Microstrategy Inc. (NASDAQ: MSTR)’s Stock Performance and Outlook

In the latest trading session, 0.61 million Microstrategy Inc. (NASDAQ:MSTR) shares changed hands as the company’s beta touched 3.03. With the company’s most recent per share price at $1332.03 changing hands around $109.02 or 8.91% at last look, the market valuation stands at $22.60B. MSTR’s current price is a discount, trading about -50.15% off its 52-week high of $1999.99. The share price had its 52-week low at $266.00, which suggests the last value was 80.03% up since then. When we look at Microstrategy Inc.’s average trading volume, we note the 3-month average coming to 2.38 million.

Microstrategy Inc. (NASDAQ:MSTR) trade information

Instantly MSTR is in green as seen in intraday trades today. With action 3.02%, the performance over the past five days has been green. The jump to weekly highs of 1,337.54 added 8.91% to the stock’s daily price. The company’s shares are showing year-to-date upside of 110.89%, with the 5-day performance at 3.02% in the green. However, in the 30-day time frame, Microstrategy Inc. (NASDAQ:MSTR) is -7.43% down.

Microstrategy Inc. (MSTR) estimates and forecasts

Year-over-year growth is forecast to reach 1.40% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 121.62M. 4 analysts are of the opinion that Microstrategy Inc.’s revenue for the current quarter will be 129.35M. The company’s revenue for the corresponding quarters a year ago was 124.7M and 126.38M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -2.50%. The estimates for the next quarter sales put growth at 2.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 68.04%. The 2024 estimates are for Microstrategy Inc. earnings to decrease by -114.16%, but the outlook for the next 5-year period is at 10.00% per year.