MSTR Stock Analysis: MicroStrategy | NASDAQ

Software - Application | NASDAQ, USA | Market Cap: 36.052m USD | 12M Return: -75.1% | Charts, Fundamentals & Technical Analysis

Bitcoin Treasury, Enterprise Analytics, Data Intelligence, AI Insights
Total Rating 14
Safety 82
Buy Signal -0.77
Software - Application
Industry Rotation: -2.7
Market Cap: 36.1B
Avg Turnover: 2.90B
Risk 3d forecast
Volatility111%
VaR 5th Pctl18.5%
VaR vs Median1.15%
Reward TTM
Sharpe Ratio-1.55
Rel. Str. IBD0.7
Rel. Str. Peer Group1.2
Character TTM
Beta2.180
Beta Downside2.632
Hurst Exponent0.450
Drawdowns 3y
Max DD82.63%
CAGR/Max DD0.47
CAGR/Mean DD1.25
EPS (Earnings per Share) EPS (Earnings per Share) of MSTR over the last years for every Quarter: "2021-06": 0.17, "2021-09": -0.36, "2021-12": -0.01, "2022-03": -1.16, "2022-06": -9.4, "2022-09": -0.1, "2022-12": -2.05, "2023-03": 3.06, "2023-06": 0.24, "2023-09": -0.9, "2023-12": 0.56, "2024-03": -8.26, "2024-06": -0.76, "2024-09": -1.56, "2024-12": -3.03, "2025-03": -16.49, "2025-06": 32.52, "2025-09": 8.42, "2025-12": -42.93, "2026-03": -38.25,
Last SUE: -2.24
Qual. Beats: -2
Revenue Revenue of MSTR over the last years for every Quarter: 2021-06: 125.351, 2021-09: 127.994, 2021-12: 134.515, 2022-03: 119.277, 2022-06: 122.073, 2022-09: 125.36, 2022-12: 132.554, 2023-03: 121.915, 2023-06: 120.4, 2023-09: 129.462, 2023-12: 124.484, 2024-03: 115.246, 2024-06: 111.442, 2024-09: 116.071, 2024-12: 120.697, 2025-03: 111.066, 2025-06: 114.488, 2025-09: 128.691, 2025-12: 122.989, 2026-03: 124.3,
Rev. CAGR: -2.01%
Rev. Trend: -56.4%
Last SUE: -0.12
Qual. Beats: 0

Warnings

Strong Share Dilution
Interest Coverage Ratio Critical
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +1.8% 36
Feb +3.0% 0
Mar +0.5% 13
Apr +1.5% 13
May -5.0% 54
Jun -1.8% 13
Jul -0.2% 0
Aug -1.4% 24
Sep -0.3% 0
Oct +9.5% 50
Nov +3.1% 0
Dec -7.5% 52

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: MSTR MicroStrategy

Strategy Inc (NASDAQ: MSTR) is a US-headquartered technology company that operates with a dual business model: an enterprise analytics software business (under the Strategy One and Strategy Mosaic brands) and a Bitcoin treasury strategy that provides investors economic exposure to Bitcoin through equity and fixed income securities. The company serves customers across the United States, Europe, the Middle East, Africa, and other international markets, and is classified within the GICS Application Software sub-industry. Originally founded in 1989 as MicroStrategy Incorporated, the company rebranded to Strategy Inc in August 2025, reflecting the increased strategic emphasis on its Bitcoin holdings alongside its legacy AI-powered analytics offerings for non-technical enterprise users.

Headlines to Watch Out For
  • Bitcoin purchases drive balance sheet growth and stock volatility
  • AI analytics software revenue growth from Strategy One platform
  • Debt and equity raises fund aggressive Bitcoin accumulation strategy
Piotroski VR-10 (Strict) 0.0
Net Income: -12.4b TTM > 0 and > 6% of Revenue
FCF/TA: -0.27 > 0.02 and ΔFCF/TA 36.76 > 1.0
NWC/Revenue: 407.0% < 20% (prev -22.88%; Δ 429.9% < -1%)
CFO/TA -0.00 > 3% & CFO -50.9m > Net Income -12.4b
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 6.05 > 1.5 & < 3
Outstanding Shares: last quarter (333.9m) vs 12m ago 30.19% < -2%
Gross Margin: 68.11% > 18% (prev 70.95%; Δ -2.84% > 0.5%)
Asset Turnover: 1.00% > 50% (prev 1.05%; Δ -0.05% > 0%)
Interest Coverage Ratio: -281.8 > 6 (EBIT TTM -14.0b / Interest Expense TTM 49.7m)
Altman Z'' 3.49
A: 0.04 (Total Current Assets 2.39b - Total Current Liabilities 395.1m) / Total Assets 54.3b
B: -0.12 (Retained Earnings -6.47b / Total Assets 54.3b)
C: -0.29 (EBIT TTM -14.0b / Avg Total Assets 49.1b)
D: 5.29 (Book Value of Equity 45.6b / Total Liabilities 8.63b)
Altman-Z'' = 3.49 = A
Beneish M -2.93
DSRI: 1.07 (Receivables 122.3m/107.3m, Revenue 490.5m/459.3m)
GMI: 1.04 (GM 70.95% / 68.11%)
AQI: 0.96 (AQ_t 0.95 / AQ_t-1 0.99)
SGI: 1.07 (Revenue 490.5m / 459.3m)
TATA: -0.23 (NI -12.4b - CFO -50.9m) / TA 54.3b)
Beneish M = -2.93 (Cap -4..+1) = A
What is the price of MSTR shares?

