Strive (NASDAQ:ASST) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Strive (NASDAQ:ASST) from a strong sell rating to a sell rating in a report published on Saturday.

Other analysts have also issued research reports about the stock. HC Wainwright raised their price target on shares of Strive from $36.00 to $38.00 and gave the company a “buy” rating in a report on Friday. Zacks Research raised shares of Strive to a “hold” rating in a report on Wednesday, March 11th. TD Cowen began coverage on shares of Strive in a report on Friday, April 10th. They issued a “buy” rating and a $26.00 price target for the company. B. Riley Financial raised their price target on shares of Strive from $19.00 to $20.00 and gave the company a “buy” rating in a report on Friday. Finally, Maxim Group lowered their price target on shares of Strive from $30.00 to $20.00 and set a “buy” rating for the company in a report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Strive currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

Strive Price Performance

Shares of Strive stock opened at $16.79 on Friday. The firm has a market cap of $1.16 billion, a P/E ratio of -2.80 and a beta of 13.46. The firm has a 50 day simple moving average of $12.47 and a 200 day simple moving average of $15.86. Strive has a fifty-two week low of $7.02 and a fifty-two week high of $268.40.

Strive (NASDAQ:ASST) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($5.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.70) by ($2.49). The company had revenue of $2.76 million during the quarter, compared to analyst estimates of $2.73 million. Strive had a negative net margin of 8,228.65% and a negative return on equity of 159.44%. On average, sell-side analysts expect that Strive will post 1.1 EPS for the current year.

Insider Buying and Selling

In other Strive news, CFO Benjamin Pham bought 6,214 shares of the stock in a transaction on Wednesday, February 18th. The stock was purchased at an average price of $8.06 per share, with a total value of $50,084.84. Following the acquisition, the chief financial officer owned 6,214 shares of the company’s stock, valued at approximately $50,084.84. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.71% of the company’s stock.

Institutional Trading of Strive

A number of institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its holdings in Strive by 180.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company’s stock worth $41,000 after acquiring an additional 7,057 shares during the period. Engineers Gate Manager LP acquired a new stake in Strive during the 2nd quarter worth $40,000. Two Sigma Investments LP acquired a new stake in Strive during the 3rd quarter worth $27,000. Osaic Holdings Inc. acquired a new stake in Strive during the 2nd quarter worth $41,000. Finally, Formidable Asset Management LLC acquired a new stake in Strive during the 1st quarter worth $113,000. Institutional investors and hedge funds own 5.52% of the company’s stock.

More Strive News

Here are the key news stories impacting Strive this week:

• Positive Sentiment: Strive said it eliminated debt and introduced daily dividend payments, a major capital-structure change that may improve investor sentiment and support demand for the shares. Strive (ASST) Stock Surges 6% After Eliminating Debt and Introducing Daily Dividend Payments
• Positive Sentiment: HC Wainwright raised FY2026, FY2027, and several quarterly EPS estimates for Strive, while maintaining a Buy rating and $38 price target, signaling higher expected profitability.
• Positive Sentiment: B. Riley also previously increased its price target on Strive to $20 and kept a Buy rating, reinforcing the bullish analyst backdrop.
• Neutral Sentiment: Wall Street Zen upgraded Strive to Sell, which adds some caution and may offset part of the bullish momentum. Strive (NASDAQ:ASST) Upgraded by Wall Street Zen to Sell Rating

Strive Company Profile

Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers.

Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets.