CRWD CrowdStrike Holdings, Inc.

BULLISH Impact: 5/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-CRWD-mizuho-20260427
Mizuho double upgrade: Neutral → Outperform
Latest settled — T+20d ⚠ clustered
CRWD ▲ +47.72% at T+20d
LONG call ✓ call won +47.72% · α vs SPY +42.76% · entry $454.61 → $671.55
Next anchor: T+60d in 6w
Last close $658.79 (close Jun 8) · +44.91% from $454.61 entry
Entry anchored
Apr 24, 04:36 PM ET
via Databento tick
T+1d
+0.08%
call +0.08% · α +0.57%
$454.99
settled 6w ago
T+5d
+3.22%
call +3.22% · α +2.82%
$469.24
settled 5w ago
T+20d
+47.72%
call +47.72% · α +42.76%
$671.55
settled 15d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Mizuho upgraded NVIDIA from Neutral to Outperform with a new price target of $520, representing 16% upside from current levels of $448.13. The firm's 52% accuracy rate (1,150/2,227 calls) is below the top-tier average of 67–100% across 15 firms covering the stock. Consensus remains bullish: 80% Buy/Strong Buy (46 of 51 analysts), with a mean PT of $491 and median of $499. Analyst momentum is strong: 3 upgrades in the past 30 days, including Keybanc and Wolfe Research. EPS estimates are flat near-term but show long-term growth, while insider selling by executives (>$1.5M) contrasts with institutional inflows from Norges Bank and Two Sigma. Short interest remains elevated at 59.0% of float. Earnings due June 1, 2026.

Impact Score

Base Score
3/7
LLM Adjustment
+2
Final Score
5/10

Consensus & Targets

Buy / Strong Buy
46 (75%)
Hold
14
Sell / Strong Sell
1
Total Analysts
51
Mean PT
$491.14
Median PT
$499.00
High PT
$706.00
Low PT
$368.00
Current Price
$448.13
Implied Upside
+9.6%

Of 51 analysts, 80% rate NVIDIA a Buy or Strong Buy (13 Strong Buy, 33 Buy), 14 Hold, and 1 Sell. The consensus direction is strongly bullish, with no recent downgrades. Mizuho’s upgrade brings it in line with the prevailing positive bias, though the call is not contrarian.

The consensus price target mean is $491.14 and median is $499, with a high of $706 and low of $368. At $448.13, the stock trades 9.6% below the mean target. Mizuho’s $520 PT is above both mean (+5.9%) and median (+4.2%), indicating a relatively optimistic stance within the bullish consensus.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-27 Mizuho upgrade Outperform $520.00
2026-04-21 Keybanc upgrade Overweight $525.00
2026-03-30 Wolfe Research upgrade Outperform $450.00
2026-03-17 RBC Capital reiterate Outperform $550.00
2026-03-10 Morgan Stanley upgrade Overweight $510.00
2026-03-05 Citigroup maintain Buy $525.00
2026-03-04 DA Davidson maintain Buy $455.00
2026-03-04 Macquarie maintain Neutral $400.00
2026-03-04 Evercore ISI Group maintain In-Line $395.00
2026-03-04 BNP Paribas maintain Neutral $400.00

In the past 30 days, 3 analysts upgraded NVIDIA (Mizuho, Keybanc, Wolfe Research), 0 downgraded. EPS revisions show slight downward pressure: in the last 30 days, 17 revisions down vs 18 up for current year, and 19 down vs 15 up for next quarter. Despite stable long-term growth outlook, near-term estimate momentum is neutral-to-slightly negative.

