Strategy (NASDAQ:MSTR) Price Target Lowered to $440.00 at TD Cowen

Strategy (NASDAQ:MSTR) had its price objective cut by research analysts at TD Cowen from $500.00 to $440.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the software maker’s stock. TD Cowen’s price target indicates a potential upside of 148.23% from the stock’s current price.

A number of other equities research analysts have also recently commented on MSTR. Benchmark reaffirmed a “buy” rating on shares of Strategy in a report on Monday, December 1st. Cantor Fitzgerald reissued an “overweight” rating on shares of Strategy in a research report on Friday, December 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategy in a research note on Monday, December 29th. Sanford C. Bernstein set a $450.00 price objective on shares of Strategy and gave the company an “outperform” rating in a research report on Monday, December 8th. Finally, China Renaissance assumed coverage on Strategy in a report on Wednesday, October 15th. They set a “buy” rating and a $473.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $446.88.

Strategy Price Performance

Shares of NASDAQ MSTR traded down $2.08 during mid-day trading on Thursday, reaching $177.25. 10,203,709 shares of the company were exchanged, compared to its average volume of 24,099,695. Strategy has a 52 week low of $149.75 and a 52 week high of $457.22. The company’s 50 day moving average price is $178.59 and its 200 day moving average price is $290.86. The stock has a market capitalization of $50.93 billion, a PE ratio of 8.24 and a beta of 3.42. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.16.

Strategy (NASDAQ:MSTR) last released its earnings results on Thursday, October 30th. The software maker reported $8.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. Strategy had a return on equity of 20.98% and a net margin of 1,667.09%.The company had revenue of $128.69 million during the quarter, compared to analyst estimates of $116.65 million. During the same quarter in the previous year, the company posted ($1.56) EPS. Strategy’s revenue for the quarter was up 10.9% on a year-over-year basis. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Insider Buying and Selling

In other Strategy news, Director Jarrod M. Patten acquired 12,000 shares of the company’s stock in a transaction that occurred on Friday, October 17th. The stock was bought at an average price of $96.88 per share, for a total transaction of $1,162,560.00. Following the acquisition, the director directly owned 29,335 shares in the company, valued at $2,841,974.80. The trade was a 69.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jane A. Dietze bought 1,100 shares of the company’s stock in a transaction on Friday, November 21st. The stock was bought at an average price of $95.28 per share, for a total transaction of $104,808.00. Following the completion of the purchase, the director directly owned 2,600 shares in the company, valued at approximately $247,728. This represents a 73.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 18,112 shares of company stock worth $2,047,968 and have sold 13,177 shares worth $2,843,166. Corporate insiders own 8.46% of the company’s stock.

Institutional Trading of Strategy

Several hedge funds and other institutional investors have recently bought and sold shares of MSTR. Binnacle Investments Inc boosted its position in Strategy by 492.9% during 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. MCF Advisors LLC acquired a new stake in shares of Strategy in the second quarter valued at approximately $35,000. Maseco LLP purchased a new position in shares of Strategy during the 2nd quarter worth $36,000. AllSquare Wealth Management LLC boosted its holdings in Strategy by 100.0% in the 2nd quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock valued at $40,000 after purchasing an additional 50 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Strategy during the third quarter worth $32,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Large corporate bitcoin buy — Strategy purchased 13,627 BTC for ~$1.25B, lifting its total bitcoin holdings and reinforcing the firm’s narrative as a large corporate bitcoin treasury. This is the main catalyst behind recent rallies as BTC strength supports MSTR’s asset-backed thesis. Billionaire Michael Saylor’s Strategy Scoops 13,627 Bitcoin for $1.25B
• Positive Sentiment: Insider purchase — Director Carl Rickertsen bought 5,000 shares (a rare insider buy after years of selling), which traders viewed as a confidence signal and helped fuel short-term buying. Strategy Director Buys MSTR For First Time In 3.5 Years—Here’s Why That Matters
• Positive Sentiment: Fundamentals remain supportive — Strategy’s last reported quarter beat on EPS and revenue, and management set FY2025 EPS guidance (80.00), which underpins the company’s long-term thesis beyond bitcoin exposure. (Background: recent MarketBeat summary of earnings and guidance.)
• Neutral Sentiment: Short-term momentum and coverage notes — Several media pieces and analyst commentary have highlighted the recent surge tied to the BTC buy and insider activity; Zacks and Benzinga wrote about the price action and whether it will persist. Strategy (MSTR) Moves 3.7% Higher: Will This Strength Last?
• Neutral Sentiment: Volume & technical backdrop — Today’s volume is below the stock’s average and the 50-day moving average sits well below the 200-day, indicating the rebound may still be early and that technical headwinds exist. (Background: recent MarketBeat trading stats.)
• Negative Sentiment: Analyst price-target cut on bitcoin yield risk — TD Cowen lowered its MSTR price target (from $500 to $440), citing declining bitcoin yield projections as corporate BTC returns compress; this reduces upside from some sell-side scenarios and is pressuring sentiment. Strategy (MSTR) Stock: TD Cowen Lowers Price Target to $440 on Yield Concerns

About Strategy

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.