CrowdStrike Stock Plummets 13.42% in Two Days, Trading Volume Ranks Second Highest

CrowdStrike Holdings Inc (CRWD) experienced a significant decline, with its stock price dropping by 7.42% on April 4, marking the second consecutive day of losses, totaling a 13.42% decrease over the past two days. The trading volume reached 3,790,188 shares, which is 86.6% of the average daily volume of 4,375,370 shares.

CrowdStrike Holdings Inc's stock price fell to an intraday low of $310.31 before recovering slightly to $320.39, down from its previous close of $347.38. This places CRWD 29.68% below its 52-week high of $455.59 and 59.55% above its 52-week low of $200.81.

Wall Street analysts have provided a range of price targets for CrowdStrike Holdings Inc, with an average target price of $403.30. This target implies an upside of 25.88% from the current price of $320.39. The high estimate is $475.00, while the low estimate is $185.00. The consensus recommendation from 51 brokerage firms indicates an "Outperform" status, with an average brokerage recommendation of 2.0 on a scale where 1 signifies Strong Buy and 5 denotes Sell.

GuruFocus estimates the GF Value for CrowdStrike Holdings Inc in one year to be $440.42, suggesting an upside of 37.46% from the current price. GF Value is an estimate of the fair value at which the stock should be traded, calculated based on historical multiples, past business growth, and future estimates of the business' performance.