From Nasdaq: 2024-06-13 18:11:11

On June 13, 2024, Bernstein initiated coverage of MicroStrategy (NasdaqGS:MSTR) with an Outperform recommendation. The average one-year price target is $1,792.09, suggesting an 11.75% upside from the latest closing price of $1,603.67. The projected annual revenue is $540MM with a non-GAAP EPS of 0.43.

There are 854 funds or institutions reporting positions in MicroStrategy, indicating a 40.00% increase in the last quarter. The put/call ratio is 1.15, showing a bearish outlook. Capital International Investors holds 10.10% ownership, AGTHX holds 4.73%, ANCFX holds 3.45%, and VTSMX holds 2.66% ownership.

MicroStrategy is a leader in enterprise analytics and mobility software, providing innovative solutions for better decision-making and transforming businesses. Fintel offers comprehensive investing research for individual investors, traders, financial advisors, and small hedge funds, covering fundamentals, analyst reports, ownership data, fund sentiment, and more. The exclusive stock picks are backed by advanced quantitative models for improved profits.

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