MicroStrategy Incorporated (NASDAQ:MSTR) has received a consensus recommendation of “Hold” from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $155.75.

MSTR has been the topic of a number of recent analyst reports. Deutsche Bank decreased their target price on shares of MicroStrategy to $150.00 and set a “hold” rating on the stock in a research report on Friday, September 15th. BidaskClub cut shares of MicroStrategy from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Zacks Investment Research raised shares of MicroStrategy from a “strong sell” rating to a “hold” rating in a research report on Friday, September 29th. Mizuho decreased their target price on shares of MicroStrategy from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, October 27th. Finally, Citigroup reaffirmed a “hold” rating and issued a $133.00 target price (down previously from $191.00) on shares of MicroStrategy in a research report on Thursday, September 21st.

Shares of MicroStrategy (MSTR) opened at $131.30 on Tuesday. MicroStrategy has a 1-year low of $122.90 and a 1-year high of $205.96. The stock has a market cap of $1,502.99, a PE ratio of 20.23 and a beta of 0.66.

MicroStrategy (NASDAQ:MSTR) last posted its earnings results on Thursday, October 26th. The software maker reported $1.56 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.56. MicroStrategy had a net margin of 14.81% and a return on equity of 12.90%. The company had revenue of $125.20 million for the quarter, compared to analysts’ expectations of $125.78 million. During the same quarter in the prior year, the company posted $2.90 earnings per share. MicroStrategy’s revenue for the quarter was down 3.6% compared to the same quarter last year. analysts anticipate that MicroStrategy will post 4.54 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California Public Employees Retirement System lifted its position in shares of MicroStrategy by 5.5% during the third quarter. California Public Employees Retirement System now owns 27,018 shares of the software maker’s stock worth $3,450,000 after purchasing an additional 1,418 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of MicroStrategy during the third quarter worth about $817,000. Janus Henderson Group PLC lifted its position in shares of MicroStrategy by 78.3% during the third quarter. Janus Henderson Group PLC now owns 192,916 shares of the software maker’s stock worth $24,637,000 after purchasing an additional 84,721 shares in the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of MicroStrategy during the third quarter worth about $32,366,000. Finally, Western Standard LLC acquired a new stake in shares of MicroStrategy during the third quarter worth about $658,000. 74.28% of the stock is currently owned by institutional investors.

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MicroStrategy Company Profile

MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.

Analyst Recommendations for MicroStrategy (NASDAQ:MSTR)

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