HC Wainwright Has Weak Estimate for Strategy FY2026 Earnings

Strategy Inc (NASDAQ:MSTR) – Stock analysts at HC Wainwright lowered their FY2026 earnings per share estimates for shares of Strategy in a research note issued to investors on Friday, October 30th. HC Wainwright analyst M. Colonnese now forecasts that the software maker will post earnings of $46.31 per share for the year, down from their prior forecast of $65.56. HC Wainwright has a “Buy” rating and a $250.00 price target on the stock. The consensus estimate for Strategy’s current full-year earnings is ($15.60) per share. HC Wainwright also issued estimates for Strategy’s Q4 2026 earnings at $44.59 EPS, Q1 2027 earnings at $6.26 EPS, Q2 2027 earnings at $20.35 EPS, Q3 2027 earnings at $7.16 EPS and Q4 2027 earnings at $14.00 EPS.

Other analysts have also issued reports about the stock. Canaccord Genuity Group raised their price objective on shares of Strategy from $175.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, September 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Strategy in a research report on Monday. Mizuho set a $165.00 target price on Strategy in a research note on Monday, August 10th. BTIG Research restated a “buy” rating and issued a $250.00 target price on shares of Strategy in a research note on Friday. Finally, Alliance Global Partners initiated coverage on Strategy in a research report on Tuesday, September 1st. They set a “buy” rating and a $217.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Strategy has an average rating of “Moderate Buy” and an average target price of $245.86.

Strategy Stock Up 0.2%

Shares of Strategy stock opened at $130.76 on Tuesday. The company’s fifty day simple moving average is $143.90 and its two-hundred day simple moving average is $134.30. Strategy has a 12-month low of $81.81 and a 12-month high of $270.36. The company has a current ratio of 5.39, a quick ratio of 5.39 and a debt-to-equity ratio of 0.22. The company has a market cap of $50.24 billion, a P/E ratio of -2.15 and a beta of 3.56.

Strategy (NASDAQ:MSTR) last released its quarterly earnings results on Thursday, October 29th. The software maker reported $44.75 EPS for the quarter, beating analysts’ consensus estimates of $20.19 by $24.56. The business had revenue of $125.43 million during the quarter, compared to analyst estimates of $127.76 million. Strategy had a negative return on equity of 74.18% and a negative net margin of 6,102.95%. Strategy’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $8.42 EPS.

Hedge Funds Weigh In On Strategy

Several large investors have recently made changes to their positions in the business. Westfuller Advisors LLC purchased a new stake in shares of Strategy in the 1st quarter worth approximately $25,000. Root Financial Partners LLC purchased a new position in Strategy during the third quarter valued at $38,000. Ancora Advisors LLC boosted its holdings in Strategy by 111.7% in the second quarter. Ancora Advisors LLC now owns 290 shares of the software maker’s stock worth $25,000 after acquiring an additional 153 shares in the last quarter. Continuum Advisory LLC bought a new stake in Strategy in the second quarter worth $26,000. Finally, Rosenberg Matthew Hamilton bought a new stake in Strategy in the third quarter worth $52,000. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Strategy

In related news, Director Jarrod Patten sold 2,775 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $125.33, for a total transaction of $347,790.75. Following the sale, the director owned 28,406 shares of the company’s stock, valued at $3,560,123.98. The trade was a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders have sold 10,200 shares of company stock worth $1,443,356. Company insiders own 5.40% of the company’s stock.

Strategy News Roundup

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Strategy purchased 811 Bitcoin for approximately $65.5 million at an average price of $80,846, bringing its holdings to 849,327 BTC. The purchase reinforces Michael Saylor’s commitment to expanding the company’s Bitcoin treasury and likely helped support the stock. Strategy Buys 811 Bitcoin for $65.5M as Reserve Reaches $4.9B
• Positive Sentiment: The Q3 earnings call highlighted plans to accelerate Bitcoin accumulation through preferred securities, stronger liquidity and expansion of Strategy’s digital-credit business. Management’s broader financing strategy may improve access to capital for future purchases. Strategy Earnings Call Highlights Bitcoin and Credit Growth
• Positive Sentiment: Strategy repurchased approximately $208.2 million of its STRC preferred stock, a move that could reduce preferred-share obligations and support the capital structure. Analysts also maintained bullish views, including a reiterated “Buy” rating from BTIG.
• Neutral Sentiment: The company sold 1.18 million common shares for $164 million, using proceeds for Bitcoin purchases and cash reserves. The fundraising strengthens liquidity but increases the number of shares outstanding.
• Neutral Sentiment: Strategy’s reported Q3 results benefited substantially from unrealized Bitcoin gains, while revenue declined year over year. Investors are therefore likely to focus more on Bitcoin prices, financing access and asset coverage than on the software business alone.
• Negative Sentiment: Bitcoin-linked equities experienced a difficult October, and higher Treasury yields have reduced demand for riskier assets. Continued cryptocurrency weakness or further ETF outflows could pressure MSTR because of its high sensitivity to Bitcoin prices. Strategy’s Michael Saylor Blames These 3 Factors for Bitcoin’s Recent Sluggish Performance

Strategy Company Profile

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.