Strategy (MSTR) Expected to Post Earnings on Thursday

Strategy (NASDAQ:MSTR) is projected to announce its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Strategy to announce earnings of $0.7850 per share and revenue of $121.8840 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

Strategy (NASDAQ:MSTR) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported ($38.25) earnings per share for the quarter, missing the consensus estimate of ($0.86) by ($37.39). Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The business had revenue of $124.30 million for the quarter, compared to the consensus estimate of $120.75 million. During the same quarter last year, the firm earned ($16.49) EPS. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, analysts expect Strategy to post $57 EPS for the current fiscal year and $25 EPS for the next fiscal year.

Strategy Price Performance

Shares of MSTR opened at $100.01 on Thursday. The stock has a 50 day simple moving average of $120.77 and a 200 day simple moving average of $138.10. Strategy has a 52-week low of $81.81 and a 52-week high of $424.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 6.05 and a current ratio of 6.05. The firm has a market capitalization of $35.05 billion, a PE ratio of -2.49 and a beta of 3.54.

Insider Buying and Selling

In related news, CFO Andrew Kang sold 33,062 shares of Strategy stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $118.73, for a total value of $3,925,451.26. Following the sale, the chief financial officer owned 68,733 shares of the company’s stock, valued at approximately $8,160,669.09. This trade represents a 32.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Phong Le sold 93,738 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $118.73, for a total value of $11,129,512.74. Following the completion of the sale, the chief executive officer owned 119,925 shares in the company, valued at $14,238,695.25. The trade was a 43.87% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders bought 11,166 shares of company stock worth $1,014,265 and sold 181,522 shares worth $23,448,502. 6.49% of the stock is owned by corporate insiders.

Institutional Trading of Strategy

A number of institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. lifted its position in shares of Strategy by 55.2% in the fourth quarter. Sunbelt Securities Inc. now owns 2,094 shares of the software maker’s stock worth $318,000 after purchasing an additional 745 shares in the last quarter. Axxcess Wealth Management LLC grew its position in Strategy by 21.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 11,202 shares of the software maker’s stock valued at $1,702,000 after purchasing an additional 1,986 shares in the last quarter. Corient Private Wealth LLC increased its stake in Strategy by 510.8% in the 4th quarter. Corient Private Wealth LLC now owns 72,102 shares of the software maker’s stock valued at $10,872,000 after buying an additional 60,298 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Strategy by 5.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 62,024 shares of the software maker’s stock valued at $9,320,000 after buying an additional 3,240 shares during the last quarter. Finally, Beacon Pointe Advisors LLC increased its stake in Strategy by 9.3% in the 4th quarter. Beacon Pointe Advisors LLC now owns 4,989 shares of the software maker’s stock valued at $758,000 after buying an additional 423 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

More Strategy News

Here are the key news stories impacting Strategy this week:

• Negative Sentiment: Strategy disclosed it sold 2.73 million Class A shares, raising about $263.5 million, which increases dilution concerns for existing shareholders. Why Strategy (MSTR) Stock Is Down Today
• Negative Sentiment: The company reported that it did not purchase any Bitcoin in the July 13–19 period, disappointing investors who expect equity raises to be used to expand BTC holdings. Strategy (MSTR) Stock Drops 3%—What Triggered It?
• Negative Sentiment: Bitcoin weakness is adding to the selloff, and because MSTR trades like a leveraged proxy for BTC, crypto moves continue to have an outsized impact on the stock. Crypto Equities HOOD, COIN, MSTR Slide With Broader Market After Oil Hits Five-Week High
• Negative Sentiment: Recent headlines also highlight that Strategy paused Bitcoin purchases for a fourth straight week, reinforcing concerns that the company is shifting from accumulation to reserve management. Strategy Skips Bitcoin Purchases Despite $263.5M MSTR Share Sale

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Mizuho cut their price target on shares of Strategy from $265.00 to $213.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 7th. Credit Suisse Group set a $250.00 price target on shares of Strategy in a report on Tuesday, June 30th. Benchmark reissued a “buy” rating on shares of Strategy in a research report on Tuesday, June 2nd. Cantor Fitzgerald restated an “overweight” rating on shares of Strategy in a report on Monday, June 15th. Finally, Monness Crespi & Hardt reaffirmed a “neutral” rating on shares of Strategy in a research report on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $266.31.

Strategy Company Profile

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.