CRWD

DA Davidson Reiterates Crowdstrike Holdings Inc - (CRWD) Buy Recommendation

Fintel reports that on September 28, 2023, DA Davidson reiterated coverage of Crowdstrike Holdings Inc - (NASDAQ:CRWD) with a Buy recommendation.

Analyst Price Forecast Suggests 13.40% Upside

As of August 31, 2023, the average one-year price target for Crowdstrike Holdings Inc - is 184.89. The forecasts range from a low of 129.28 to a high of $246.75. The average price target represents an increase of 13.40% from its latest reported closing price of 163.04.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Crowdstrike Holdings Inc - is 3,018MM, an increase of 14.21%. The projected annual non-GAAP EPS is 2.03.

What is the Fund Sentiment?

There are 1648 funds or institutions reporting positions in Crowdstrike Holdings Inc -. This is a decrease of 44 owner(s) or 2.60% in the last quarter. Average portfolio weight of all funds dedicated to CRWD is 0.40%, a decrease of 11.88%. Total shares owned by institutions increased in the last three months by 0.96% to 173,411K shares. CRWD / Crowdstrike Holdings Inc - Class A Put/Call Ratios The put/call ratio of CRWD is 1.10, indicating a bearish outlook.

What are Other Shareholders Doing?

CRWD / Crowdstrike Holdings Inc - Class A Shares Held by Institutions

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 6,649K shares representing 2.78% ownership of the company. In it's prior filing, the firm reported owning 6,754K shares, representing a decrease of 1.57%. The firm decreased its portfolio allocation in CRWD by 2.80% over the last quarter.

Voya Investment Management holds 5,311K shares representing 2.22% ownership of the company. In it's prior filing, the firm reported owning 4,769K shares, representing an increase of 10.21%. The firm increased its portfolio allocation in CRWD by 12.66% over the last quarter.

T. Rowe Price Investment Management holds 5,069K shares representing 2.12% ownership of the company. In it's prior filing, the firm reported owning 3,739K shares, representing an increase of 26.24%. The firm increased its portfolio allocation in CRWD by 37.82% over the last quarter.

Jennison Associates holds 4,823K shares representing 2.02% ownership of the company. In it's prior filing, the firm reported owning 4,869K shares, representing a decrease of 0.96%. The firm decreased its portfolio allocation in CRWD by 5.71% over the last quarter.

Jpmorgan Chase holds 4,010K shares representing 1.68% ownership of the company. In it's prior filing, the firm reported owning 3,693K shares, representing an increase of 7.91%. The firm increased its portfolio allocation in CRWD by 725.40% over the last quarter.

Crowdstrike Holdings Background Information
(This description is provided by the company.)

Crowdstrike Holdings Inc. provides cloud-delivered endpoint and cloud workload protection. Leveraging artificial intelligence (AI), the CrowdStrike Falcon® platform protects customers against cyberattacks on endpoints on or off the network by offering visibility and protection across the enterprise.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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