Strategy Inc (NASDAQ:MSTR) is one of the 12 tech stocks with the biggest upside potential. On January 26, Cantor Fitzgerald initiated coverage of Strategy Inc (NASDAQ:MSTR) with a Buy rating, citing confidence in the company’s long-term strategy. The firm has a price target of $213 for the shares, implying a further 49% upside from the current levels. In a research note to investors, the analysts said that they remain confident about bitcoin’s prospects. They added that ongoing institutional adoption is expected to continue, a trend the firm believes supports MSTR’s long-term vision.
While the company’s core software business represents a relatively small part of the overall investment thesis, Cantor Fitzgerald noted that a potential turnaround in that segment could generate steady cash flow. The firm said that this cash flow could then be used to support further bitcoin accumulation.
Additionally, TD Cowen analyst Lance Vitanza maintained his Buy rating and a price target of $440 on the stock on January 20. The firm’s price target suggests a further 207% upside from the current levels. This upside is consistent with the median Wall Street analyst estimate of 215%, based on 17 analysts covering the stock.
Strategy Inc (NASDAQ:MSTR) is a bitcoin treasury company operating across the United States, the Middle East, Europe, Africa, and globally. It provides investors with different levels of economic exposure to Bitcoin through a variety of securities. The company also offers AI-powered enterprise analytics software, including Strategy Mosaic and Strategy One.
While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.