CrowdStrike (CRWD) Stock on November 29, 2025: Analyst Upgrades, Big Money Flows and AI Deals Ahead of Q3 Earnings

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) heads into the final days of November with its share price hovering around the $509 mark and a market value near $128 billion, after a strong run powered by artificial intelligence (AI) demand and big wins in next‑generation security. ^[1]

On November 29, 2025, a flurry of fresh analyst notes, institutional ownership disclosures and long‑term outlook pieces hit the tape, giving investors plenty to digest ahead of CrowdStrike’s upcoming fiscal Q3 2026 earnings report on December 2.

Below is a detailed, news‑driven look at CrowdStrike stock as of November 29, 2025, and what today’s headlines may mean for CRWD in the weeks ahead.

1. CrowdStrike stock snapshot: price, performance and valuation

Last close (Nov. 28, 2025): Around $509 per share, with roughly 1.0 million shares changing hands in the shortened Black Friday session. TS2 Tech
Market capitalization: About $127–128 billion. ^[2]
52‑week range: Roughly $298 (low) to $567 (high), leaving shares trading not far below their recent peak. ^[3]
Recent performance: Despite an ~8% pullback over the past month, CRWD is still up roughly mid‑40s percent year‑to‑date, with a multi‑year total return well into triple digits, according to valuation research from Simply Wall St. ^[4]

Valuation remains rich:

Simply Wall St estimates a fair value around $452 per share, implying the stock is trading about 12–13% above its intrinsic value on a discounted cash flow basis. ^[5]
The same analysis pegs CrowdStrike’s price‑to‑sales ratio near 29x, versus a peer average around 12–13x in U.S. software, highlighting a substantial premium to the sector. ^[6]

In other words, CrowdStrike is priced as a high‑growth, high‑quality leader—leaving little room for operational missteps.

2. What’s new on November 29, 2025?

2.1 DA Davidson lifts price target to $580 ahead of Q3

A widely shared note today highlights that DA Davidson has raised its price target on CrowdStrike to $580 and reiterated a Buy rating, positioning CRWD as one of the AI‑linked cybersecurity names to watch ahead of earnings. ^[7]

The firm points to:

Expectations for a “beat‑and‑raise” quarter.
Continued strength in AI‑driven products.
Momentum from the Falcon Flex subscription model and newer modules beyond endpoint security.

That $580 target implies double‑digit upside from current levels and sits well above the Street’s average target.

2.2 “Analysts stay positive” – but enthusiasm isn’t unanimous

A separate article syndicated via InsiderMonkey and Finviz today underscores that Wall Street sentiment remains skewed bullish on CRWD ahead of fiscal Q3 2026. ^[8]

Key themes:

Analysts expect solid net new annual recurring revenue (ARR) growth to continue.
The focus is shifting to LogScale (next‑gen SIEM) and identity security as independent growth engines, not just add‑ons to endpoint protection. ^[9]
At the same time, commentary stresses that CrowdStrike’s rich valuation means the company must meaningfully out‑execute guidance to keep the stock moving higher.

On the more cautious side, Evercore ISI today reiterated an “In Line” rating and a $430 price target, well below the current share price, signaling that not every firm is comfortable with the current multiple. ^[10]

2.3 Long‑term view: “Where will CrowdStrike be in 5 years?”

Nasdaq today republished a Motley Fool piece titled “Where Will CrowdStrike Be in 5 Years?” which argues that AI‑driven cyber threats and expanding partnerships could unlock substantial upside over a multi‑year horizon. ^[11]

The article highlights:

Growing demand for smarter, AI‑native protection as attacks become more automated.
New partnerships with Google Cloud, EY and CoreWeave, which deepen CrowdStrike’s reach across cloud, consulting and AI infrastructure ecosystems. ^[12]
The view that CrowdStrike is positioned as a central “security brain” for the modern enterprise—an argument commonly used to justify its premium valuation.

2.4 Fresh recap of Friday’s trading and AI/SIEM momentum

A same‑day analysis piece from TS2 Tech takes a closer look at how CRWD traded on November 28, when the stock closed a little above $509, outperforming the broader market on light holiday volume. TS2 Tech

That recap frames Friday’s move as investors:

Positioning for next week’s earnings.
Reacting to a wave of analyst target hikes.
Re‑rating the stock based on momentum in Falcon Flex, AI security and next‑gen SIEM.

3. Earnings preview: fiscal Q3 2026 is the next big catalyst

CrowdStrike is scheduled to report its fiscal Q3 2026 results after the market close on Tuesday, December 2, 2025, with a conference call at 5:00 p.m. ET. ^[13]

3.1 What management has guided

From the company’s prior update and MarketBeat’s earnings preview:

Q3 FY26 revenue guidance:
$1.208–$1.218 billion, implying 20–21% year‑over‑year growth. ^[14]
Q3 FY26 EPS guidance (non‑GAAP):
$0.93–$0.95 per share. ^[15]
FY26 EPS guidance:$3.60–$3.72. ^[16]

3.2 What Wall Street expects

Analysts are clustered near the high end of guidance:

Consensus Q3 EPS: around $0.94. ^[17]
Consensus Q3 revenue: roughly $1.21 billion, also near the top of the company’s range. ^[18]

Zacks and other preview pieces note that the consensus EPS estimate has remained stable over the past month, suggesting that analysts already adjusted for known headwinds and tailwinds. ^[19]

3.3 Track record: high bar after eight straight beats

CrowdStrike has:

Beaten revenue and earnings estimates in each of the last eight quarters, according to TipRanks’ overview. ^[20]
Most recently reported EPS of $0.93 vs. $0.83 expected and revenue of $1.17 billion (up ~21% YoY), though net margin remained negative at about ‑6.8% and return on equity around ‑1.5%. ^[21]

Given that backdrop—and today’s price around $509—commentary from TipRanks and MarketBeat suggests that investors may demand more than just an “in‑line” quarter. A clear beat plus an upbeat outlook for ARR, LogScale and Falcon Flex may be needed to justify current multiples. ^[22]

4. Analyst ratings and price targets as of November 29, 2025

Today’s data from MarketBeat and associated research shows an unusually well‑covered stock:

48 analysts have issued 12‑month price targets.
Consensus rating:“Moderate Buy.”
Rating breakdown: roughly 2 Strong Buy, 30 Buy, 14 Hold, 2 Sell (counts vary slightly by source but tell the same story: heavily skewed positive). ^[23]

Price targets:

Average target:$543.75, implying about 6–7% upside from the current price near $509. ^[24]
High target:$706 (Arete Research). ^[25]
Low target: around $343, reflecting at least one notably bearish outlook. ^[26]

Recent moves include:

DA Davidson boosting its target to $580 and reiterating a Buy rating. ^[27]
Several firms (Truist, Rosenblatt, BTIG, Barclays and others) raising targets into the $600–$630 range, while some, like Mizuho, take a more conservative stance with a target near $540 and a Hold rating. ^[28]
Zacks Research upgrading CrowdStrike from “Hold” to “Strong Buy” earlier this week, citing strong execution and a constructive estimate revision trend. ^[29]

Evercore ISI’s In Line rating and $430 target stand out as a reminder that valuation risk is top of mind for more cautious analysts. ^[30]

5. Big money moves: institutional buying, trimming and insider selling

November 29 brings a stack of new 13F‑related headlines from MarketBeat that shed light on who’s buying and selling CrowdStrike behind the scenes.

5.1 Major institutions increasing exposure

New York State Common Retirement Fund boosted its stake by 9.5% in Q2, adding 25,400 shares to own 291,800 shares (about 0.12% of the company), valued at roughly $148.6 million. ^[31]
Rinkey Investments initiated a new position of 984 shares valued around $501,000. ^[32]
Recent filings also show Norges Bank opening a 3.2‑million‑share position worth about $1.64 billion, giving the Norwegian sovereign wealth fund roughly 1.3% of the company. ^[33]
Neuberger Berman Group LLC increased its holdings by 23.4% to 377,144 shares, valued at about $192 million. ^[34]

Collectively, these and other investors contribute to an institutional ownership level around 71% of outstanding shares, a strong vote of confidence from long‑term capital. ^[35]

5.2 Some investors taking profits

Other institutions have been trimming:

Pursue Wealth Partners LLC reduced its stake by 7.4% in Q2, though CRWD still represents about 5.7% of its portfolio and remains its third‑largest holding. ^[36]
Northwestern Mutual Wealth Management cut its stake by 11.1%, ending the quarter with just under 207,000 shares. ^[37]

Several other funds—including the Employees Retirement System of Texas, Russell Investments, Korea Investment Corp and Silvant Capital Management—have also reported modest reductions in their CRWD positions over the past few days of filings. ^[38]

5.3 Insider activity: net sellers into strength

Across multiple filings, insiders appear to be net sellers over the last 90 days:

CEO George Kurtz, President Michael Sentonas and CFO Burt Podbere have all sold chunks of stock in recent months, with total insider sales around 116,000 shares worth roughly $58–59 million. ^[39]
Despite those sales, insiders still own about 3.3% of the company. ^[40]

Insider selling in a fast‑rising stock doesn’t automatically signal trouble—it can simply reflect diversification—but combined with a rich valuation, it’s a data point many investors watch closely.

6. Strategic catalysts: AI, SIEM and the secure AI cloud

Today’s long‑term takes on CrowdStrike repeatedly circle back to the same growth pillars: AI‑driven security, next‑gen SIEM and platform expansion.

