Canaccord Genuity raised its price target for MicroStrategy Incorporated from $130.00 to $175.00 on August 25, 2026. The firm maintained its buy rating on the stock. This new target suggests a potential upside of 42.71% from the current share price.
Analysts attributed the revision to a strengthened balance sheet and improved profitability. These gains followed a significant surge in Bitcoin prices. MicroStrategy’s large cryptocurrency holdings continue to serve as a popular proxy for investors seeking digital asset exposure.
Shares of MSTR increased 2.50% to $125.70 during early trading on the day of the announcement. The stock remains highly volatile due to its close correlation with Bitcoin price movements.