Microstrategy: Benchmark maintains Buy, PT raised to $705 from $650.

Microstrategy: Benchmark maintains Buy, PT raised to $705 from $650.

Benchmark has maintained its Buy rating for MicroStrategy Incorporated (NASDAQ: MSTR), but has raised its price target to $705, up from $650. The update comes amidst strong analyst interest and recent positive news for the company.

MicroStrategy, known for its AI-powered enterprise analytics software and services, has seen a 38.8% increase in its stock price year-to-date, trading at $401.86 as of July 2, 2025, compared to $289.62 at the beginning of the year. The company reported earnings of $32.52 per share for the latest quarter, beating analysts' consensus estimates by $32.64.

Analysts at Benchmark praise MicroStrategy's strategic position in the AI and enterprise analytics market, noting its strong customer base and diverse service offerings. The company's recent quarterly earnings report highlighted a 2.7% increase in revenue compared to the same period last year.

Benchmark's new price target of $705 reflects the company's robust financial performance and potential for growth in the AI and enterprise analytics sector. The firm believes that MicroStrategy's continued investment in Bitcoin and its strong balance sheet position will support its stock price in the coming quarters.

Investors should closely monitor MicroStrategy's earnings reports and any new developments in the AI and enterprise analytics market. The company's recent stock performance and strong analyst sentiment suggest that it remains a favorable investment option.

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/MSTR/