BMO Capital Downgrades CrowdStrike Holdings to Outperform, PT $460 from $500.

BMO Capital Downgrades CrowdStrike Holdings to Outperform, PT $460 from $500.

BMO Capital Markets has revised its price target on CrowdStrike Holdings (NASDAQ:CRWD) to $460, down from its previous target of $500. The investment bank maintains an Outperform rating on the cybersecurity company. This adjustment comes ahead of CrowdStrike's upcoming earnings report, scheduled for August 27, 2025.

The downgrade reflects BMO's concerns about potential guidance for the second half of fiscal year 2026. The bank believes that CrowdStrike would need to grow its Annual Recurring Revenue (ARR) and revenues by at least 22-23% year-over-year in fiscal year 2027 to drive significant share price appreciation. BMO's revised target reflects their view that this level of growth is not part of their base case scenario for the cybersecurity provider [3].

Despite the price target reduction, BMO maintains a positive outlook on CrowdStrike's performance, citing mostly positive feedback from channel partners regarding the company's July quarter. The bank noted successful promotion of Falcon Flex deals and Next-Gen SIEM solutions. However, the upcoming earnings report is critical for the company, as it will provide further insights into its financial health and growth prospects [3].

Other analysts have also weighed in on CrowdStrike's stock. Stifel has reiterated its Buy rating with a price target of $495, indicating confidence in the company’s performance. Meanwhile, Evercore ISI has lowered its price target to $425 and added CrowdStrike to its tactical underperform list, suggesting that the upcoming earnings report is crucial for the company. Guggenheim maintains a Neutral rating, expecting CrowdStrike to meet consensus estimates for total revenue [3].

Institutional investors and hedge funds have been actively buying and selling shares of CrowdStrike. British Columbia Investment Management Corp grew its holdings in CrowdStrike by 5.7% in the first quarter, according to its most recent 13F filing. The firm owned 47,105 shares of the company's stock after acquiring an additional 2,543 shares during the period. Other large investors, such as Cloud Capital Management LLC and Atlantic Edge Private Wealth Management LLC, have also recently bought and sold shares of CrowdStrike [1].

CrowdStrike's stock has seen a mixed reaction from analysts. Goldman Sachs, BMO Capital Markets, Stephens, Wedbush, and Scotiabank have all raised their price targets on the stock, with a consensus rating of "Moderate Buy" and an average target price of $460.81 [1]. Despite the recent insider selling, which included significant transactions by Director Roxanne S. Austin and President Michael Sentonas, totaling over $19 million in sales of CrowdStrike stock, the company's stock remains popular among institutional investors [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-british-columbia-investment-management-corp-has-1661-million-position-in-crowdstrike-crwd-2025-08-24/
[2] https://www.marketscreener.com/news/bmo-capital-adjusts-pt-on-crowdstrike-holdings-to-460-from-500-maintains-outperform-rating-ce7c50dbd08cf22d
[3] https://www.investing.com/news/analyst-ratings/crowdstrike-stock-price-target-lowered-to-460-at-bmo-on-growth-concerns-93CH-4208410