Wall Street analysts’ recommendations can impact stock prices, but are they reliable? Strategy (MSTR) has an ABR of 1.33, indicating a Strong Buy. However, studies show brokerage recommendations may not always lead to profitable investments due to bias. Instead, consider using Zacks Rank for more accurate stock predictions based on earnings estimate revisions.
Earnings estimate revisions for Strategy have remained steady, resulting in a Zacks Rank #3 (Hold). With an unchanged consensus estimate of $78.04 for the current year, analysts’ views on the company’s earnings prospects could lead to average market performance. Exercise caution when considering the Buy-equivalent ABR for Strategy.
Read more at Nasdaq: Is Strategy (MSTR) a Buy as Wall Street Analysts Look Optimistic?
