CrowdStrike Holdings, Inc. (NASDAQ: CRWD) continues to sit at the center of three powerful themes on December 9, 2025: cybersecurity, artificial intelligence and cloud infrastructure. The stock is back above the $520 mark after a volatile reaction to its latest earnings report, while Wall Street keeps raising price targets even as some traders warn about stretched valuations.
Below is a full rundown of where the stock stands today, what just happened in Q3, and how major analysts and institutions see CrowdStrike heading into 2026.
Where CrowdStrike Stock Trades Today
In early afternoon trading on December 9, 2025, CrowdStrike shares change hands around $520–521 per share. StockAnalysis data shows an intraday high of $529.90 and a low of $511.73, with the previous close at $515.19. [1]
Over the last few weeks, CRWD has:
- Gained roughly 1% today versus yesterday’s close. [2]
- Traded in a 12‑month range between about $298 and $566.90, according to MarketBeat. [3]
- Delivered about +49% year‑to‑date total return, per TradingView’s performance snapshot. [4]
With a market capitalization of roughly $129–130 billion and trailing 12‑month revenue of $3.95 billion, CrowdStrike trades at over 32× sales — one of the richer valuations in large‑cap cybersecurity. [5]
Q3 2025: Strong Growth, Raised Guidance, But GAAP Profit Still Thin
CrowdStrike’s latest reported quarter (Q3 calendar 2025) is the anchor for almost all current analyst commentary:
Key figures from Q3 CY2025 (per StockStory and MarketBeat): [6]
- Revenue: $1.23 billion
- ~22% year‑on‑year growth
- Slight beat vs analyst consensus of ~$1.22 billion
- Adjusted EPS: $0.96
- Ahead of estimates at $0.94
- Adjusted operating income: $264.6 million, ~21.4% margin, slightly above expectations
- Annual Recurring Revenue (ARR): $4.92 billion
- ~22.5% YoY growth
- Billings: $1.46 billion, up ~31.4% YoY
Guidance and outlook: [7]
- Q4 CY2025 revenue guidance: ~$1.30 billion at the midpoint (roughly in line with estimates).
- Full‑year adjusted EPS guidance: raised to approximately $3.71 at the midpoint.
- MarketBeat notes management has issued FY2026 EPS guidance of $3.70–3.72 and Q4 FY2026 EPS guidance of $1.09–1.11. [8]
However, GAAP profitability remains thin:
- TradingView data shows full‑year net income of around –$19 million on ~$3.95 billion in revenue, with basic EPS (TTM) at –$1.26. [9]
- StockStory estimates operating margin at –5.6%, roughly flat versus last year. [10]
That mix — strong subscription growth, excellent ARR momentum, but still small GAAP losses — is exactly what’s driving the split between bullish growth investors and more cautious valuation‑focused traders.
AI and Cloud: New Partnerships and Product Launches
Much of the current bull case is tied to CrowdStrike’s push to be the “AI‑native security platform” of choice for enterprises.
Google Cloud: Inaugural Unified Security Recommended Partner
On November 13, 2025, CrowdStrike announced it was named one of three inaugural partners in Google Cloud’s Unified Security Recommended program, and the only endpoint technology selected. [11]
Key points from that announcement:
- Google highlights deep integrations between CrowdStrike Falcon, Google Security Operations, Google Threat Intelligence, and Chrome Enterprise.
- The collaboration is designed to unify endpoint, identity, cloud and data protection across hybrid and multi‑cloud environments.
- The partnership also extends into AI security, tying into Google’s Model Context Protocol (MCP) to help secure the AI lifecycle. [12]
For investors, this reinforces the idea that CrowdStrike is a strategic partner to hyperscalers, not just another point solution.
Falcon for XIoT: Extending into Industrial and OT Security
On November 5, 2025, CrowdStrike introduced new Falcon® for XIoT innovations focused on operational technology (OT) and extended Internet of Things (XIoT): [13]
- Zero‑touch XIoT discovery: automatically identifies industrial assets across segmented networks without extra sensors or intrusive scans.
- Segmentation visibility: real‑time view of device‑to‑device communications to spot segmentation violations and lateral‑movement risks.
- Unified view in Falcon: industrial asset and vulnerability data pulled into a single interface for security teams.
This expands CrowdStrike’s reach beyond traditional IT endpoints into factories, utilities, and critical infrastructure — markets that typically carry longer contracts and high switching costs.
AWS, NVIDIA and Agentic AI
While we can’t see the full text of the press release due to access limits, CrowdStrike’s investor relations site and recent coverage highlight an expanded global cybersecurity startup accelerator with AWS and NVIDIA, aimed at cloud and agentic AI innovations. [14]
Combined with recent blog posts on Falcon Next‑Gen SIEM, AI‑driven security automation (“Charlotte Agentic SOAR”), and Falcon Data Protection for Cloud, the product roadmap clearly leans into: [15]
- Consolidating multiple security tools onto the Falcon platform
- Tight cloud‑native integrations (especially with AWS)
- AI agents embedded in SOC workflows, not just AI chatbots
Analysts generally see these moves as strengthening CrowdStrike’s competitive moat — but they also require heavy R&D and go‑to‑market investment, which is why GAAP profits have lagged revenue growth.
What Wall Street Is Saying on December 9, 2025
Broadly, sell‑side research remains bullish on CRWD, but with more nuance about valuation and risk than in prior years.
Fresh Target Hikes: Goldman, Needham, BMO, Argus
GuruFocus summarizes a wave of December target increases: [16]
- Goldman Sachs: Buy; target raised from $535 to $564.
- Needham: Buy; target raised from $535 to $575.
- BTIG: Buy; target maintained at $640.
- JPMorgan: Overweight; target nudged from $580 to $582.
- Rosenblatt: Buy; target steady at $630.
- BMO Capital: Outperform; target hiked from $500 to $555.
Separately, Argus lifted its target from $540 to $600 (Buy), implying roughly 17% upside at the time of that report, and MarketBeat notes a “Moderate Buy” consensus with an average target around $556. [17]
GuruFocus aggregates 48 analysts with an average 12‑month price target near $531, a high of $706 and a low of $185 — a very wide uncertainty band. That average implies only low‑single‑digit upside from recent prices and an overall “Outperform” stance. [18]
Forecast Models: Modest Upside, High Growth Assumptions
Simply Wall St’s fundamental model projects: [19]
- Revenue rising to about $7.9 billion by 2028
- Earnings reaching ~$691 million by 2028
- This requires ~22% annual revenue growth and a swing from a current loss of roughly –$297 million to substantial profitability.
Based on those inputs, they estimate a fair value around $533 per share — only about 4% above recent prices, suggesting the stock is close to fully valued under optimistic growth assumptions.
Diverging Opinions: “Unstoppable AI Stock” vs “Overvalued Winner”
Recent headlines encapsulate the debate:
- Motley Fool pieces such as “Is CrowdStrike Stock a Buying Opportunity for 2026?” and “Up 200% in 5 Years, Should You Buy This Unstoppable AI Stock Heading Into 2026?” frame CrowdStrike as a long‑term AI beneficiary with durable competitive advantages and strong customer retention. [20]
- Another Fool article — “CrowdStrike Reports Strong Results. But Shares Are Overvalued.” — and a Seeking Alpha piece titled “CrowdStrike’s AI Reality Check” lean toward caution, arguing the price already discounts years of high growth and rapid AI monetization. [21]
Overall, the consensus rating is positive, but many recent notes explicitly acknowledge that valuation risk is real, especially if revenue growth ever decelerates into the mid‑teens.
Short‑Term Trading Signals: Bulls vs Bears
Beyond long‑term fundamentals, short‑term traders are drawing very different conclusions from the same chart.
Economies.com: Bullish as Long as Key Support Holds
A December 9 note at Economies.com describes CrowdStrike as “trying to regain footing” after recent volatility. Their technical view: [22]
- Price is supported by a medium‑term ascending trendline.
- As long as the stock remains above key support (they highlight levels around recent swing lows), they expect a renewed move toward resistance near the 52‑week high (~$566.90).
- Their daily forecast is bullish for today’s session.
DailyForex: “Time to Sell After Earnings?”
