Form 8-K CrowdStrike Holdings, For: Aug 28

Go back to Form 8-K CrowdStrike Holdings, For: Aug 28

CrowdStrike Holdings (CRWD) PT Lowered to $335 at RBC Capital

August 29, 2024 7:09 AM EDT

RBC Capital analyst Matthew Hedberg lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $335.00 (from $345.00) while maintaining a Outperform rating.

The analyst comments "We thought the quarter was better-than-expected, though the focus was on the outlook, which points to some... More

CrowdStrike Holdings (CRWD) PT Lowered to $350 at Cantor Fitzgerald

August 29, 2024 6:31 AM EDT

Cantor Fitzgerald analyst Jonathan Ruykhaver lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $350.00 (from $400.00) while maintaining a Overweight rating.

The analyst comments "Investment Summary. We reiterate our Overweight rating and reduce our 12-month price target to $350 from $400; we continue to... More

Goldman Sachs Reiterates Buy Rating on CrowdStrike Holdings (CRWD)

August 29, 2024 6:28 AM EDT

Goldman Sachs analyst Gabriela Borges reiterated a Buy rating and $295.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "Guidance sizes outage headwinds; early commentary suggests temporary not structural slowdown. CrowdStrike reported a surprising solid 2QFY and provided detail on its... More

CrowdStrike Holdings (CRWD) PT Lowered to $365 at Oppenheimer

August 29, 2024 5:53 AM EDT

Oppenheimer analyst Ittai Kidron lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $365.00 (from $450.00) while maintaining a Outperform rating.

The analyst comments "CrowdStrike reported better than feared 2Q results, beating estimates and delivering 11% NNARR growth despite dealing with the impact of... More

Evercore ISI Reiterates Outperform Rating on CrowdStrike Holdings (CRWD)

August 29, 2024 5:35 AM EDT

Evercore ISI analyst Peter Levine reiterated an Outperform rating and $325.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "The F2Q results were never up for debate, and as expected, exceeded expectations, despite the limited impact (9 days) of the outage. Although the initial after-market reaction suggested that the 2H outlook was better than feared and likely enough to avoid further downward revisions, were not completely convinced of that, and the call left us with more questions than answers. Mgmt stated that they do not anticipate any significant impact on... More

CrowdStrike Holdings (CRWD) PT Raised to $310 at DA Davidson

August 29, 2024 5:30 AM EDT

DA Davidson analyst Rudy Kessinger raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $310.00 (from $290.00) while maintaining a Buy rating.

The analyst comments "CRWD delivered strong FQ2 results, with ARR (+32% Y/Y) beating cons. & NNARR growing +11% Y/Y despite... More

BTIG Reiterates Neutral Rating on CrowdStrike Holdings (CRWD)

August 29, 2024 5:28 AM EDT

BTIG analyst Gray Powell reiterated a Neutral rating on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "CRWD posted better-than-expected FQ2 results but the updated outlook for FY25 was reduced by more than we expected. To go into details, CRWD reported FQ2 ARR of $3,865MM / +31.9% y/y vs our estimates of $3,842MM / 31.1% and the Street at $3,846MM. Net ARR additions were $218MM vs the street at $199MM and our $195MM estimate. However,... More

Guggenheim Reiterates Neutral Rating on CrowdStrike Holdings (CRWD)

August 29, 2024 5:09 AM EDT

Guggenheim analyst John DiFucci reiterated a Neutral rating on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "CrowdStrikes F2Q25 results were better than consensus estimates, though fallout from the July 19 IT outage will have lasting effects over the next year. CrowdStrike appears to have dealt with a very serious issue for its customers responsibly, but it still is a very serious issue, and its effects will not likely be... More