Cantor Fitzgerald Raises MicroStrategy's Price Target to $697.00 Amid Positive Outlook

Cantor Fitzgerald analyst Brett Knoblauch raised the price target for MicroStrategy Inc. (MSTR) from $680 to $697, a 2.50% increase. The analyst maintained an "Overweight" rating on the company, reflecting a positive outlook on MicroStrategy's future performance. The average target price for MSTR is $495.38, with a high estimate of $680 and a low estimate of $200. The average brokerage recommendation is 2.1, indicating "Outperform" status.

Title: MicroStrategy Inc. (MSTR) Price Target Raised by Cantor Fitzgerald Analyst

Cantor Fitzgerald analyst Brett Knoblauch recently raised the price target for MicroStrategy Inc. (MSTR) from $680 to $697, a 2.50% increase. The analyst maintained an "Overweight" rating on the company, reflecting a positive outlook on MicroStrategy's future performance. The average target price for MSTR is $495.38, with a high estimate of $680 and a low estimate of $200. The average brokerage recommendation is 2.1, indicating "Outperform" status.

MicroStrategy Inc., formerly known as MicroStrategy, rebranded itself as Strategy earlier this year. The company is a Bitcoin treasury, holding approximately 607,770 bitcoins, which is currently worth approximately $72 billion. The company's Bitcoin holdings are significant, making it the world's largest corporate holder of Bitcoin. Additionally, Strategy operates a legacy software business, providing cloud-native business intelligence software solutions and AI-powered data analytics services.

The company reported strong performance in its Bitcoin business during the first quarter of 2025. Key performance indicators (KPIs) such as the 'BTC Yield' of 13.7%, 'BTC Gain' of 61,497, and 'BTC $ Gain' of $5.8 billion were all positive. The company generated $111 million in revenue from its software business during the same period, a decrease of 3.6% year-over-year, but with subscription revenue rising 61.6% year-over-year.

Knoblauch highlighted Strategy's role as the first Bitcoin treasury and its significant lead in the market. He believes that the company's Bitcoin stack is unlikely to be matched by another entity, and that the sheer size of Strategy's Bitcoin holdings combined with its capital markets innovation makes it a must-own name in the space. If Bitcoin reaches $1 million, as Knoblauch believes is highly likely, Strategy could become one of the largest companies in the world.

The analyst's $697 price target suggests potential for a 72% upside in the year ahead. The stock is currently trading at $395.04, with an average price target of $547.75, implying a one-year upside potential of 39%. The Strong Buy consensus rating from the Street's analysts further supports the positive outlook on MSTR.

References:
1. [https://finance.yahoo.com/news/microstrategy-mstr-stock-target-raised-054049537.html](https://finance.yahoo.com/news/microstrategy-mstr-stock-target-raised-054049537.html)
2. [https://finance.yahoo.com/news/mstr-smlr-brett-knoblauch-picks-102130758.html](https://finance.yahoo.com/news/mstr-smlr-brett-knoblauch-picks-102130758.html)