MicroStrategy's Q2 Earnings Boosts Stock Price Target to $586, Analyst Predicts 46% Upside

Mizuho Securities analyst Dan Dolev raised the price target for MicroStrategy (MSTR) to $586 from $563 and maintained a Buy rating after the company's strong Q2 results. The new price target indicates a potential 46% upside from current levels. Dolev is upbeat about MicroStrategy's growing momentum in the Bitcoin space and the company's ability to raise funds to buy more Bitcoin without pressuring current shareholders.

Mizuho Securities analyst Dan Dolev recently increased the price target for MicroStrategy (MSTR) from $563 to $586, maintaining a Buy rating following the company's robust Q2 earnings report. The new price target suggests a potential 46% upside from current levels. Dolev is optimistic about MicroStrategy's growing momentum in the Bitcoin space and the company's ability to raise funds to purchase more Bitcoin without diluting existing shareholders.

MicroStrategy reported earnings of $32.60 EPS for the quarter, significantly surpassing the consensus estimate of ($0.12) and achieving a net margin of 1,036.61% [1]. The company's strong financial performance has bolstered analyst confidence in its future prospects. Despite the optimistic outlook, one investment analyst has rated the stock as a sell, while most have assigned a buy or strong buy rating, resulting in a consensus rating of "Moderate Buy" [1].

Analysts have highlighted MicroStrategy's strategic approach to Bitcoin accumulation. The company has been consistently adding to its Bitcoin holdings, with recent additions totaling 155 BTC ($18 million) to mark the fifth anniversary of its initial purchase [2]. This acquisition, made at an average price of $116,401 per unit, underscores the company's commitment to its long-term Bitcoin strategy. CEO Michael Saylor reaffirmed Bitcoin's value as a hedge, emphasizing continuous gains through strategic purchases [2].

Dolev's optimism is based on MicroStrategy's ability to raise funds for Bitcoin purchases without diluting current shareholders. The company has been raising funds through various means, including debt issuance and share buybacks, allowing it to expand its Bitcoin holdings without compromising shareholder value. This strategic approach has positioned MicroStrategy as a leader in institutional Bitcoin adoption, contributing to the growing acceptance of digital assets in global markets.

In conclusion, Mizuho Securities' raised price target for MicroStrategy reflects the company's strong Q2 earnings and growing momentum in the Bitcoin space. Analysts' optimism is based on MicroStrategy's strategic approach to Bitcoin accumulation and its ability to raise funds without diluting existing shareholders. Investors should closely monitor MicroStrategy's ongoing Bitcoin strategy and future earnings reports to gauge the company's performance.

References:
[1] https://www.marketbeat.com/instant-alerts/microstrategy-nasdaqmstr-price-target-raised-to-58600-2025-08-11/
[2] https://www.ainvest.com/news/bitcoin-news-today-microstrategy-adds-155-btc-18-million-marking-5-year-accumulation-anniversary-2508/