Analysts Boost CrowdStrike Targets: Key Insights on Future Expectations

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CrowdStrike Holdings Inc. (NASDAQ: CRWD) stock reached an all-time high (ATH) on November 11 but subsequently declined nearly 10%. With earnings set to be announced on December 2, analysts have raised their price targets, with a consensus of $537.49. Notably, targets range from $515 to $800, indicating significant anticipated growth despite the company’s earlier guidance of a 19% year-over-year revenue increase for Q3.

Currently, CRWD stock is trading around $500, just below its 50-day simple moving average of $506.91. It may drift towards longer-term support around $480 if momentum continues to cool. The upcoming earnings report is likely to increase trading volume and volatility, with current expectations high among analysts.

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