- CrowdStrike announces ambitious $10 billion annual revenue goal and a $1 billion share buyback plan.
- Despite strategic announcements, stock experiences a decline due to unmet revenue expectations.
- Analyst consensus suggests an "Outperform" rating, but stock price targets imply potential downside.
CrowdStrike Holdings Inc. (CRWD) recently unveiled a strategic roadmap to reach $10 billion in annual recurring revenue alongside a robust $1 billion share repurchase program. However, the company's stock took a hit as its first-quarter revenue figures and future financial guidance failed to align with market expectations.
Analyst Price Targets and Recommendations
The latest data from 45 analysts provides an average one-year price target for CrowdStrike at $419.36, with projections ranging from a high of $550.00 to a low of $185.00. This average target suggests a potential downside of 14.20% from the current stock price of $488.76. For more in-depth target insights, visit the CrowdStrike Holdings Inc (CRWD, Financial) Forecast page.
Further, the consensus from 53 brokerage firms rates CrowdStrike with an average recommendation of 2.1, indicating an "Outperform" stance. This rating is part of a scale where 1 signifies a Strong Buy and 5 denotes a Sell.
GuruFocus Valuation Analysis
The GF Value analysis by GuruFocus estimates CrowdStrike's fair value in one year at $454.39, implying a downside potential of 7.03% from the current price of $488.76. The GF Value is a proprietary metric that considers the historical trading multiples of the stock, past business growth, and anticipated future performance. For detailed valuation metrics, explore the CrowdStrike Holdings Inc (CRWD, Financial) Summary page.