Firm Track Record — Mizuho

Mizuho accuracy: 52% on 2227 calls | avg return: 4.7%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
B of A Securities 100% 3/3 4.8% top tier
Evercore ISI Group 88% 7/8 8% top tier
Bernstein 83% 5/6 15.9% top tier
Citigroup 80% 4/5 9.3% top tier
WestPark Capital 78% 7/9 11.6% top tier
Jefferies 78% 7/9 15.7% top tier
Piper Sandler 73% 8/11 3.7% top tier
Wedbush 69% 9/13 13.1% top tier
UBS 67% 4/6 8.6% top tier
BMO Capital 67% 6/9 8.2% top tier

Mizuho has a 52% accuracy rate (1,150 correct out of 2,227 rated calls), below the average accuracy of top-tier firms covering NVIDIA, which range from 62% to 100%. B of A Securities leads with 100% (3/3), followed by Evercore ISI (88%, 7/8) and Bernstein (83%, 5/6). Mizuho underperforms this group, though its average return of 4.7% is in line with sector norms.

Earnings Estimates

Next earnings: Jun 1, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $1.07 $1.05 — $1.08 $1.4B ↑0 ↓0
+1q $1.16 $1.03 — $1.21 $1.4B ↑0 ↓0
0y $4.85 $4.76 — $5.00 $5.9B ↑0 ↓0
+1y $6.17 $5.60 — $7.74 $7.2B ↑0 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 5 sells
Congressional
Gilbert Cisneros (democrat) — buy $1,001 - $15,000
Institutional
TWO SIGMA INVESTMENTS, LP — doubled (576.4%)
Institutional
NORGES BANK — new
Institutional
NORGES BANK — exit (-100%)
Short Interest
Short: 790,122 | Exempt: 1,071 | TRF Vol: 1,339,104 | Short Ratio: 59.0% | Off-exchange volume (dark pool + OTC)

Insider activity shows heavy selling: George Kurtz and Anurag Saha sold over $1.5M in shares between April 17–22. Conversely, institutional activity turned positive: Norges Bank established a $1.6B position twice after an exit, and Two Sigma increased holdings by 576% before a near-exit. Congressional buys (Cisneros, $15K) and 59.0% short interest suggest retail and speculative interest remain high. Insider selling diverges from analyst upgrades and institutional accumulation.

Actionable Insight

Despite insider selling, strong institutional re-entry and sustained analyst upgrade momentum support the bullish case. Mizuho’s double upgrade from a low-accuracy firm is less impactful, but the $520 PT aligns with other top targets. Position for pre-earnings upside into June 1 report, particularly if short squeeze conditions persist.

Documents Analyzed

Report based on filing metadata.

32 reports for CRWD
Performance horizon
50% Hit rate 2 of 4 directional calls best @ T+5▲ +8.04%Mar 23, 2026
Filters
Rows
Reports for CRWD — sortable, filterable
Type Now
Jun 10, 2026
today
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
Jun 6, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$696.74 awaiting T+1awaiting T+1$658.79 (−5.45%)
Jun 6, 2026
4d ago
144
NEUTRAL ★ 2/10
$696.74 awaiting T+1awaiting T+1$658.79 (−5.45%)
Jun 5, 2026
4d ago
144
NEUTRAL ★ 3/10
$680.05 awaiting T+1awaiting T+1$658.79 (−3.13%)
Jun 3, 2026
6d ago
Insider Cluster
NEUTRAL ★ 2/10
$719.09 $671.02▼ −6.68%▼ −4.11%$658.79 (−8.39%)
Jun 3, 2026
6d ago
Insider Cluster
NEUTRAL ★ 2/10
$719.09 $671.02▼ −6.68%▼ −4.11%$658.79 (−8.39%)
Jun 3, 2026
6d ago
8-K
BULLISH ★ 7/10
$719.09 $671.02▼ −6.68%▼ −4.11%$658.79 (−8.39%)
May 31, 2026
9d ago
ANALYST-UPGRADE
MIXED ★ 2/10
$380.06 $390.41▲ +2.72%▼ −0.17%$658.79 (+73.34%)
May 30, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$782.17 $768.95▼ −1.69%▼ −1.84%$658.79 (−15.77%)
May 28, 2026
13d ago
Insider Cluster
NEUTRAL ★ 2/10
$671.00 $731.00▲ +8.94%▲ +8.70%$658.79 (−1.82%)
Showing 10 of 32

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