MicroStrategy Inc (NASDAQ: MSTR) has reported a loss for its first fiscal quarter (ending March 31) of $-3.09 versus $38.97 for the same period a year ago — a decline of -108%. This result fell short of the consensus estimate of $-0.42 by $-2.67. For the latest four quarters through March 31, E.P.S. were $-5.69 compared to $-79.36 a year ago.
Recent Price Action
MicroStrategy Inc (NASDAQ: MSTR) stock rose modestly by 0.8% on 4/29/24. The stock closed at $1292.97. However, this advance was accompanied by exceptionally low trading volume at 39% of normal. The stock has risen 10.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, MSTR is expected to continue to be a modest Value Builder.
MicroStrategy has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. MicroStrategy has a very low Appreciation Score of 8 but a very high Power Rating of 92, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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