Why Strategy stock moves
Strategy was roughly unchanged without a company-news explanation.
Written after the close on ·
Why today
16,437 news analyzed todayStrategy was roughly unchanged without a company-news explanation.
Over the same session the S&P 500 rose slightly, so Strategy moved less than the market.
Technology sector shares rose clearly, so Strategy also lagged its sector.
Over the last five trading days Strategy was roughly unchanged, while the S&P 500 fell sharply and the Technology sector ETF fell very sharply.
The move was an ordinary size for Strategy, and trading volume was around its usual level.
Today's move of −0.29% was 0.1 times a normal day's 3.6%. S&P 500 moved +0.31% on the same day.
Strategy −0.29%S&P 500 +0.31%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for Strategy.
Strategy earned more than expected in 2 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 3 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $128.93
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of -$0.05 (February 4). For the current fiscal year, expected earnings per share changed from -$12.40 three months ago to -$5.35 now. 2026 estimate: -$5.35. 2027 estimate: $18.82.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed −48% and earnings per share went from -$6.06 to -$15.23.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): $54.6BRevenue 2025: $477M
What the key figures say about Strategy
The figures connect what Strategy earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: -$15.23–$2.64. Peers: Cadence Design Systems $5.03, Intuit $16.46, Adobe $17.91. 2026 estimate: -$5.35 (-$14.45–$2.28). 2027 estimate: $18.82 (-$4.28–$69.86).
What the company sold during the year.
2022–2025: $463M–$499M. Peers: Cadence Design Systems $6.1B, Intuit $21.4B, Adobe $26.0B. 2026 estimate: $500M ($496M–$506M). 2027 estimate: $516M ($454M–$537M).
The percentage of revenue left after the costs of running the business.
2022–2025: −13.6%–2.1%. Peers: Cadence Design Systems 29.6%, Intuit 28.8%, Adobe 35.7%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: −7.5%–19.8%. Peers: Cadence Design Systems 22.9%, Intuit 23.6%, Adobe 61.9%.
What investors pay for each unit the company sells.
2022–2025: 3.27–153.59. Peers: Cadence Design Systems 14.31, Intuit 4.25, Adobe 3.59. 2026 estimate: 109.13. 2027 estimate: 105.79.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 0.93–4.92. Peers: Cadence Design Systems 12.77, Intuit 4.83, Adobe 7.95.
Cash left after investments, divided by the number of shares.
2022–2025: -$90.08–-$2.49. Peers: Cadence Design Systems $6.40, Intuit $32.24, Adobe $27.21.
The percentage of assets financed by shareholders’ equity.
2022–2025: −15.9%–82.8%.
What to watch next, and why
The earnings report shows how Strategy's revenue and profit have changed.
- Earnings report
The earnings report shows how Strategy's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Strategy usually moved about 5.9%. On a normal day it moves 3.6%.
−7.84% −4.56% −0.04% +26.11%
$10,000 in Strategy bought on November 7, 2016 is worth $67,000 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in Strategy be worth today? →
What would $10,000 in Strategy be worth today?
$67,000
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
At worst it was worth $4,790 (March 18, 2020).
The five biggest days of the journey
· +29.2% · the whole market rose 0.7% the same day
· +26.5% · the whole market rose 0.2% the same day
· +26.4% · the whole market fell 0.5% the same day
· +26.1% · the whole market rose 2.0% the same day · report day
· −26.0% · the whole market fell 0.1% the same day · report day
Earlier days
−1.21% market −2.70% Strategy was roughly flat over the week, moving less than the broader market. Read →
Strategy was roughly flat over the week, moving less than the broader market.
The S&P 500 fell sharply over the same days.
The Technology sector fell even more.
Crypto-linked stocks fell on Bitcoin's sharp slide, and Strategy was among those hit on Thursday.
−9.29% market −4.41% Strategy fell, far more than the broader market after Bitcoin's steep drop. Read →
Strategy fell, far more than the broader market after Bitcoin's steep drop.
Strategy fell in line with the Technology sector ETF and more than the S&P 500 over the same day.
The stock fell clearly over the last five trading days, with trading volume about twice its usual level.
Its latest close sits well below last year's high but well above its low.
+5.09% market +1.65% Strategy rose after a Bitcoin purchase and buyback. Read →
Strategy rose after a Bitcoin purchase and buyback.
The S&P 500 rose sharply over the same day, so Strategy moved more than the market.
Over the last five trading days, Strategy was roughly unchanged, while the S&P 500 fell slightly and the Technology sector fell very sharply.
The move likely reflects investor reaction to the company's disclosed Bitcoin buying and its share buyback, both reported in the last session.
Strategy's Bitcoin purchases and buybacks are the main company news behind the move.
Learn more · Why do stocks go up and down?