post print is challenging. The setup looks strong as Crowd should... More

CrowdStrike Holdings (CRWD) PT Raised to $300 at RBC Capital

RBC Capital analyst Matthew Hedberg raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $300.00 (from $259.00) while maintaining a Outperform rating.... More

CrowdStrike Holdings (CRWD) PT Raised to $320 at Barclays

Barclays analyst Saket Kalia raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $320.00 (from $240.00) while maintaining a Overweight rating.... More

CrowdStrike (CRWD) Shares Outperform Nasdaq, Up 3.2%

CrowdStrike (NASDAQ: CRWD) Shares Outperform Nasdaq, Up 3.2%