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Strategy (MSTR): New Buy Recommendation for This Technology Giant | Markets Insider

Published 2 months ago1 minute read

KBW analyst Bill Papanastasiou maintained a Buy rating on Strategy (MSTRResearch Report) today and set a price target of $560.00. The company’s shares closed yesterday at $282.76.

According to TipRanks, Papanastasiou is a 5-star analyst with an average return of 41.8% and a 49.12% success rate. Papanastasiou covers the Financial sector, focusing on stocks such as HIVE Digital Technologies, Riot Platforms, and Cleanspark.

Currently, the analyst consensus on Strategy is a Strong Buy with an average price target of $548.91, a 94.13% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $550.00 price target.

Based on Strategy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $120.7 million and a GAAP net loss of $670.81 million. In comparison, last year the company earned a revenue of $124.48 million and had a net profit of $89.13 million

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