Strategy (MSTR) to Announce Quarterly Earnings on Thursday

Strategy (NASDAQ:MSTR) is anticipated to announce its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Strategy to post earnings of ($2.1934) per share and revenue of $121.8840 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

Strategy (NASDAQ:MSTR) last issued its earnings results on Tuesday, May 5th. The software maker reported ($38.25) EPS for the quarter, missing the consensus estimate of ($0.86) by ($37.39). Strategy had a negative return on equity of 26.97% and a negative net margin of 2,482.01%.The firm had revenue of $124.30 million during the quarter, compared to analyst estimates of $120.75 million. During the same quarter in the previous year, the business posted ($16.49) EPS. Strategy’s revenue was up 11.9% compared to the same quarter last year. On average, analysts expect Strategy to post $57 EPS for the current fiscal year and $25 EPS for the next fiscal year.

Strategy Price Performance

Shares of NASDAQ MSTR opened at $98.65 on Tuesday. Strategy has a twelve month low of $81.81 and a twelve month high of $417.01. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $34.57 billion, a price-to-earnings ratio of -2.46 and a beta of 3.54. The business has a 50 day simple moving average of $115.83 and a 200-day simple moving average of $136.72.

Key Strategy News

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Large cash buildup improves financial flexibility. Strategy raised approximately $544.5 million through the sale of 5.43 million MSTR shares, increasing its U.S. dollar reserve to $3.75 billion. The company says the reserve covers roughly 2.1 years of preferred-stock dividends and debt interest. Strategy sells MSTR shares and buys back STRC preferred stock
• Positive Sentiment: Preferred-share repurchase supports the capital structure. Strategy bought back $25 million of STRC preferred shares while preserving cash for dividends, interest payments and potential future investments. Investors appeared to view the move as a disciplined capital-allocation decision. Strategy raises $544 million and skips Bitcoin buys
• Positive Sentiment: Crypto-market relief helped lift MSTR. Bitcoin recovered toward $65,000, supporting a broader rebound in crypto treasury stocks and reinforcing MSTR’s role as a highly leveraged Bitcoin proxy. Crypto stocks rebound as Bitcoin approaches $65,000
• Neutral Sentiment: Bitcoin purchases remain paused. Strategy reported no Bitcoin purchases or sales for a fifth consecutive week, leaving its holdings at 843,775 BTC. The pause conserves liquidity but departs from the company’s traditional accumulation strategy. Strategy’s Bitcoin-buying pause continues
• Negative Sentiment: Bitcoin is below Strategy’s average acquisition cost. Bitcoin is near $65,000 versus Strategy’s reported average purchase price of approximately $75,476, creating pressure on the value of its holdings ahead of earnings. Strategy faces difficult second-quarter earnings
• Negative Sentiment: Second-quarter earnings could bring volatility. Strategy is scheduled to report on July 30, with estimates calling for a $2.19-per-share loss. Continued Bitcoin weakness could produce sizable valuation or impairment effects, while the latest equity issuance adds dilution risk. Strategy prepares to report second-quarter earnings

Wall Street Analyst Weigh In

MSTR has been the subject of a number of research reports. B. Riley Financial lifted their price objective on shares of Strategy from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Citigroup reissued a “buy” rating and set a $136.00 target price (down from $260.00) on shares of Strategy in a report on Tuesday, June 30th. Benchmark restated a “buy” rating on shares of Strategy in a research report on Monday. Credit Suisse Group set a $250.00 price target on shares of Strategy in a report on Tuesday, June 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategy in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Strategy presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.31.

Insider Activity at Strategy

In related news, CEO Phong Le sold 93,738 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.73, for a total transaction of $11,129,512.74. Following the completion of the transaction, the chief executive officer directly owned 119,925 shares in the company, valued at $14,238,695.25. This represents a 43.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andrew Kang sold 33,062 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.73, for a total value of $3,925,451.26. Following the completion of the sale, the chief financial officer directly owned 68,733 shares in the company, valued at $8,160,669.09. This represents a 32.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders purchased 11,166 shares of company stock worth $1,014,265 and sold 181,522 shares worth $23,448,502. Insiders own 6.49% of the company’s stock.

Hedge Funds Weigh In On Strategy

Several institutional investors have recently modified their holdings of MSTR. Binnacle Investments Inc lifted its position in Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after purchasing an additional 69 shares during the last quarter. Wealth Watch Advisors INC bought a new position in Strategy in the 3rd quarter worth about $44,000. Darwin Wealth Management LLC bought a new position in Strategy in the 2nd quarter worth about $77,000. Wilkerson Advisory Group LLC bought a new position in Strategy in the 4th quarter worth about $30,000. Finally, Quarry LP increased its stake in shares of Strategy by 96.8% in the fourth quarter. Quarry LP now owns 246 shares of the software maker’s stock valued at $37,000 after purchasing an additional 121 shares during the period. Institutional investors own 59.84% of the company’s stock.

Strategy Company Profile

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.