6.1 CoreWeave partnership: secure AI cloud for the “agentic era”

On November 5, CrowdStrike and CoreWeave announced a global partnership to power a “secure AI cloud for the agentic era,” integrating CoreWeave’s high‑performance AI infrastructure with the Falcon platform. ^[41]

Highlights:

The collaboration aims to secure the compute environments where AI models are trained and deployed, extending CrowdStrike’s existing AI work with NVIDIA into large‑scale production settings. ^[42]
The move is seen as a way to position CrowdStrike at the heart of secure AI workloads, not just endpoint protection.

This deal is one of the partnerships cited in long‑term bullish commentary this morning as evidence of CrowdStrike’s expanding strategic moat. ^[43]

6.2 EY chooses Falcon Next‑Gen SIEM for global managed services

Earlier this month, EY US announced it had selected CrowdStrike Falcon® Next‑Gen SIEM as the foundational platform for its global cybersecurity managed services. ^[44]

According to EY and CrowdStrike:

EY will standardize its cyber managed services worldwide on Falcon Next‑Gen SIEM, helping clients migrate away from legacy SIEM tools that are often slower and more expensive. ^[45]
The partnership aims to deliver AI‑powered, real‑time detection and response across security and non‑security data, with claims of significantly faster search performance and better cost efficiency. ^[46]

This is a strong reference customer win for CrowdStrike’s LogScale and SIEM strategy and reinforces the “platform” narrative that features prominently in today’s analyst commentary. ^[47]

6.3 M&A: Onum and Pangea boost data and AI security

Two 2025 acquisitions continue to shape the growth story being discussed in today’s articles:

Onum – a specialist in real‑time telemetry pipeline management that will enhance Falcon Next‑Gen SIEM’s data foundation and help deliver autonomous detection across security and IT operations. ^[48]
Pangea – an AI security company CrowdStrike agreed to acquire at its Fal.Con 2025 conference to deliver what it calls “complete AI Detection and Response (AIDR)”, securing data, models, agents, identities and infrastructure across the AI lifecycle. ^[49]

These deals, plus the CoreWeave partnership, are central to why multiple analysts see CrowdStrike as not just an endpoint vendor but a full‑stack AI security platform.

6.4 Thought leadership: new AI security research

A report covered today by the Uyghur Times highlights new CrowdStrike research suggesting that the Chinese‑developed DeepSeek‑R1 AI model generates less secure code when prompts include sensitive political phrases such as topics related to Uyghurs or Tibet. ^[50]

While this isn’t stock‑specific news, it reinforces CrowdStrike’s position as a front‑line researcher in AI and security, which supports the brand and may help drive enterprise demand.

7. Valuation check: reward vs. risk at current levels

Putting today’s news into context:

The stock trades at around $509, very close to the $509.51 “current price” MarketBeat uses in its consensus target calculation. ^[51]
The average analyst target of $543.75 implies roughly 6–7% upside over the next 12 months. ^[52]
However, valuation services estimate DCF‑based fair value closer to $452, and note that CrowdStrike’s price‑to‑sales ratio is dramatically higher than industry averages. ^[53]

Meanwhile:

The company is still GAAP‑unprofitable, with negative net margin (~‑6.8%) and negative ROE, even as it posts robust revenue growth and beats on non‑GAAP EPS. ^[54]
Rich valuations plus notable insider selling and mixed institutional flows (some big buyers, some sizable sellers) underline that expectations for CrowdStrike are very high.

For many analysts, the bull case hinges on:

Sustained 20%+ revenue growth,
Continued expansion of high‑margin ARR in identity and LogScale, and
Gradual margin expansion as scale kicks in.

If earnings next week disappoint, or guidance fails to keep pace with the lofty narrative, CRWD could be vulnerable to sharp swings.

8. What today’s CrowdStrike news means for investors

For November 29, 2025, the story around CrowdStrike stock can be summed up in a few points:

Fundamentals remain strong. Recent results show >20% revenue growth, recurring revenue momentum and a broadening platform that extends deep into SIEM, identity and AI security. ^[55]
The Street is still bullish. Most analysts maintain Buy or Strong Buy ratings, with a Moderate Buy consensus and price targets that, on average, sit modestly above today’s price. ^[56]
Big money is active on both sides. Sovereign funds and major asset managers are adding large positions, while others are trimming—suggesting portfolio rebalancing rather than a one‑sided exodus. ^[57]
AI and SIEM partnerships keep expanding the opportunity. Deals with CoreWeave and EY, plus acquisitions like Pangea and Onum, reinforce the view of CrowdStrike as a central player in secure AI and data‑driven security operations. ^[58]
Valuation is the main debate. With the stock trading at a large premium to peers and above some intrinsic value estimates, next week’s earnings report and 2026 guidance will be critical in determining whether CRWD can grow into its multiple—or whether expectations have run ahead of reality. ^[59]

For readers, today’s coverage essentially sets the stage: CrowdStrike enters earnings week as a high‑expectation market favorite, supported by strong fundamentals and AI‑driven catalysts, but with limited margin for error given how enthusiastically the stock has already been bid up.

This article is for informational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any security. Always conduct your own research or consult a licensed financial advisor before making investment decision

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