Crowdstrike Holdings Inc [CRWD] stock Initiated by Bernstein analyst, price target now $334

Crowdstrike Holdings Inc [NASDAQ: CRWD] closed the trading session at $300.28. The company report on January 17, 2024 at 9:00 AM that CrowdStrike Falcon Platform Recognized by Global Governments for its Compliance with Leading Information Security Standards.

Successful completion of IRAP and TISAX assessments brings industry-leading protection to the Australian Government and European automotive supply chain.

CrowdStrike (Nasdaq: CRWD) today announced that it has successfully completed the IRAP and TISAX assessments, the latest in a series of certifications of governments and industry associations around the world that expand access and accelerate the adoption of the AI-native CrowdStrike Falcon® XDR Platform. These latest achievements bring the industry’s leading protection to more organizations across the Australian government and the European automotive supply chain.

The stocks have a year to date performance of 17.61 percent and weekly performance of 8.69 percent. The stock has been moved at 98.94 percent over the last six months. The stock has performed 16.70 percent around the most recent 30 days and changed 67.68 percent over the most recent 3-months.

If compared to the average trading volume of 3.13M shares, CRWD reached to a volume of 3806007 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Crowdstrike Holdings Inc [CRWD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRWD shares is $289.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRWD stock is a recommendation set at 1.35. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Bernstein have made an estimate for Crowdstrike Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 18, 2024.

The Average True Range (ATR) for Crowdstrike Holdings Inc is set at 8.40, with the Price to Sales ratio for CRWD stock in the period of the last 12 months amounting to 25.33. The Price to Book ratio for the last quarter was 35.54, with the Price to Cash per share for the same quarter was set at 13.18. Price to Free Cash Flow for CRWD in the course of the last twelve months was 83.26 with Quick ratio for the last quarter at 1.65.

CRWD stock trade performance evaluation

Crowdstrike Holdings Inc [CRWD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.69. With this latest performance, CRWD shares gained by 16.70% in over the last four-week period, additionally plugging by 98.94% over the last 6 months – not to mention a rise of 182.48% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRWD stock in for the last two-week period is set at 76.06, with the RSI for the last a single of trading hit 77.07, and the three-weeks RSI is set at 75.49 for Crowdstrike Holdings Inc [CRWD]. The present Moving Average for the last 50 days of trading for this stock 247.18, while it was recorded at 293.97 for the last single week of trading, and 177.50 for the last 200 days.

Crowdstrike Holdings Inc [CRWD]: An insightful look at the core fundamentals

Crowdstrike Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.65 and a Current Ratio set at 1.65.

Earnings per share (EPS) analysis for Crowdstrike Holdings Inc [CRWD] stock

With the latest financial reports released by the company, Crowdstrike Holdings Inc posted 0.47/share EPS, while the average EPS was predicted by analysts to be reported at 0.43/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CRWD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Crowdstrike Holdings Inc go to 41.73%.

Crowdstrike Holdings Inc [CRWD]: Institutional Ownership

The top three institutional holders of CRWD stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in CRWD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in CRWD stock with ownership which is approximately 5.8325%.