Wall Street Zen equity research analysts downgraded MicroStrategy (MSTR) from a "hold" rating to a "sell" rating. The report was issued Sunday, February 8, 2026. This rating change contributes to the existing split sentiment among analysts.
The downgrade follows the company’s fourth-quarter earnings announcement on February 5th. The earnings report revealed a significant net loss. The loss stems largely from unrealized losses on its substantial Bitcoin holdings under new fair value accounting rules.
MSTR stock performance remains tightly correlated with the price of Bitcoin. Bitcoin experienced a rebound late in the prior week.