- Strategy Inc. (MSTR, Financial) experienced a significant 8.67% drop in share value after pausing Bitcoin acquisitions.
- Wall Street analysts maintain a positive outlook with an average target price indicating a strong potential upside.
- Despite market uncertainties, Strategy Inc. has made substantial investments in Bitcoin recently.
Shares of Strategy Inc. (MSTR) took a hit on Monday, dropping 8.67% to settle at $268.14. This decline followed the company's decision to pause Bitcoin acquisitions between March 31 and April 6. Nevertheless, the company has recently bolstered its Bitcoin holdings, acquiring 22,048 Bitcoins at a cost of $1.92 billion. Despite these challenges, TD Cowen remains optimistic, reiterating a Buy rating and setting a price target of $550 for MSTR.
Wall Street Analysts Forecast
According to insights from 13 financial analysts, Strategy Inc. (MSTR, Financial) has an average one-year price target of $423.66. Estimates vary widely, with a high of $600.00 and a low of $187.50. The average price target suggests an upside potential of 78.05% from the current share price of $237.95. For a deeper dive into these figures, visit the Strategy (MSTR) Forecast page.
On the brokerage front, 12 firms have offered their consensus, categorizing Strategy Inc. (MSTR, Financial) with an average recommendation of 2.0. This classification denotes an "Outperform" status on a scale where 1 signifies Strong Buy and 5 indicates a Sell recommendation.
According to GuruFocus estimates, Strategy Inc.'s estimated GF Value in one year is $19.55, indicating a potential downside of 91.78% from the current price of $237.95. The GF Value reflects GuruFocus' fair value projection for the stock, drawing on past trading multiples, historical business growth, and projected future performance. For further insights and details, visit the Strategy (MSTR, Financial) Summary page.
