B. Riley raises target for Strategy stock to USD 195.00

Published on 10/13/2026 at 12:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Strategy stock was EUR 138.48 at Lang & Schwarz on October 13, 2026. Nasdaq data show USD 152.68 and a USD 50.5 billion market cap.

B. Riley raised its Strategy target from USD 175.00 to USD 195.00 on September 22, 2026, while keeping a Buy rating.
Strategy bought 950 Bitcoin for USD 75.7 million between September 14 and September 20, taking holdings to 846,000 BTC.
The stock was EUR 138.48 at Lang & Schwarz on October 13, 2026, while Nasdaq data showed a USD 50.5 billion market cap on October 12, 2026.
Strategy is scheduled to report third-quarter 2026 results on October 29, 2026, after the U.S. market close.

Strategy, US5949724083, Illustration mit AI erstellt.

Strategy stock was trading at EUR 138.48 at Lang & Schwarz on October 13, 2026 at 12:12 p.m. CEST. The central valuation signal remains B. Riley Securities' September 22, 2026 target increase from USD 175.00 to USD 195.00, which kept the Buy rating intact, according to TradingView.

Three treasury milestones

On September 21, 2026, Strategy purchased 950 Bitcoin for USD 75.7 million between September 14 and September 20, lifting its holdings to 846,000 BTC, according to The Globe and Mail. On September 22, B. Riley raised its target from USD 175.00 to USD 195.00. On October 8, 2026, Strategy announced that it would report third-quarter results after the market close on October 29, 2026, with a 5:00 p.m. ET webinar, according to Business Wire.

What does the treasury shift mean?

The September purchase was funded with USD cash, while Strategy also repurchased USD 174 million of STRC preferred stock and held USD 5.04 billion in its USD Reserve as of September 20, 2026. That combination makes the common stock sensitive to both Bitcoin prices and the funding demands of preferred securities.

The operating business remains a smaller but measurable part of the picture. In the second quarter of 2026, revenue reached USD 122.4 million, up 6.9 percent from the second quarter of 2025, while the company reported a USD 8.62 billion net loss and a USD 23.20 loss per share, according to Simply Wall St. The loss shows why the stock is valued less like a conventional software company and more like a leveraged Bitcoin vehicle.

October reporting date matters

Strategy is scheduled to publish third-quarter 2026 results after the U.S. market close on October 29, 2026, followed by the investor webinar at 5:00 p.m. ET. The report will give investors a fresh test of Bitcoin-related accounting effects, operating revenue and the cash available for preferred obligations.

Nasdaq data showed Strategy at USD 152.68 at 4:00 p.m. ET on October 12, 2026, with a USD 81.81 to USD 312.71 52-week range and a USD 50.5 billion market capitalization. The company is listed on Nasdaq under ticker MSTR and is included in the Nasdaq Composite and Nasdaq 100.

Price and capital structure

At Lang & Schwarz, Strategy was trading at EUR 138.48 on October 13, 2026 at 12:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Strategy stock.