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

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

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

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

CrowdStrike Holdings (CRWD) PT Raised to $295 at Barclays

August 29, 2024 3:46 AM EDT

Barclays analyst Saket Kalia raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $295.00 (from $285.00) while maintaining a Overweight rating.... More

After-hours movers: NVIDIA, Affirm, Salesforce and more

August 28, 2024 4:57 PM EDT

After-Hours Stock Movers:

NVIDIA (NASDAQ: NVDA) shares were choppy after the AI juggernaut published second quarter results and guidance, and announced a $50 billion buyback plan. Management said anticipation for Blackwell was "incredible." The stock was down... More

CrowdStrike stock rises after better-than-feared results

August 28, 2024 4:27 PM EDT

CrowdStrike Holdings (NASDAQ: CRWD) reported better-than-expected second-quarter results, with the cybersecurity firm's stock rising 2% in after-hours trading on Tuesday.


The company posted adjusted earnings per share of $1.04, surpassing analyst estimates of $0.97. Revenue for the quarter reached $963.9 million, exceeding the consensus forecast of $958.32 million and marking a 32%... More

CrowdStrike cuts forecasts as Windows outage weighs on new deals

August 28, 2024 4:09 PM EDT

By Jaspreet Singh

(Reuters) - Cybersecurity firm CrowdStrike cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the environment would remain challenging for about a year.

The outage disrupted internet services, affecting 8.5 million Microsoft Windows devices and causing mass flight cancellations.

CEO George Kurtz said the incident delayed some of the company's deals into subsequent quarters, but the majority remain "in the pipeline".

Analysts expected the reputational hit... More

CrowdStrike Holdings Inc. (CRWD) Tops Q2 EPS by 7c, Beats on Revenue; Offers FY Guidance

August 28, 2024 4:09 PM EDT

CrowdStrike Holdings Inc. (NASDAQ: CRWD) reported Q2 EPS of $1.04, $0.07 better than the analyst estimate of $0.97. Revenue for the quarter came in at $963.9 million versus the consensus estimate of $958.32 million.

GUIDANCE:

CrowdStrike Holdings Inc. sees FY2025 EPS of $3.61-$3.65, versus the... More

CrowdStrike Holdings Inc. (CRWD) call put ratio 1 call to 1 put into quarter results

August 28, 2024 11:03 AM EDT

CrowdStrike Holdings Inc. (NASDAQ: CRWD) August weekly call option implied volatility is at 161, September is at 64; compared to its 52-week range of 29 to 74 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1 put.

... More

CrowdStrike earnings preview: Guide down post outage likely BofA analysts say

August 28, 2024 9:00 AM EDT

CrowdStrike (NASDAQ: CRWD) is set to report its second-quarter earnings for fiscal 2025 after the market closes on Wednesday, the company's first quarterly release since a software update caused a global outage, with investors keen to assess the impact of the incident.

Analysts are forecasting a revenue increase to $957.56 million, up from $731.63 million in the same quarter last year, according to consensus estimates from Visible Alpha.

Net income is expected to rise to $49.31 million, or 19 cents per share, which would mark a notable improvement from... More

CrowdStrike Holdings Inc. (CRWD) call put ratio 1.4 calls to 1 put into quarter results

August 28, 2024 4:54 AM EDT

CrowdStrike Holdings Inc. (NASDAQ: CRWD) August 30 weekly 270 straddle priced for a move of 10% into the expected release of quarter results after the bell on August 28.

... More

CrowdStrike (CRWD) Aims to Secure the Future of Generative AI Innovation in Collaboration with NVIDIA

August 27, 2024 3:43 PM EDT

CrowdStrike (NASDAQ: CRWD) today announced it is providing additional safeguards for NVIDIA NIM Agent Blueprints with the AI-native... More

CrowdStrike Holdings Inc. (CRWD) call put ratio 1.5 calls to 1 put into quarter results

August 27, 2024 10:45 AM EDT

CrowdStrike Holdings Inc. (NASDAQ: CRWD) August weekly call option implied volatility is at 131, September is at 62; compared to its 52-week range of 29 to 74 into the expected release of quarter results after the bell on August 28. Call put ratio 1.5 calls to 1 put.

... More

CrowdStrike earnings to shed light on fallout from global Windows outage

August 27, 2024 6:23 AM EDT

By Jaspreet Singh

(Reuters) - CrowdStrike's results on Wednesday will offer a first look at the financial implications of the global cyber outage that paralyzed Microsoft Windows operating system last month, with investors keen to understand the impact on the cybersecurity firm's reputation and whether it has led to potential market share losses to rivals.

The July 19 outage was caused by a faulty software update from CrowdStrike that disrupted internet services globally, leaving thousands of people stranded at airports after mass flight cancellations and causing broadcasters to go off-air, while sectors such as banking to healthcare were also hit... More

Citi Reiterates Buy Rating on CrowdStrike Holdings (CRWD)

August 27, 2024 5:00 AM EDT

Citi analyst Fatima Boolani reiterated a Buy rating and $300.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "Following-on recent conversations with legal experts regarding CRWDs financial and litigation ramifications post-outage, we hosted NYU Law Professor Chris Sprigman to deepen our... More