- MicroStrategy (MSTR, Financial) maintains a strong position in its bitcoin holdings, reporting no new purchases in early July.
- Analysts see potential for an 18.81% upside, with a consensus rating of "Outperform."
- GuruFocus estimates indicate a significant downside based on their GF Value metric.
MicroStrategy (MSTR) has kept its bitcoin holdings steady from June 30 to July 6, not adding any new tokens to its existing stash of 597,325. The company's investment in digital assets stands at a total cost of $42.4 billion. Notably, in Q2, MicroStrategy realized a substantial $14.05 billion unrealized gain on these assets, leading to a deferred tax expense of $4.04 billion.
Wall Street Analysts Forecast
Wall Street analysts remain optimistic about MicroStrategy's potential, presenting a range of one-year price targets. The average target price for MSTR is set at $480.00, with high and low estimates of $600.00 and $175.00, respectively. This average target suggests a potential upside of 18.81% from the current share price of $403.99. For more precise and detailed estimate data, visit the Strategy (MSTR, Financial) Forecast page.
Brokerage Firms' Consensus
The consensus recommendation from 12 brokerage firms positions MicroStrategy with an average brokerage recommendation of 2.0. This rating translates to an "Outperform" status on a scale from 1 to 5, where 1 denotes a Strong Buy and 5 suggests a Sell.
GF Value Estimation
According to GuruFocus estimates, the GF Value for MicroStrategy (MSTR, Financial) in the coming year is projected to be $24.23. This estimation implies a significant downside of 94% from the current share price of $403.99. GF Value is a crucial metric devised by GuruFocus to estimate the fair value that the stock should be traded at, calculated based on historical trading multiples, past business growth, and future performance estimates. For more comprehensive data, explore the Strategy (MSTR) Summary page.
