NEW YORK, July 4, 2026, 14:04 EDT
- CrowdStrike Holdings Inc NASDAQ:CRWD closed at $193.98 on July 2, gaining 0.41% after its first session reflecting the stock split.
- Shares climbed 10.7% in the four sessions from June 26 to July 2, outpacing First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) and Invesco QQQ Trust NASDAQ:QQQ.
- U.S. stocks were closed July 3 for Independence Day. Nasdaq will open again on Monday, July 6.
CrowdStrike ended the session at $193.98, gaining 0.41% on July 2. The stock traded lower after a four-for-one split, but holders saw no change in position value. Google Finance showed a session and 52-week high at $199.53, with the market cap at $197.52 billion.
July 3 is a holiday for U.S. equity markets, Nasdaq said, with the exchange observing Independence Day since July 4 lands on Saturday this year. Regular trading will pick back up Monday, July 6, with normal hours from 9:30 a.m. to 4 p.m. Eastern.
CrowdStrike told investors they’ll get three additional shares for every share they own after the close on July 1. Split-adjusted trading is set to kick off July 2. The stock split was first announced with CrowdStrike’s fiscal Q1 results.
Best to look at the split-adjusted tape, not just the lower nominal price. CrowdStrike finished at $175.27 on June 26, then ended at $193.98 on July 2—a 10.7% jump in four sessions. CIBR added 6.2% in that same period. QQQ was up 0.9%. Reuters had the Nasdaq Composite (INDEXNASDAQ:.IXIC) up 2.1% for the week.
| Security/index | June 26 close | July 2 close/level | Four-session move |
|---|---|---|---|
| CrowdStrike Holdings Inc NASDAQ:CRWD | $175.27 | $193.98 | up 10.7% |
| First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) | $85.36 | $90.67 | added 6.2% |
| Invesco QQQ Trust NASDAQ:QQQ | $706.52 | $712.60 | up 0.9% |
| Nasdaq Composite (INDEXNASDAQ:.IXIC) | — | 25,832.67 | gained 2.1% for the week |
The gap stands out since buyers kept pushing into CrowdStrike, even as other growth tech names faded into the break. On Thursday, the Nasdaq Composite dropped 0.80%. The S&P 500 (INDEXSP:.INX) ended about flat, while the Dow Jones Industrial Average (INDEXDJX:.DJI) added 1.14% to close at 52,900.07. The semiconductor index lost 5.4%.
Adam Sarhan, CEO at 50 Park Investments, said the jobs report removed pressure on the Fed to hike rates soon, after June payrolls missed estimates. Bruce Zaro, managing director at Granite Wealth Management, said investors were probably taking profits in chip names.
CrowdStrike’s first session after its split didn’t see a big pickup in volume. Google Finance data put turnover at 10.43 million shares on July 2, below the 14.18 million average—down about 26%. That doesn’t fit the idea that the split alone would drive a trading spike.
The stock moved past the average analyst price target. Google Finance listed 38 analysts, with 29 buy ratings, eight holds and one sell. But their 12-month average target was $180.54, which is 6.93% under the most recent close. The top target stood at $225, about 16% above the last price.
| Analyst/measure | Firm | Rating/action | Target | Implied move from $193.98 |
|---|---|---|---|---|
| Average price target | 38 analysts | — | $180.54 | -6.93% |
| Junaid Siddiqui | Truist Financial | Buy, kept July 2 | $187.50 | -3.3% |
| Gregg Moskowitz | Mizuho Securities | Buy, kept July 2 | $175.00 | -9.8% |
| Meta Marshall | Morgan Stanley | Buy, kept July 2 | $172.50 | -11.1% |
| Michael Turrin | Wells Fargo | Buy, reiterated June 28 | $225.00 | +16.0% |
ETF holders are in as well. Global X Cybersecurity ETF (NASDAQ:BUG) showed CrowdStrike at 7.15% weight as of July 2. That’s just after Palo Alto Networks Inc NASDAQ:PANW at 7.98%, Okta Inc NASDAQ:OKTA at 7.89% and Fortinet Inc NASDAQ:FTNT at 7.62%.
CrowdStrike’s most recent earnings report put a floor under the shares. The company logged first-quarter revenue of $1.39 billion, a 26% rise. Annual recurring revenue reached $5.51 billion, up 24%. Net new ARR was $255.8 million. CFO Burt Podbere said CrowdStrike beat “all guided metrics.” CEO George Kurtz said, “CrowdStrike is AI security infrastructure.” CrowdStrike Holdings, Inc.
This week, traders are watching to see if the split-adjusted price stays close to $194, with no holiday trading and no big volume move. The next earnings report is on Sept. 2, with revenue expected at $1.44 billion.
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