Crowdstrike (NASDAQ:CRWD) updated its FY 2020 earnings guidance on Thursday. The company provided EPS guidance of $-0.72–0.7 for the period. The company issued revenue guidance of $430.2-436.4 million, compared to the consensus revenue estimate of $408.03 million.Crowdstrike also updated its Q2 guidance to (0.24)-(0.23) EPS.
CRWD has been the topic of several research analyst reports. Barclays boosted their target price on shares of from $65.00 to $100.00 and gave the stock an overweight rating in a research report on Friday. Needham & Company LLC reissued a buy rating and set a $155.00 target price (up previously from $142.00) on shares of Danaher in a research report on Friday. Oppenheimer set a $176.00 target price on shares of Jazz Pharmaceuticals and gave the stock a buy rating in a research report on Monday, July 8th. Credit Suisse Group reissued a hold rating on shares of FactSet Research Systems in a research report on Monday, July 8th. Finally, Bank of America reissued a sell rating on shares of Deutsche Bank in a research report on Monday, July 8th. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $84.47.
NASDAQ:CRWD opened at $83.52 on Friday. Crowdstrike has a twelve month low of $56.00 and a twelve month high of $85.85.
In other Crowdstrike news, Director Sameer K. Gandhi acquired 650,000 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were acquired at an average cost of $34.00 per share, with a total value of $22,100,000.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Capitalg Lp acquired 140,000 shares of the company’s stock in a transaction dated Friday, June 14th. The stock was acquired at an average cost of $34.00 per share, for a total transaction of $4,760,000.00. The disclosure for this purchase can be found here.
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