MicroStrategy (MSTR) to Release Quarterly Earnings on Wednesday

MicroStrategy (NASDAQ:MSTR - Get Free Report) is expected to be posting its Q4 2024 quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect MicroStrategy to post earnings of ($0.13) per share and revenue of $122.73 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 17.31% and a negative net margin of 87.05%.

MicroStrategy Stock Performance

MSTR traded down $11.24 during midday trading on Thursday, hitting $325.46. 12,762,966 shares of the company traded hands, compared to its average volume of 18,231,248. The company's 50-day moving average is $356.27 and its 200 day moving average is $254.50. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of $78.00 billion, a PE ratio of -154.47 and a beta of 3.25. MicroStrategy has a 52 week low of $46.75 and a 52 week high of $543.00.

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Insiders Place Their Bets

In other MicroStrategy news, EVP Wei-Ming Shao sold 18,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $368.01, for a total value of $6,624,180.00. Following the completion of the sale, the executive vice president now owns 6,460 shares in the company, valued at approximately $2,377,344.60. This represents a 73.59 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephen X. Graham sold 20,000 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $451.36, for a total value of $9,027,200.00. Following the completion of the transaction, the director now owns 6,970 shares in the company, valued at $3,145,979.20. The trade was a 74.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,050 shares of company stock worth $16,314,110. Company insiders own 9.16% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Maxim Group raised their target price on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday. Compass Point upgraded MicroStrategy to a "strong-buy" rating in a research report on Wednesday, January 29th. Sanford C. Bernstein reissued an "outperform" rating and issued a $600.00 target price on shares of MicroStrategy in a research report on Thursday, December 12th. Canaccord Genuity Group cut their price target on MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Cantor Fitzgerald boosted their target price on shares of MicroStrategy from $613.00 to $619.00 and gave the company an "overweight" rating in a research report on Thursday. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $544.78.

About MicroStrategy

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.