What 47 Analyst Ratings Have To Say About CrowdStrike Holdings
Portfolio Pulse from Benzinga Insights
CrowdStrike Holdings (NASDAQ:CRWD) has received 47 analyst ratings in the past three months, with a mix of bullish and bearish sentiments. The average 12-month price target has decreased by 9.72% to $348.02. Several analysts have lowered their price targets, reflecting changing market conditions and company performance. Despite this, CrowdStrike shows strong revenue growth and profitability, though its return on equity lags behind industry averages.
August 19, 2024 | 9:01 pm
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CrowdStrike Holdings has received mixed analyst ratings, with a notable decrease in the average price target by 9.72% to $348.02. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Despite strong revenue growth and profitability, the company's return on equity is below industry averages.
The decrease in the average price target and the number of analysts lowering their ratings suggest a negative short-term impact on CRWD's stock price. Despite strong revenue growth, the adjustments reflect concerns over market conditions and company performance, particularly in return on equity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100