Why Wall Street Is Hiking CrowdStrike Price Targets Ahead Of Earnings Report

Blockhead11-22 22:44

Four Wall Street brokerages on Friday upped their price targets on CrowdStrike Holdings (CRWD) ahead of the cybersecurity firm's third quarter earnings report on Nov. 26. CrowdStrike stock has gained ...

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CrowdStrike stock has gained ...</p>\n\n<a href=\"https://www.investors.com/news/technology/crowdstrike-stock-crwd-price-target-hikes-earnings/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Wall Street Is Hiking CrowdStrike Price Targets Ahead Of Earnings Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Wall Street Is Hiking CrowdStrike Price Targets Ahead Of Earnings Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/crowdstrike-stock-crwd-price-target-hikes-earnings/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Four Wall Street brokerages on Friday upped their price targets on CrowdStrike Holdings (CRWD) ahead of the cybersecurity firm's third quarter earnings report on Nov. 26. CrowdStrike stock has gained ...</p>\n\n<a href=\"https://www.investors.com/news/technology/crowdstrike-stock-crwd-price-target-hikes-earnings/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0198837287.USD","symbol_name":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","start_time":0,"source_url":"https://www.investors.com/news/technology/crowdstrike-stock-crwd-price-target-hikes-earnings/","article_id":"2485264607","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2019/09/stock-CrowdStrike-02-shutter-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485264607","pubTimestamp":1732286683,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"CrowdStrike stock has gained 40% in 2024 as shares rebound from a global IT outage in July. CrowdStrike earnings are due Nov. 26.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","PANW":"Palo Alto Networks","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","S":"SentinelOne, Inc","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","BK4560":"网络安全概念","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","CRWD":"CrowdStrike Holdings, Inc.","LU0757359954.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD) INC MF","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","MSFT":"微软","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","ARR.AU":"American Rare Earths Ltd","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","ARR":"ARMOUR住宅房地产公司","DAL":"达美航空","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU1564329628.SGD":"Blackrock Dynamic High Income A2 SGD-H","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","DAL.AU":"DALAROO METALS LTD","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC"},"translate_title":"为什么华尔街在收益报告前提高CrowdStrike的价格目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARR.AU":1,"MSFT":1,"PANW":1,"S":1,"DAL.AU":1,"DAL":1,"CRWD":1,"ARR":1},"content_text":"Four Wall Street brokerages on Friday upped their price targets on CrowdStrike Holdings (CRWD) ahead of the cybersecurity firm's third quarter earnings report on Nov. 26. CrowdStrike stock has gained 40% in 2024 as shares rebound from a global IT outage in July.\nJPMorgan, KeyBanc Capital Markets, Jefferies and Baird hiked CrowdStrike stock price targets on Friday. RBC Capital, Truist, Barclay and Morgan Stanley upped their price targets earlier in the week.\n\n\n\n↑\nX\n\n\n\n\nSmall Caps Jump As Breadth Strengthens; Amphenol, DECK, FTI In Focus\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nSmall Caps Jump As Breadth Strengthens; Amphenol, DECK, FTI In Focus\n\n\n\n\nCrowdStrike Stock: ARR Key Metric To Watch\nThe key financial metric for investors heading into the CrowdStrike earnings report will be subscription-based annual recurring revenue (ARR). Analysts polled by FactSet estimate ARR of $4.01 billion for Q3, up 27% from a year earlier and 4% from the June quarter.\n\"We believe CrowdStrike is capable of growing ARR in the mid-20s% over the medium term,\" said KeyBanc Capital analyst Eric Heath in a report.\n\n\n\n↑\nX\n\n\n\n\nHow To Buy Stocks: IBD's Four Pillars Of Investing\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nHow To Buy Stocks: IBD's Four Pillars Of Investing\n\n\n\n\nAmid the IT outage, analysts expected lower growth for \"net new\" ARR because of delays in signing contracts and expectations that many customers will seek price discounts when renewing contracts to help cover the cost of business disruptions.\nCrowdStrike's negotiations with customers over pricing concessions are expected to play out through 2025 and perhaps beyond.\nJefferies analyst Joseph Gallo said in a report: \"The biggest question for CRWD this quarter is will investors even care about Q3/Q4 potential softness as long as the long-term ARR trajectory remains on course. We believe the next major catalyst for shares remains opening fiscal 2026 guidance, which will not be provided until March.\"\nHe added: \"For fiscal 2026, consensus ARR of $5.1B implies growth of 21% year-over-year versus 23% in fiscal 2025.\"\nOn the stock market today, CrowdStrike stock rose a fraction to 359.99 in morning trades.\n$1 Billion In Quarterly Revenue In Sight\nCrowdStrike earnings for the October quarter are expected to fall 1% to 81 cents with revenue rising 25% to $983 million. The company is on track to report over $1 billion in revenue for the first time in the January quarter.\nWhen reporting July quarter financial results, CrowdStrike cut guidance due to the global IT outage, caused by a faulty software update. CrowdStrike's software update required access to Microsoft's operating system. The two companies have been cooperating to prevent future incidents.\nDelta Air Lines (DAL), which took a one-time, 45-cent hit to September quarter earnings tied to the IT outage, has sued CrowdStrike seeking reimbursement for damages.\n\nFurther, CrowdStrike competes with Palo Alto Networks (PANW), SentinelOne (S), Microsoft (MSFT) and others in the \"endpoint\" market. Endpoint security tools detect malware on laptops, mobile phones and other devices that access corporate networks.\nAlso, CrowdStrike is building a broad, threat-detection cybersecurity platform called XDR, or extended detection and response. It monitors endpoints as well as web/email gateways, web application firewalls and cloud business workloads.\nMeanwhile, CRWD stock is among cybersecurity stocks to watch.\nFollow Reinhardt Krause on Twitter @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.\nYOU MAY ALSO LIKE:\nLearn The Best Trading Rules At Investor's Corner\nWant To Trade Options? Try Out These Strategies\nMonitor IBD's \"Breaking Out Today\" List For Companies Hitting New Buy Points\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485264607"}