Strategy Inc. (MSTR)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-15
$129.60-5.36%
Close 2026-09-15 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-15
Research Workspace
Put MSTR beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar broken — Stabilize or improve EPS above $10 in FY27: EPS -24.5 vs 10 target.
View ThesisManagement screens weak on capital allocation, earnings delivery, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 4% on a typical day and fell roughly 77% in its worst 12-month stretch.
View RiskMSTR's growth depends on stabilizing or improving EPS above $10 in FY27. The latest earnings report showed an EPS of -24.5, missing the target significantly. The stock trades at 99× P/S, compared to a peer median of 4×, indicating that expectations look modest versus our view. If MSTR cuts guidance on the next call, that could negatively impact the stock. Peer multiples imply a price about 24% above where it trades. The thesis has broken due to the primary pillar failing to meet its target.
Trailing returns as of 2026-09-15. MSTR is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 16 analysts currently covering MSTR (as of Sep 2026).
Based on 9 Wall Street analysts offering 12-month price targets for MSTR in the last 4 months.
Continue this research
Compare MSTR with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| MSTR Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-09-15. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put MSTR next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Repurchase of Convertible Notes
Doubling repurchase program directly supports capital allocation objective.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-15. EPS is implied from price ÷ P/E. Not investment advice.
Current $129.60
The last 12 months of price, then the range of analyst 12-month targets from today’s $129.60.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
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.
Negative outlook suggests potential failure in growth strategy.
Advances: Acquisition Activity
Increases growth potential through Bitcoin acquisition.
Advances: Repurchase of Convertible Notes
Resuming bitcoin purchases supports capital allocation strategy.
Advances: Acquisition Activity
Bitcoin rise supports acquisition activity and growth potential.
Advances: Acquisition Activity
Acquisition of Bitcoin aligns with growth strategy.
Significant Bitcoin purchase enhances growth strategy.
Risk of index removal could affect capital allocation.