Robert W. Baird analyst Shrenik Kothari has maintained their neutral stance on CRWD stock, giving a Hold rating on February 20.
Shrenik Kothari’s rating is based on several factors influencing CrowdStrike Holdings’ current and future performance. The company reported strong fourth-quarter results, exceeding consensus expectations in revenue and earnings per share. However, the outlook for fiscal year 2026 is mixed, with anticipated challenges in the first half due to the roll-off of the Customer Commitment Package (CCP) program, which is expected to impact net new annual recurring revenue (ARR) growth and margins.
Despite these short-term headwinds, the second half of fiscal year 2026 and fiscal year 2027 show promise with expected acceleration in ARR as one-time incentives phase out and FalconFlex gains momentum. Additionally, CrowdStrike’s identity and next-generation SIEM products continue to scale significantly, and cloud security is experiencing robust growth. While the company is well-positioned for long-term consolidation, the current valuation has led to a more cautious stance, resulting in a Hold rating.
Based on the recent corporate insider activity of 113 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRWD in relation to earlier this year.