Strategy Inc. (NASDAQ:MSTR) is set to report financials for the first quarter after the market close on Tuesday. Here’s what you need to know before the announcement.
Strategy To Report Loss?
Analysts estimate the Bitcoin (CRYPTO: BTC) treasury company to report a loss of $15.87 per share, a marked reversal from a profit of $16.36 per share in the previous quarter.
The company is forecast to announce quarterly revenue of $124.97 million, representing a 12.5% year-over-year increase.
The MSTR stock has a consensus price target of $401.06 from 19 analysts, with the highest forecast of $705 issued by Benchmark in August last year. The latest rating by Cantor Fitzgerald raised the price target from $192 to $212, while the previous one by TD Cowen slashed it from $440 to $350.
data-variant=”card”
data-news-mode=”manual”
>
Read …
