Strategy Inc — Intrinsic Value & Fair Price

MSTR

NASDAQTechnologySoftware - ApplicationCIK 0001050446strategy.comAbout MSTR

Last close · Oct 16, 2026136.83−14.46 (−9.56%)

Market cap$55.1B

Model value

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Strategy closed at $136.83; the models produced no usable figure for this snapshot.

No model could give MSTR a usable value.

Other models

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Wall St. target

208.00 34% below

Past year

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Price and model value

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What the marks mean

Daily close

Valuation models

price $136.83 · as of Oct 17, 2026

No headline model value. No model that could stand for an approach returned a value inside the sanity band around the price, so there is no one number. Each model's result is still shown below.

Wall St. consensus target—208.0034% below Cost of capital (WACC)—12.10%—

How we value a stock walks through every input.

engine pkg:0.1.0

Research on MSTR

No posts on MSTR yet.

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How it is valued

Valued asLoss-Making

Revenue declining (~-2% recent)Currently unprofitableHighly cyclical earningsNegative free cash flow

What growth the price implies: the reverse DCF

Key figures

FY2025

P/E

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EV / EBITDA

-9.3×

FCF yield

-0.3%

Dividend yield, TTM

0.00%

Beta

3.57

Cost of capital (WACC)

12.10%

Full financials

Superinvestors

13F · Q2 2026

Bill MillerMiller Value Partners, LLC$4.4M BridgewaterBridgewater Associates, LP$484,026

All 2 holders

Analyst actions

third-party, quoted

10-16Cantor Fitzgerald · target208.00

10-09Barclays · target175.00

09-28Coker Palmer · target435.00

03-10B. Riley Securities · “Buy” from “Neutral”upgrade

Ratings, targets and estimates

Recent

filings, insider trades and key news

10-16DEFA14AAdditional proxy materials 10-16DEFA14AAdditional proxy materials 10-168-K · 7.01Regulation FD Disclosure 10-15DEFA14AAdditional proxy materials 10-14DEFA14AAdditional proxy materials 10-09Form 4 · MPatten Jarrod M · 1,350 sh@ 0.00

204 filings · 40 insider transactions

Comparable companies

by business, not by industry label

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Side by side:vs COIN

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just MSTR. No account.

About Strategy

Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.

CEO: Phong Q. Le
Headquarters: Tysons Corner, VA
Employees: 1,539
IPO: 1998-06-11

Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.