What is MSTR stock forecast?

MicroStrategy Incorporated forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

MSTR

MicroStrategy Incorporated

NASDAQ: MSTR · TECHNOLOGY · SOFTWARE - APPLICATION

$158.19

-4.54% today

Updated 2026-04-29

Market cap

$57.97B

P/E ratio

—

P/S ratio

121.47x

EPS (TTM)

$-15.24

Dividend yield

—

52W range

$104 – $457

Volume

19.6M

Market cap

$57.97B

P/E ratio

—

P/S ratio

121.47x

EPS (TTM)

$-15.24

Dividend yield

—

52W range

$104 – $457

Volume

19.6M

MicroStrategy Incorporated (MSTR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$158.19

Consensus

$349.15

+120.72%

2030 Target

$23.97

-84.85%

DCF

—

Current price

$158.19

Analyst consensus

$349.15

+120.72%

2030 Target

$23.97

-84.85%

Intrinsic (DCF)

—

14 analysts:

4 Buy2 Hold0 Sell

Management guidance

CEO Michael Saylor has not provided specific revenue targets through 2030. Management's primary strategic focus is acquiring and holding Bitcoin as a treasury asset rather than growing software revenues. Company stated Bitcoin purchases will continue quarterly with equity issuance as funding mechanism, but no explicit revenue guidance for software business segment.

Sources: Management guidance, analyst consensus, sector analysismedium confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$35.95

$0.6B Rev × 20x P/S

Base case (2030)

$23.97

$0.6B Rev × 12x P/S

Bear case (2030)

$11.98

$0.6B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$0.5B	$0.5B	$0.5B	$0.5B	$0.5B	$0.5B	$0.5B	$0.6B
Revenue growth	—	-6.6%	3.0%	4.6%	2.4%	2.7%	3.0%	3.1%
EPS	—	—	—	$53.21	$42.13	$38.50	$35.20	$32.80
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$11.98	$11.98	$23.97	$23.97	$23.97

Catalysts & risks

Growth catalysts

+ Bitcoin price appreciation driving mark-to-market gains on 714,644 BTC holdings ($51B+ treasury value)

+ Continued equity issuance funding Bitcoin accumulation strategy

+ Potential MSCI index inclusion/exclusion decisions affecting passive fund flows

+ Software business stabilization after years of flat-to-negative growth

+ AI/analytics platform adoption acceleration in enterprise segment

Key risks

- Core software business revenue stagnation (5-year CAGR: -0.1%, 2025 only +2.97% growth)

- Extreme Bitcoin price volatility creating balance sheet stress (reported $14.46B Q1 2026 unrealized losses)

- Potential balance sheet insolvency if Bitcoin drops significantly below current levels

- Massive equity dilution from continuous stock sales for Bitcoin purchases (345.59M shares outstanding, high dilution risk)

- Leveraged bet on single asset class (Bitcoin) with regulatory/adoption risks

- High operating margins turning negative due to crypto mark-to-market losses overwhelming software gross margins

Methodology

MicroStrategy Incorporated's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.