Analysts who follow MicroStrategy Incorporated (MSTR) on average expect it to gain 16.07% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns MicroStrategy Incorporated an Analyst Ranking of 23, which means it ranks higher than 23 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With MicroStrategy Incorporated Stock Today?
MicroStrategy Incorporated (MSTR) stock is lower by -1.23% while the S&P 500 has gained 0.16% as of 11:35 AM on Thursday, Sep 24. MSTR is down -$1.82 from the previous closing price of $148.28 on volume of 31,461 shares. Over the past year the S&P 500 is up 8.61% while MSTR is down -2.08%. MSTR earned $2.53 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 57.78.