CrowdStrike Drops 5.73% Despite Bullish Analyst Sentiment

On April 3, 2025, CrowdStrike Holdings experienced a 5.73% drop in pre-market trading.

Wall Street analysts remain optimistic about CrowdStrike's future prospects, with a consensus "Strong Buy" rating from 46 analysts covering the stock. This bullish sentiment is driven by the company's strong performance and growth potential.

Despite a significant outage in July 2024, CrowdStrike's stock price soared to an all-time high. Analysts continue to see upside potential for the stock, even after a recent drop of approximately 7.5%.

Eric Heath, a top analyst from KeyBanc, maintains a strong buy rating for CrowdStrike, although he has lowered the price target from $480.00 to $450.00. This adjustment reflects a cautious outlook while still acknowledging the stock's growth potential.