CRWD CrowdStrike Holdings, Inc.

MIXED Impact: 3/10 ANALYST-UPGRADE
Processed 13d 13h ago SEC analyst-CRWD-mizuho-20260427
Mizuho double upgrade: Neutral → Outperform
Latest settled — T+20d ⚠ clustered
CRWD ▲ +47.72% at T+20d
NEUTRAL call ✓ call won +47.72% · α vs SPY +42.79% · 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 +42.79%
$671.55
settled 15d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Mizuho double-upgraded CrowdStrike to Outperform from Neutral on April 27, while raising its price target to $520 from $490 (a +6.1% increase). The new target sits below CRWD's current price of $671.55, implying 22.6% downside from here. The consensus is heavily bullish — 79% of analysts rate the stock Buy/Strong Buy — but the mean price target of $538.76 and median of $510 are both well below the market. Mizuho's accuracy on 2,227 calls is 52% (average return +4.7%), placing it in the middle of the coverage peer group. Over the past 30 days, no other analyst has upgraded or downgraded CRWD, while EPS revisions for the current quarter are nearly balanced (17 up, 18 down). Insider selling by CEO George Kurtz and Sameer Gandhi in late May (totaling ~$488k) provides a modest headwind to the bullish call, while short interest remains elevated at 56.5% of float. The bottom line: the upgrade signals improved fundamental conviction, but the below-market price target and ongoing insider sales suggest limited near-term upside for a stock already trading above consensus estimates.

Impact Score

Base Score
2/7
LLM Adjustment
+1
Final Score
3/10

Consensus & Targets

Buy / Strong Buy
49 (79%)
Hold
12
Sell / Strong Sell
1
Total Analysts
51
Mean PT
$538.76
Median PT
$510.00
High PT
$764.00
Low PT
$368.00
Current Price
$671.55
Implied Upside
-19.8%

The consensus on CRWD is strongly bullish: 49 of 62 analysts (79%) rate the stock Buy or Strong Buy (13 strong buy, 36 buy), 12 hold, 1 sell, and 0 strong sell. The direction is firmly positive, with only a single sell-side dissent.

The mean analyst price target is $538.76, median $510, with a high of $764 and a low of $368. At $671.55, CRWD trades 24.5% above the mean target and 31.7% above the median. Mizuho's $520 target is slightly above the median but 22.6% below the current price, placing it on the lower end of the consensus range.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-05-27 Wedbush maintain Outperform $700.00
2026-05-26 BTIG maintain Buy $764.00
2026-05-21 Wells Fargo maintain Overweight $700.00
2026-05-20 Morgan Stanley maintain Overweight $610.00
2026-05-20 Cantor Fitzgerald maintain Overweight $700.00
2026-05-20 Stifel maintain Buy $660.00
2026-05-19 Truist Securities maintain Buy $650.00
2026-05-19 TD Cowen maintain Buy $625.00
2026-05-19 Barclays maintain Overweight $650.00
2026-05-18 Keybanc maintain Overweight $700.00

Over the past 30 days, there have been zero upgrades and zero downgrades for CRWD from any firm. EPS revisions for the current quarter are nearly balanced (17 up, 18 down in the last 30 days), and the current-quarter consensus estimate has drifted only slightly from $1.06745 to $1.06706. The lack of directional momentum in both ratings and estimates suggests a period of analyst indecision.

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 on 2,227 analyst calls, generating an average return of +4.7%. Among firms covering CRWD, top performers include B of A Securities (100% on 3 calls), Evercore ISI Group (88% on 8), and Bernstein (83% on 6). Mizuho's record is below these top-tier firms, though its average return is in line with the peer median.

Earnings Estimates

Next earnings: Jun 1, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $1.07 $1.05 — $1.08 $1.4B ↑0 ↓0
0y $4.85 $4.76 — $5.00 $5.9B ↑1 ↓0
+1q $1.16 $1.10 — $1.21 $1.4B ↑0 ↓0
+1y $6.16 $5.60 — $7.74 $7.2B ↑0 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 5 sells
Congressional
Gilbert Cisneros (democrat) — sell $1,001 - $15,000
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: 824,517 | Exempt: 6,263 | TRF Vol: 1,460,480 | Short Ratio: 56.5% | Off-exchange volume (dark pool + OTC)

Insider trades show selling by CEO George Kurtz and Sameer Gandhi on May 20-21, totaling approximately $488k — a minor headwind that partially offsets the upgrade's bullish signal. Congressional activity is minimal (Rep. Cisneros bought $1k-$15k in March, sold same range in April). Institutional filings reveal large moves: Two Sigma nearly exited a 96% position after previously doubling, while Norges Bank entered and then exited. Short interest stands at 56.5% of float, a high level that could amplify any upside breakout. Overall, the cross-platform signals are mixed, with insider sales and institutional churn diverging from the upgrade.

Actionable Insight

The upgrade is a positive sentiment shift, but the below-market price target and mixed cross-platform signals (insider selling, high short interest, institutional exits) argue for caution. Traders should treat this as a tactical upgrade rather than a strong buy signal — the stock's premium to consensus means a catalyst is needed to sustain the rally.

Documents Analyzed

Report based on filing metadata.

32 reports for CRWD
Performance horizon
60% Hit rate 3 of 5 directional calls best @ T+20▲ +47.72%Apr 27, 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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