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Strategy Inc (MSTR) a Strong Buy, Analysts Forecast 193% Upside

Strategy Inc (NASDAQ:MSTR) is among the 10 best meme stocks to buy now. On February 9, Cantor Fitzgerald trimmed its price target on the stock to $192 from $213, while keeping an Overweight rating.

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

This follows BTIG’s adjustment on February 6, when the firm slashed its price target to $250 from $630, citing a sharp decline in bitcoin prices in the lead-up to the bitcoin treasury company’s Q4 earnings call.

However, BTIG reiterated a Buy rating on the stock. In a research note to investors, the firm noted that Strategy Inc (NASDAQ:MSTR)’s convertible debt was “extremely over-collateralized” and added that the company had about two and a half years of dollar reserves available to make preferred equity dividend payments.

Despite recent price cuts, the stock carries a Strong Buy rating and has an average share price upside of 192.54% as of the close on February 12.

Strategy Inc (NASDAQ:MSTR) reported a net loss of $42.93 per share during the fourth quarter, compared with a loss of $3.03 per share in the prior year’s period. The widening losses were driven by a volatile period for digital assets, which led to significant losses on the company’s holdings.

Strategy Inc (NASDAQ:MSTR) is the largest corporate holder of Bitcoin in the world. As of February 1, it held 713,502 bitcoins with a total cost of $54.26 billion.

While we acknowledge the risk and potential of MSTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSTR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best American Defense Stocks to Buy According to Wall Street Analysts and 12 Most Profitable NASDAQ Stocks to Buy Right Now.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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