Analyst issues rare Strong Sell rating with $370 price target before earnings for CrowdStrike.
From Nasdaq: 2025-05-29 07:15:00
CrowdStrike Holdings Inc. (NASDAQ: CRWD) is set to report earnings on June 3. Despite generally bullish sentiment, one analyst firm issued a rare Strong Sell rating with a $370 price target, signaling a potential 20% drop from the stock’s price on May 28. This downgrade comes as the company’s momentum may be stalling.
Interest in CrowdStrike before earnings is high due to the growth potential in the cybersecurity sector. The company’s Falcon Platform has driven significant topline growth by offering multiple security features through one platform, though revenue growth has been slowing. CrowdStrike expects its annual recurring revenue to improve from the previous year.
Short-term traders are showing bearish sentiment towards CrowdStrike, with high volume Put options indicating a potential decline in stock price after earnings. However, long-term investors may see a dip as an opportunity to buy, as CrowdStrike has been one of the best-performing cybersecurity and technology stocks in 2025, with the potential for a rally in the future.
Read more at Nasdaq:: CrowdStrike Stock Slips: Analyst Downgrades Before Earnings
