Analysts predict Microstrategy Inc. (MSTR) stock to reach $218.67 in the next 12 months

Microstrategy Inc. [MSTR] stock is trading at $141.47, up 8.18%. 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 23.77% over the last week, with a monthly amount glided 8.51%, and 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 September 06, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $146. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on August 21, 2024, and set its price target to $194. On June 25, 2024, Maxim Group initiated with a Buy rating and assigned a price target of $1835 on the stock. Bernstein started tracking the stock assigning a Outperform rating and suggested a price target of $2890 on June 14, 2024. The Benchmark Company initiated its recommendation with a Buy and recommended $990 as its price target on February 27, 2024. BTIG Research reiterated a Buy rating for this stock on December 11, 2023, and upped its price target to $690. In a note dated July 26, 2023, TD Cowen initiated an Outperform rating and provided a target price of $520 on this stock.

Microstrategy Inc. [MSTR] stock has fluctuated between $30.71 and $200.00 over the past year. Currently, Wall Street analysts expect the stock to reach $218.67 within the next 12 months. Microstrategy Inc. [NASDAQ: MSTR] shares were valued at $141.47 at the most recent close of the market. An investor can expect a potential return of 54.57% based on the average MSTR price forecast.

Analyzing the MSTR fundamentals

Microstrategy Inc. [NASDAQ:MSTR] reported sales of 480.63M for the trailing twelve months, which represents a drop of -7.44%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -1.09%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.1 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.36.

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 133.21 points at the first support level, and at 124.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 146.37, and for the 2nd resistance point, it is at 151.26.

Ratios To Look Out For

For context, Microstrategy Inc.’s Current Ratio is 0.47. Further, the Quick Ratio stands at 0.47, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 51.99, the price to book ratio is 9.52.

Transactions by insiders

Recent insider trading involved Shao Wei-Ming, SEVP & General Counsel, that happened on Aug 23 ’24 when 9000.0 shares were sold. SEVP & General Counsel, Shao Wei-Ming completed a deal on Aug 22 ’24 to sell 3000.0 shares. Meanwhile, President & CEO Le Phong sold 50000.0 shares on Aug 22 ’24.

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