In the latest trading session, 3.87 million shares of the Microstrategy Inc. (NASDAQ:MSTR) were traded, and its beta was 3.10. Most recently the company’s share price was $133.72, and it changed around -$7.75 or -5.48% from the last close, which brings the market valuation of the company to $23.62B. MSTR currently trades at a discount to its 52-week high of $200.00, offering almost -49.57% off that amount. The share price’s 52-week low was $30.71, which indicates that the current value has risen by an impressive 77.03% since then. We note from Microstrategy Inc.’s average daily trading volume that its 10-day average is 8.36 million shares, with the 3-month average coming to 11.57 million.

Microstrategy Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 1.30. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended MSTR as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Microstrategy Inc. is expected to report earnings per share of -0.11 for the current quarter.

Microstrategy Inc. (NASDAQ:MSTR) trade information

Instantly MSTR has showed a red trend with a performance of -5.48% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 143.00 on recent trading dayincreased the stock’s daily price by 6.49%. The company’s shares are currently up 111.71% year-to-date, but still up 7.13% over the last five days. On the other hand, Microstrategy Inc. (NASDAQ:MSTR) is 1.36% up in the 30-day period. We can see from the shorts that 26.63 million shares have been sold at a short interest cover period of 2.52 day(s).

The consensus price target as assigned by Wall Street analysts is $146, which translates to bulls needing to increase their stock price by 8.41% from its current value. Analyst projections state that MSTR is forecast to be at a low of $110 and a high of $400.

Microstrategy Inc. (MSTR) estimates and forecasts

Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 87.80% in revenue this quarter, and will report a decrease of -121.40% in the next quarter. The year-over-year growth rate is expected to be -4.20%, down from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 122.66M in revenue for the current quarter. 5 analysts expect Microstrategy Inc. to make 126.14M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 126.38M and 124.48M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -2.90%. Forecasts for the next quarter put sales growth at 1.30%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 68.03%. Microstrategy Inc. earnings are expected to increase by -137.89% in 2024, but the outlook is positive 10.00% per year for the next five years.

MSTR Dividends

Microstrategy Inc.’s next quarterly earnings report is expected to be released on 2024-Oct-30.

Microstrategy Inc. (NASDAQ:MSTR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.26% of Microstrategy Inc. shares, and 52.73% of them are in the hands of institutional investors. The stock currently has a share float of 52.87%. Microstrategy Inc. stock is held by 786.0 institutions, with CAPITAL INTERNATIONAL INVESTORS being the largest institutional investor. By 2024-06-30, it held 10.0356% of the shares, which is about 1.73 million shares worth $2.38 billion.

VANGUARD GROUP INC, with 9.0157% or 1.55 million shares worth $2.14 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.