Strategy (NASDAQ:MSTR) Stock Price Expected to Rise, B. Riley Financial Analyst Says

Posted by George Bondi on Sep 3rd, 2026

Strategy (NASDAQ:MSTR – Get Free Report) had its price objective lifted by analysts at B. Riley Financial from $155.00 to $175.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the software maker’s stock. B. Riley Financial’s price objective suggests a potential upside of 23.43% from the company’s current price.

MSTR has been the subject of several other reports. Wall Street Zen upgraded Strategy from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. Monness Crespi & Hardt reaffirmed a “neutral” rating on shares of Strategy in a research note on Tuesday, June 2nd. UBS Group reaffirmed a “buy” rating on shares of Strategy in a report on Friday, July 31st. Canaccord Genuity Group increased their price target on Strategy from $130.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. Finally, Alliance Global Partners initiated coverage on Strategy in a research report on Tuesday. They set a “buy” rating and a $217.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Strategy has an average rating of “Moderate Buy” and an average price target of $236.41.

View Our Latest Report on MSTR

Strategy Stock Up 15.1%

MSTR stock traded up $18.59 on Thursday, hitting $141.78. 27,663,879 shares of the company’s stock were exchanged, compared to its average volume of 21,582,570. The firm has a 50 day moving average price of $101.47 and a two-hundred day moving average price of $128.17. Strategy has a 12-month low of $81.81 and a 12-month high of $365.21. The stock has a market cap of $54.48 billion, a P/E ratio of -1.46 and a beta of 3.59. The company has a debt-to-equity ratio of 0.22, a quick ratio of 5.39 and a current ratio of 5.39.

Strategy (NASDAQ:MSTR – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The software maker reported ($24.45) EPS for the quarter, missing the consensus estimate of ($2.19) by ($22.26). The company had revenue of $122.37 million during the quarter, compared to analysts’ expectations of $122.90 million. Strategy had a negative net margin of 6,102.95% and a negative return on equity of 74.18%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $32.52 earnings per share. As a group, equities research analysts expect that Strategy will post -23.76 EPS for the current fiscal year.

Insider Activity at Strategy

In related news, CFO Andrew Kang sold 33,062 shares of Strategy stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.73, for a total value of $3,925,451.26. Following the transaction, the chief financial officer owned 68,733 shares of the company’s stock, valued at approximately $8,160,669.09. This trade represents a 32.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Phong Le sold 93,738 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.73, for a total transaction of $11,129,512.74. Following the completion of the transaction, the chief executive officer owned 119,925 shares of the company’s stock, valued at approximately $14,238,695.25. The trade was a 43.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 148,575 shares of company stock worth $17,639,821 in the last quarter. 6.49% of the stock is owned by company insiders.

Institutional Trading of Strategy

A number of hedge funds have recently modified their holdings of MSTR. McIlrath & Eck LLC lifted its holdings in shares of Strategy by 3.8% during the 2nd quarter. McIlrath & Eck LLC now owns 1,246 shares of the software maker’s stock valued at $504,000 after buying an additional 46 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of Strategy by 0.6% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,533 shares of the software maker’s stock valued at $3,061,000 after acquiring an additional 53 shares during the last quarter. Binnacle Investments Inc boosted its stake in Strategy by 492.9% in the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock worth $34,000 after purchasing an additional 69 shares in the last quarter. Citrine Capital LLC boosted its position in Strategy by 5.0% in the 1st quarter. Citrine Capital LLC now owns 1,658 shares of the software maker’s stock valued at $207,000 after buying an additional 79 shares during the last quarter. Finally, Tobam increased its holdings in Strategy by 0.3% in the fourth quarter. Tobam now owns 27,270 shares of the software maker’s stock valued at $4,144,000 after purchasing an additional 81 shares during the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

More Strategy News

Here are the key news stories impacting Strategy this week:

Positive Sentiment: Bitcoin rally lifts crypto-treasury stocks: The iShares Bitcoin Trust ETF rose sharply while the broader market also advanced, creating a favorable backdrop for Strategy and other companies with large Bitcoin holdings. Crypto Treasury Stocks Rally as Bitcoin Fund Jumps 5%: Strategy Surges 14%, Bitmine Climbs 12%
Positive Sentiment: Strategy resumed Bitcoin accumulation: The company purchased 4,603 Bitcoin for roughly $370 million after a 10-week pause, bringing its holdings to approximately 845,050 coins. The purchase was funded through share issuance, reinforcing Strategy’s core strategy while increasing its exposure to Bitcoin’s potential upside. Strategy (MSTR) Looks Cheap As Bitcoin Buying Resumes With 4,603 More Coins
Positive Sentiment: Management highlighted financial flexibility: CEO Phong Le characterized the prior sale of 7,000 Bitcoin as a small transaction used to fund preferred dividends, while emphasizing the company’s cash reserves, reduced net debt and ability to remain a net Bitcoin buyer. Michael Saylor also said Strategy’s reserve capital ranks behind only Berkshire Hathaway among S&P 500 financial companies, bolstering the bullish narrative around its balance sheet. Michael Saylor Says Strategy Has More Reserve Capital Than Most S&P 500 Finance Companies
Neutral Sentiment: MSCI index treatment remains an overhang: Strategy is urging MSCI to withdraw a proposal that could exclude digital-asset treasury companies from major indexes. Avoiding exclusion would protect potential institutional demand, but the proposal remains an unresolved risk. Strategy Calls MSCI Index Proposal Discriminatory
Negative Sentiment: Valuation and dilution risks persist: Continued Bitcoin purchases rely partly on issuing shares, which can dilute existing holders. Strategy’s earnings remain deeply negative, and its stock’s high volatility leaves it vulnerable to any Bitcoin pullback, higher interest rates or renewed concerns about its financing model.

About Strategy

(Get Free Report)

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.