In sharp contrast, DailyForex published a bearish trading signal on December 9 titled “CrowdStrike (CRWD) Stock Signal: Time to Sell After Earnings?” [23]
Their case combines fundamentals and chart analysis:
- Short idea: enter a short between $508.32 and $520.30, referencing the recent trading range.
- They highlight that while Q3 beat expectations, operating margins contracted, and GAAP net loss to common shareholders more than doubled compared with the prior year. [24]
- DailyForex flags a trailing P/E ratio above 400 (on an adjusted basis) versus about 35 for the Nasdaq‑100, calling CRWD “significantly overvalued” even compared with other AI‑linked names. [25]
- On the chart, they see price inside a bearish price channel, with bearish volumes outweighing bullish trading following earnings. [26]
TradingView Sentiment: Neutral Indicators, Mixed Ideas
TradingView’s automated summary currently reads “Neutral” for CRWD’s technical indicators. [27] However, user‑generated trade ideas are mostly bullish, pointing to: [28]
- Cup‑and‑handle and flat‑top breakout setups in the $515–540 zone
- Resistance bands around $535–$542
- Upside momentum targets in the mid‑$530s if the breakout holds
For short‑term traders, this all adds up to a high‑beta name with divided opinions: some see a consolidation before another leg higher; others view this as a chance to fade a post‑earnings bounce.
Institutional Flows and Insider Activity
Big Money Buying
Two new December 9 MarketBeat filings show continued institutional interest: [29]
- State Street Corp increased its stake by 3.6% in Q2, now holding about 10.8 million shares (~4.33% of the company) valued around $5.5 billion at the time of filing.
- Goldstream Capital Management boosted its position by 18.4%, to 22,154 shares worth roughly $11.3 million, making CRWD 3.7% of its portfolio and its 7th‑largest holding.
MarketBeat and QuiverQuant both note that institutional investors and hedge funds own roughly 71% of the float, underscoring CRWD’s status as a core holding in many tech and AI‑focused portfolios. [30]
QuiverQuant also tracks 1,093 institutions adding shares vs 857 trimming in their most recent quarter and highlights substantial additions from UBS Asset Management and Price T Rowe, offset by reductions at Morgan Stanley and others. [31]
Insider Selling Into Strength
At the same time, insiders have been net sellers:
- MarketBeat tallies 118,122 shares sold (~$60 million) in the last quarter by insiders including CEO George Kurtz and director Denis O’Leary, with insiders now owning around 3.3% of the company. [32]
- TradingView notes that O’Leary sold 7,750 shares for about $4 million on December 8, 2025, leaving him with ~83,000 shares. [33]
Insider selling at these valuations is not unusual for long‑tenured executives with sizable equity stakes, but it does reinforce the narrative that management is willing to take some chips off the table after a strong multi‑year run.
Valuation Snapshot: Growth Premium With Narrow Margin of Safety
Putting it all together, today’s valuation looks like this:
- Market cap: ~$129–130 billion [34]
- TTM revenue: ~$3.95 billion [35]
- Price‑to‑sales (TTM): ≈ 32–33×
- Net income (FY): roughly –$19 million; negative GAAP EPS around –$1.26. [36]
- Analyst average 12‑month target:
- Model‑based fair value estimates:
In other words, most quantitative models currently see CRWD as roughly fairly valued, with low‑ to mid‑single‑digit upside over the next year — assuming the company hits its aggressive growth and margin expansion targets.
