In the latest trading session, 6.92 million Microstrategy Inc (NASDAQ:MSTR) shares changed hands as the company’s beta touched 3.25. With the company’s most recent per share price at $336.27 changing hands around $7.87 or 2.40% at last look, the market valuation stands at $82.65B. MSTR’s current price is a discount, trading about -61.48% off its 52-week high of $543.00. The share price had its 52-week low at $43.87, which suggests the last value was 86.95% up since then. When we look at Microstrategy Inc’s average trading volume, we note the 10-day average is 20.71 million shares, with the 3-month average coming to 27.86 million.
Analysts gave the Microstrategy Inc (MSTR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.64. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended MSTR as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Microstrategy Inc’s EPS for the current quarter is expected to be 0.05.
Microstrategy Inc (NASDAQ:MSTR) trade information
Instantly MSTR is in green as seen in intraday trades today. With action -11.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 16.11%, with the 5-day performance at -11.30% in the red. However, in the 30-day time frame, Microstrategy Inc (NASDAQ:MSTR) is -18.26% down. Looking at the short shares, we see there were 23.25 million shares sold at short interest cover period of 0.93 days.
The consensus price target for the stock as assigned by Wall Street analysts is 270, meaning bulls need a downside of -24.54% from its recent market value. According to analyst projections, MSTR’s forecast low is 146 with 570 as the target high. To hit the forecast high, the stock’s price needs a -69.51% plunge from its current level, while the stock would need to tank 56.58% for it to hit the projected low.
Microstrategy Inc (MSTR) estimates and forecasts
Year-over-year growth is forecast to reach -5.71% down from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 122.67M. 5 analysts are of the opinion that Microstrategy Inc’s revenue for the current quarter will be 116.08M. The company’s revenue for the corresponding quarters a year ago was 124.48M and 115.25M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.46%. The estimates for the next quarter sales put growth at 0.72%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 68.03%. The 2025 estimates are for Microstrategy Inc earnings to decrease by -194.10%.
MSTR Dividends
Microstrategy Inc is expected to release its next quarterly earnings report in February.
Microstrategy Inc (NASDAQ:MSTR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.20% of Microstrategy Inc shares while 42.13% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 42.22%. There are 42.13% institutions holding the Microstrategy Inc stock share, with CAPITAL INTERNATIONAL INVESTORS the top institutional holder. As of 2024-06-30, the company held 10.0356% of the shares, roughly 1.73 million MSTR shares worth $2.38 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.0157% or 1.55 million shares worth $2.14 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Growth Fund of America Inc and Fundamental Investors Inc. With 8.24 shares estimated at $2.78 billion under it, the former controlled 3.64% of total outstanding shares. On the other hand, Fundamental Investors Inc held about 2.78% of the shares, roughly 6.28 shares worth around $2.12 billion.
