CRWD

Needham Maintains CrowdStrike Holdings, Inc. (CRWD) Buy Recommendation

Fintel reports that on April 5, 2023, Needham maintained coverage of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) with a Buy recommendation.

Analyst Price Forecast Suggests 37.87% Upside

As of March 30, 2023, the average one-year price target for CrowdStrike Holdings, Inc. is $176.19. The forecasts range from a low of $126.25 to a high of $404.25. The average price target represents an increase of 37.87% from its latest reported closing price of $127.80.

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 34.66%. The projected annual non-GAAP EPS is $2.03.

What are Other Shareholders Doing?

CRWD / CrowdStrike Holdings, Inc. Class A Shares Held by Institutions

Seven Post Investment Office holds 26K shares representing 0.01% ownership of the company. No change in the last quarter.

PGOFX - Pioneer Select Mid Cap Growth Fund : holds 124K shares representing 0.05% ownership of the company. In it's prior filing, the firm reported owning 127K shares, representing a decrease of 2.19%. The firm decreased its portfolio allocation in CRWD by 34.76% over the last quarter.

SCHX - Schwab U.S. Large-Cap ETF holds 179K shares representing 0.08% ownership of the company. In it's prior filing, the firm reported owning 172K shares, representing an increase of 4.29%. The firm decreased its portfolio allocation in CRWD by 37.22% over the last quarter.

Tocqueville Asset Management holds 43K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 43K shares, representing a decrease of 0.96%. The firm decreased its portfolio allocation in CRWD by 41.03% over the last quarter.

Alliancebernstein holds 183K shares representing 0.08% ownership of the company. In it's prior filing, the firm reported owning 198K shares, representing a decrease of 8.00%. The firm decreased its portfolio allocation in CRWD by 53.01% over the last quarter.

What is the Fund Sentiment?

There are 1665 funds or institutions reporting positions in CrowdStrike Holdings, Inc.. This is a decrease of 75 owner(s) or 4.31% in the last quarter. Average portfolio weight of all funds dedicated to CRWD is 0.36%, a decrease of 30.33%. Total shares owned by institutions decreased in the last three months by 1.58% to 181,203K shares. CRWD / CrowdStrike Holdings, Inc. Class A Put/Call Ratios The put/call ratio of CRWD is 0.94, indicating a bullish outlook.

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.

See all CrowdStrike Holdings, Inc. regulatory filings.

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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