Key Risks Highlighted in Recent Analysis
Recent research and commentary surface a consistent set of risks:
- Execution Risk on AI & Platform Strategy
- Simply Wall St points out that the investment case assumes CrowdStrike can deliver ~22% annual revenue growth and nearly $1 billion in incremental earnings by 2028. Failure to convert AI and cloud partnerships into GAAP profits would undermine many valuation models. [41]
- Valuation Compression
- DailyForex and several Motley Fool writers emphasize that the stock trades at much higher multiples than both the Nasdaq and many other security names, leaving little cushion if growth slows or the market rotates away from high‑multiple tech. [42]
- Competition in Cloud Security
- Articles comparing CrowdStrike with peers like Zscaler, SentinelOne and Palo Alto Networks highlight an increasingly crowded space in cloud workload, identity and SIEM. CrowdStrike’s strategy hinges on convincing customers to consolidate spend on Falcon rather than running multiple overlapping tools. [43]
- History of Operational Outages
- Insider Monkey characterizes CrowdStrike as “reaccelerating from last year’s outage,” a reminder that operational missteps (such as large platform outages) can temporarily dent growth and reputation in mission‑critical security. [44]
- Macro and Rate Sensitivity
- With a beta around 1.5, TradingView data show CRWD is more volatile than the broader market, meaning tightening financial conditions or risk‑off episodes could disproportionately impact the stock. [45]
What to Watch Heading Into 2026
Based on Q3 results and the latest analyst commentary, several catalysts will likely drive the stock into 2026:
- Adoption of Falcon Flex and new modules
Analysts are closely watching how well the Falcon Flex licensing model and new AI‑driven modules (Next‑Gen SIEM, XIoT, data protection) convert into incremental ARR and higher net retention. [46] - Depth of Google Cloud and AWS integrations
The Google Unified Security partnership and deeper AWS collaborations could accelerate large‑deal wins — or raise multi‑cloud concerns if customers fear lock‑in, as raised by analysts on the Q3 earnings call. [47] - Progress toward sustainably positive GAAP earnings
Many valuation skeptics will be watching whether operating leverage materializes as revenue scales toward $5–8 billion, or whether heavy AI and cloud investments keep margins depressed. - Institutional positioning and insider trades
With over 70% institutional ownership and ongoing insider selling, shifts in 13F filings or a pause in insider activity could signal changing confidence levels. [48]
Bottom Line
As of December 9, 2025, CrowdStrike stock sits in a delicate but powerful position:
- The company is delivering robust 20%+ revenue growth, record ARR and deepening AI‑centric cloud partnerships with Google, AWS and NVIDIA. [49]
- Wall Street’s average price targets have drifted only slightly above the current share price, reflecting respect for the business but cautious views on valuation. [50]
- Short‑term technical and trading signals are split, with some models calling for a bullish continuation and others flagging a high‑risk short set‑up after earnings. [51]
For investors and traders following CRWD, the key question going into 2026 is less “Is this a good company?” — the market largely agrees it is — and more:
Does CrowdStrike’s current share price still leave enough room for upside if growth, AI monetization and margin expansion play out slightly below perfection?
As always, this article is for informational purposes only and does not constitute investment advice. Anyone considering an investment in CrowdStrike should evaluate their own risk tolerance, time horizon, and portfolio needs, and consult a qualified financial adviser if necessary.
References
1. stockanalysis.com, 2. stockanalysis.com, 3. www.marketbeat.com, 4. www.tradingview.com, 5. www.tradingview.com, 6. stockstory.org, 7. stockstory.org, 8. www.marketbeat.com, 9. www.tradingview.com, 10. stockstory.org, 11. www.crowdstrike.com, 12. www.crowdstrike.com, 13. www.crowdstrike.com, 14. ir.crowdstrike.com, 15. www.crowdstrike.com, 16. www.gurufocus.com, 17. www.marketbeat.com, 18. www.gurufocus.com, 19. simplywall.st, 20. stockanalysis.com, 21. stockanalysis.com, 22. www.economies.com, 23. www.dailyforex.com, 24. www.dailyforex.com, 25. www.dailyforex.com, 26. www.dailyforex.com, 27. www.tradingview.com, 28. www.tradingview.com, 29. www.marketbeat.com, 30. www.marketbeat.com, 31. www.quiverquant.com, 32. www.marketbeat.com, 33. www.tradingview.com, 34. stockstory.org, 35. www.tradingview.com, 36. www.tradingview.com, 37. www.gurufocus.com, 38. www.marketbeat.com, 39. www.gurufocus.com, 40. simplywall.st, 41. simplywall.st, 42. www.dailyforex.com, 43. stockanalysis.com, 44. www.insidermonkey.com, 45. www.tradingview.com, 46. stockstory.org, 47. www.crowdstrike.com, 48. www.marketbeat.com, 49. stockstory.org, 50. www.gurufocus.com, 51. www.economies.com
