At the time of writing, Microstrategy Inc. [MSTR] stock is trading at $1396.76, up 2.81%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MSTR shares have gain 8.98% over the last week, with a monthly amount drifted -10.20%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Microstrategy Inc. [NASDAQ: MSTR] stock has seen the most recent analyst activity on June 25, 2024, when Maxim Group initiated its Buy rating and assigned the stock a price target of $1835. Previously, Bernstein started tracking the stock with Outperform rating on June 14, 2024, and set its price target to $2890. On February 27, 2024, The Benchmark Company initiated with a Buy rating and assigned a price target of $990 on the stock. BTIG Research reiterated its Buy rating and increased its price target to $690 on December 11, 2023. TD Cowen initiated its recommendation with a Outperform and recommended $520 as its price target on July 26, 2023. In a note dated April 28, 2023, Berenberg initiated an Buy rating and provided a target price of $430 on this stock.
For the past year, the stock price of Microstrategy Inc. fluctuated between $307.11 and $1999.99. Currently, Wall Street analysts expect the stock to reach $255 within the next 12 months. Microstrategy Inc. [NASDAQ: MSTR] shares were valued at $1396.76 at the most recent close of the market. An investor can expect a potential drop of -81.74% based on the average MSTR price forecast.
Analyzing the MSTR fundamentals
According to Microstrategy Inc. [NASDAQ:MSTR], the company’s sales were 489.59M for trailing twelve months, which represents an -5.47% plunge. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.71%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.05 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1,335.50 points at the first support level, and at 1,274.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 1,446.71, and for the 2nd resistance point, it is at 1,496.67.
Ratios To Look Out For
It is important to note that Microstrategy Inc. [NASDAQ:MSTR] has a current ratio of 0.78. Further, the Quick Ratio stands at 0.78, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 50.61, the price to book ratio is 10.27.
Transactions by insiders
Recent insider trading involved Le Phong, President & CEO, that happened on Jun 17 ’24 when 590.0 shares were sold. SEVP & CFO, Kang Andrew completed a deal on Jun 17 ’24 to sell 209.0 shares. Meanwhile, SEVP & General Counsel Shao Wei-Ming sold 190.0 shares on Jun 17 ’24.
