Summary:
- CrowdStrike Holdings (CRWD, Financial) shows resilience against the S&P 500 despite recent declines.
- Analysts project a significant drop in quarterly earnings, yet maintain optimistic long-term price targets.
- Current Zacks Rank suggests potential for underperformance despite brokerage firms' "Outperform" recommendation.
CrowdStrike Holdings Inc. (CRWD) has seen only a modest 0.1% drop in its share price over the past month, a stark contrast to the S&P 500's more substantial 7.7% decline. While analysts are predicting a year-over-year decrease in quarterly earnings by 30.1%, bringing earnings per share to $0.65, the company continues to beat expectations with revenue and earnings surprises. However, its current Zacks Rank #4 highlights concerns of potential underperformance.
Wall Street Analysts Forecast
According to the price targets provided by 44 analysts, the average target for CrowdStrike Holdings Inc (CRWD, Financial) is set at $403.30, with extremes ranging from a high of $475.00 to a low of $185.00. This average target indicates a promising upside potential of 24.08% from the current trading price of $325.04. For a more comprehensive view, visit the CrowdStrike Holdings Inc (CRWD) Forecast page.
The consensus from 51 brokerage firms maintains an average recommendation of 2.0 for CrowdStrike Holdings Inc (CRWD, Financial), aligned with an "Outperform" status. The rating scale spans from 1 to 5, where 1 is a Strong Buy and 5 denotes Sell.
GuruFocus estimates place the one-year GF Value for CrowdStrike Holdings Inc (CRWD, Financial) at $440.42, signaling a potential upside of 35.5% from the current price of $325.04. This GF Value is GuruFocus's calculated fair value, based on historical trading multiples, past business growth, and future performance projections. For more detailed insights, check out the CrowdStrike Holdings Inc (CRWD) Summary page.
