In a report released today, Gur Talpaz from Stifel Nicolaus maintained a Buy rating on CrowdStrike Holdings (CRWD), with a price target of $165.00. The company’s shares closed last Monday at $146.75, close to its 52-week high of $153.90.
According to TipRanks.com, Talpaz is a 5-star analyst with an average return of 25.2% and a 69.0% success rate. Talpaz covers the Technology sector, focusing on stocks such as Palo Alto Networks, Varonis Systems, and NortonLifeLock.
CrowdStrike Holdings has an analyst consensus of Strong Buy, with a price target consensus of $158.32, representing a 7.9% upside. In a report issued on October 5, Goldman Sachs also upgraded the stock to Buy with a $176.00 price target.
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Based on CrowdStrike Holdings’ latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $199 million and GAAP net loss of $29.87 million. In comparison, last year the company earned revenue of $108 million and had a GAAP net loss of $51.89 million.
Based on the recent corporate insider activity of 220 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRWD in relation to earlier this year.
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CrowdStrike Holdings, Inc. operates as a holding company. It provides cloud-delivered solution for next-generation endpoint protection that offers cloud modules on its Falcon platform through SaaS subscription-based model. The company was founded by George P. Kurtz and Dmitri Alperovitch on November 7, 2011 and is headquartered in Sunnyvale, CA.
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