As of July 04, 2026, the stock is trading at USD 100.77 with a total of 34,757,600 shares traded. Over the past week, the price has changed by +18.09%, over one month by -20.37%, over three months by -21.08% and over the past year by -75.06%.

Current recommended Stop Loss: 87.80 (which is 12.9% or 1.3 ATR below the current price).

Is MSTR a buy, sell or hold?

MicroStrategy has received a consensus analysts rating of 4.31. Therefore, it is recommended to buy MSTR.

  • StrongBuy: 7
  • Buy: 5
  • Hold: 0
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the MSTR price?
Analysts Target Price 321 218.5%
MicroStrategy (MSTR) - Fundamental Data Overview as of 04 July 2026
Market Cap USD = 36.1b (36.1b USD * 1.0 USD.USD)
P/E Forward = 1.7109
P/S = 73.5061
P/B = 0.9116
P/EG = 2.8502
Revenue TTM = 490.5m USD
EBIT TTM = -14.0b USD
EBITDA TTM = -14.0b USD
Long Term Debt = 8.17b USD (from longTermDebt, last quarter)
Short Term Debt = 31.4m USD (from shortTermDebt, last quarter)
Debt = 8.32b USD (from shortLongTermDebtTotal, last quarter) + Leases 60.9m
Net Debt = 6.11b USD (calculated: Debt 8.32b - CCE 2.21b)
Enterprise Value = 42.2b USD (36.1b + Debt 8.32b - CCE 2.21b)
Interest Coverage Ratio = -281.8 (Ebit TTM -14.0b / Interest Expense TTM 49.7m)
EV/FCF = -2.83x (Enterprise Value 42.2b / FCF TTM -14.9b)
FCF Yield = -35.32% (FCF TTM -14.9b / Enterprise Value 42.2b)
 FCF Margin = -3.04k% (FCF TTM -14.9b / Revenue TTM 490.5m)
 Net Margin = -2.52k% (Net Income TTM -12.4b / Revenue TTM 490.5m)
 Gross Margin = 68.11% ((Revenue TTM 490.5m - Cost of Revenue TTM 156.4m) / Revenue TTM)
Gross Margin QoQ = 67.06% (prev 66.11%)
Tobins Q-Ratio = 0.78 (Enterprise Value 42.2b / Total Assets 54.3b)
Interest Expense / Debt = 0.60% (Interest Expense 49.7m / Debt 8.32b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -11.1b (EBIT -14.0b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 6.05 (Total Current Assets 2.39b / Total Current Liabilities 395.1m)
Debt / Equity = 0.18 (Debt 8.32b / totalStockholderEquity, last quarter 45.6b)
 Debt / EBITDA = -0.44 (negative EBITDA) (Net Debt 6.11b / EBITDA -14.0b)
 Debt / FCF = -0.41 (negative FCF - burning cash) (Net Debt 6.11b / FCF TTM -14.9b)
 Total Stockholder Equity = 51.3b (last 4 quarters mean from totalStockholderEquity)
RoA = -25.17% (Net Income -12.4b / Total Assets 54.3b)
RoE = -24.09% (Net Income TTM -12.4b / Total Stockholder Equity 51.3b)
RoCE = -23.55% (EBIT -14.0b / Capital Employed (Equity 51.3b + L.T.Debt 8.17b))
 RoIC = -20.53% (negative operating profit) (NOPAT -11.1b / Invested Capital 53.9b)
 WACC = 11.18% (E(36.1b)/V(44.4b) * Re(13.65%) + D(8.32b)/V(44.4b) * Rd(0.60%) * (1-Tc(0.21)))
Discount Rate = 13.65% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 82.22 | Cagr: 30.40%
 [DCF] Fair Price = unknown (Cash Flow -14.9b)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -2.24 | # QB: -2
Revenue Correlation: -56.45 | Revenue CAGR: -2.01% | SUE: -0.12 | # QB: 0
EPS current Quarter (2026-06-30): EPS=8.05 | Chg30d=-69.28% | Revisions=+0% | Analysts=6
EPS next Quarter (2026-09-30): EPS=13.06 | Chg30d=-14.42% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=21.69 | Chg30d=-50.51% | Revisions=-17% | GrowthEPS=+242.4% | GrowthRev=+4.4%
EPS next Year (2027-12-31): EPS=10.06 | Chg30d=-29.45% | Revisions=+40% | GrowthEPS=-53.6% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +8% (up=5, down=4)