Reading ASST? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track ASST free→Reading ASST? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track ASST free→NASDAQFinancialsAsset ManagementSnapshot 2026-06-15
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and management's recent track record has been unsteady, with frequent disruptive corporate changes. Earnings quality cannot be assessed as the company was unprofitable over the past year, and risk is high. The sector backdrop is a headwind, and compared with sector peers, it is below typical. Peer multiples imply a price about 22% above where it trades (it looks cheap on this basis); the read is fair, but weakening, as it is priced roughly in line with peers, but recent financials or earnings quality are weakening. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 1 valuation methods, at three horizons. Current price $16.67. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $17, ASST's earnings are too small for P/E to mean much; on sales it trades at 165× p/s (49.4× the 3× p/s peer median). That gap is an optionality premium a financial-multiple model can't price — our $23 fair value covers only the as-is business, low confidence. Analysts: $30–$38. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price sits about 26% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
Over the trailing year it converted 0.17x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
32 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated volatile grew net income 54% of the time over the next year (vs 57% for the rest of the cohort, n=3774).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.10 → $-0.24 (-145.0% / 30d). 0 raised, 1 cut, 2 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 100% of analysts rate Buy.
1 PT revisions / 30d. Avg target 78.7% above current price.
0 positive, 0 negative / 30d.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$495.
How much price usually moves either way.
On a bad day, this stock has moved -$1,522.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $9,598.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Valuation label changed from 'inexpensive' to 'fair'.
Valuation changed. It rose from "inexpensive" to "fair." Risk remained high. The sector backdrop is a headwind. Earnings quality is loss-making. Management is volatile and capital-unfriendly. Recent financial performance is weak.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings results will show how well Strive is doing financially and in the market.
Confirms one read:Earnings report shows revenue growth exceeding 15% year over year.
Confirms the other:Earnings report shows revenue growth below 10% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for ASST yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Other Events. Dividend Rate on SATA Stock On June 15, 2026, Strive, Inc. ("Strive" or the "Company") announced that its board of directors maintained the regular dividend rate per annum on the Company’s SATA Stock at 13.00%, effective for periods commencing on or after July 1, 2026. Cash Dividend Declaration Strive also announced that its board of directors declared daily cash dividends of $0.0493 (or $1.0846 in the aggregate for the full monthly period) per share of SATA Stock for each busin…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
$30.00 – $38.00 (median $36.00) · 3 analysts · as of 2026-05-18
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Asset Management & Custody Banks.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
ASST Strive, Inc. | Below typical Show detailsSector percentile: 5 of 100 | fair | high |
BLK BlackRock | Typical Show detailsSector percentile: 62 of 100 | expensive | moderate |
BX Blackstone Inc. | Below typical Show detailsSector percentile: 23 of 100 | expensive | elevated |
BNY BNY Mellon | Typical Show detailsSector percentile: 62 of 100 | full | low |
BK BNY Mellon | Above typical Show detailsSector percentile: 100 of 100 | inexpensive | high |
Not investment advice. As of 2026-06-15.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Strive, Inc. is focused on increasing its Bitcoin holdings as part of its capital allocation strategy.
Stated in 3 of last 3 quarters. Strive has consistently increased its Bitcoin holdings, purchasing 73 bitcoin at an average price of $63,646 in the latest period. This reflects a recurring focus on Bitcoin as a strategic asset, with substantive delivery in terms of increased holdings.
“Strive purchased 73 bitcoin at an average price of approximately $63,646 per bitcoin.”
“Strive purchased 32 bitcoin at an average price of approximately $63,911 per bitcoin.”
“Strive purchased 2,500 bitcoin at an average price of approximately $74,092 per bitcoin.”
Strive, Inc. is committed to maintaining the regular dividend rate on its SATA Stock at 13.00%.
Newly stated in 2026-Q2. Strive has committed to maintaining the dividend rate on its SATA Stock at 13.00%. This reflects a stable capital allocation strategy, although financials show a net income loss of $265.9M in 2026-Q1, indicating limited progress in profitability.
“Strive announced its board maintained the regular dividend rate per annum on the Company’s SATA Stock at 13.00%.”
Strive is evaluating a refresh of its at-the-market programs to potentially increase the offering size.
Newly stated in 2026-Q2. Strive is considering increasing the ATM program size by $2.1 billion. This strategic move is aimed at enhancing capital flexibility, though the company reported a significant operating loss of $313.1M in 2026-Q1, indicating financial challenges.
“Strive expects to increase the maximum aggregate offering size of each ATM program by $2.1 billion.”
Why it matters: Changes in finance can impact Strive's market conditions.
Confirms one read:If sector revenue growth stabilizes or improves, it shows a healthier market.
Confirms the other:If sector revenue growth falls below its median, it shows possible challenges.
Why it matters: How Strive uses capital after debt shows its financial health and goals.
Confirms one read:A press release about a big investment or acquisition funded by the new debt.
Confirms the other:No new investments or acquisitions show a careful way to use money.
Other Events. On June 15, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from June 8, 2026 through June 14, 2026, Strive purchased 73 bitcoin at an average price of approximately $63,646 per bitcoin, inclusive of fees and expenses. The Company also announced the following updates to its holdings of cash and cash equivalents, bitcoin, and Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (the "STRC Stock") and shares outstanding of Class…
Other Events. On June 8, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from June 2, 2026 through June 7, 2026, Strive purchased 32 bitcoin at an average price of approximately $63,911 per bitcoin, inclusive of fees and expenses. The Company also announced the following updates to its holdings of cash and cash equivalents, bitcoin, and Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (the "STRC Stock") and shares outstanding of Class A…
Other Events. As previously disclosed, on September 15, 2025, Strive, Inc., a Nevada corporation (the “Company”), entered into a Controlled Equity Offering SM Sales Agreement (the “ASST Sales Agreement”) with Cantor Fitzgerald & Co. (“Cantor”), relating to the sale of shares of our Class A common stock, par value $0.001 per share (the “Common Stock” and together with the SATA Stock, the “Shares”). On June 5, 2026, the Company, Cantor and Barclays Capital Inc., Clear Street LLC, The Benchmark…
Material Modifications to Rights of Security Holders. On June 5, 2026, the Company filed (i) a Certificate of Amendment (the “Certificate of Amendment”), effective on June 5, 2026, to the Certificate of Designation filed on November 7, 2025 and effective on November 10, 2025, as amended by the Certificate of Amendment to Designation filed on December 9, 2025, relating to our Variable Rate Series A Perpetual Preferred Stock, par value $0.001 per share (the “SATA Stock”) and (ii) a Certificate…