MIGA Stock Chart & Stats
€106.40
-€2.43(-2.91%)
At close: 4:00 PM EDT
€106.40
-€2.43(-2.91%)
Day’s Range― - ―
52-Week Range€72.00 - €310.50
Previous CloseN/A
Volume355.00
Average Volume (3M)8.24K
Market Cap
€51.59B
Enterprise Value€49.41K
Total Cash (Recent Filing)€2.45B
Total Debt (Recent Filing)€6.77B
Price to Earnings (P/E)―
Beta1.29
Next Earnings
Nov 04, 2026EPS Estimate
12.12Next Dividend Ex-DateN/A
Dividend Yield0.08%
Share Statistics
EPS (TTM)-95.95
Shares Outstanding364,585,500
10 Day Avg. Volume3,966
30 Day Avg. Volume8,244
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)0.88
Price to Sales (P/S)93.61
P/FCF Ratio-1.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€196.21Price Target Upside84.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)-21.93
Revenue Forecast (FY)€433.54M
Bulls Say, Bears Say
Bulls Say
Strong Revenue Growth And Gross MarginExceptional revenue growth and a solid gross margin indicate that Strategy’s enterprise analytics platform can generate meaningful gross profit as demand expands. If this operating momentum persists, it can support greater scale, investment in data and AI-enabled applications, and stronger competitive positioning over the next several quarters.
Improved Balance-Sheet LeverageModerate leverage gives Strategy more financial flexibility than its earlier capital structure, reducing the immediate burden of debt relative to shareholder capital. This healthier balance-sheet profile can help the company manage obligations, preserve strategic options, and withstand volatility while it develops its software and treasury activities.
Substantial Liquidity ReservesLarge dollar reserves provide a meaningful liquidity buffer for preferred dividends, interest, bitcoin purchases, and broader capital management. This framework reduces near-term dependence on asset sales or additional financing to meet obligations and gives management greater flexibility to navigate bitcoin volatility over the coming months.
Bears Say
Deep And Volatile LossesDeep operating and net losses weaken earnings quality and make reported results difficult to forecast. Although gross profit remains positive, the current cost and loss structure limits internally generated earnings power, constrains reinvestment capacity, and leaves the company more exposed to changes in non-operating items.
Negative Operating Cash FlowPersistent negative operating cash flow indicates that the core business is not consistently funding itself through operations. The gap between operating cash flow, free cash flow, and deeply negative net income increases uncertainty around cash generation and may require continued reliance on financing or other non-operating sources.
High Bitcoin Concentration And Earnings VolatilityStrategy’s large bitcoin treasury makes reported earnings and balance-sheet values highly sensitive to digital-asset movements. The Q2 unrealized loss demonstrates that this exposure can overwhelm software operating performance, creating substantial volatility in results and reducing the predictability of shareholder returns and capital planning.
Strategy News
MIGA FAQ
What was Strategy’s price range in the past 12 months?
Strategy lowest stock price was €72.00 and its highest was €310.50 in the past 12 months.
What is Strategy’s market cap?
Strategy’s market cap is €51.59B.
When is Strategy’s upcoming earnings report date?
Strategy’s upcoming earnings report date is Nov 04, 2026 which is in 43 days.
How were Strategy’s earnings last quarter?
Strategy released its earnings results on Jul 30, 2026. The company reported -€21.188 earnings per share for the quarter, missing the consensus estimate of -€1.897 by -€19.291.
Is Strategy overvalued?
According to Wall Street analysts Strategy’s price is currently Undervalued.
Does Strategy pay dividends?
Strategy does not currently pay dividends.
What is Strategy’s EPS estimate?
Strategy’s EPS estimate is 12.12.
How many shares outstanding does Strategy have?
Strategy has 364,585,500 shares outstanding.
What happened to Strategy’s price movement after its last earnings report?
Strategy reported an EPS of -€21.188 in its last earnings report, missing expectations of -€1.897. Following the earnings report the stock price went down -3.226%.
Which hedge fund is a major shareholder of Strategy?
Currently, no hedge funds are holding shares in DE:MIGA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Strategy Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€196.21 (84.41% Upside)
€196.21 (84.41% Upside)
Blogger Sentiment
Neutral
DE:MIGA Sentiment 59%
Sector Average 62%
Sector Average 62%
Insider Transactions
Sold Shares
Worth €972.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.12%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-18.85%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Strategy
Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
MIGA Company Deck
MIGA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple record operating metrics (originations, fundings, total and net investment income), strong liquidity and reduced leverage, robust portfolio capital raises, and recurring contributions from the Adviser business. Credit metrics showed modest deterioration (small increase in lower-grade loans, one additional non-accrual) and expenses rose due to variable compensation and taxes, but these negatives are limited in magnitude relative to the positive operational momentum. Management reiterated disciplined underwriting and conservative balance sheet posture while possessing the liquidity and platform scale to capitalize on market opportunities.View all DE:MIGA earnings summariesMIGA Revenue Breakdown
57.26% U.S.
31.42% EMEA
11.32% Other Regions
MIGA Stock 12 Month Forecast
Average Price Target
€196.21
▲(84.41% Upside)