Citi raises target for Strategy stock from USD 136.00 to USD 240.00

Published on 10/05/2026 at 14:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi raised its target from USD 136.00 to USD 240.00 on October 2, 2026. Strategy stock costs EUR 145.39 versus EUR 143.50, plus 1.32 percent.

Strategy, US5949724083, Illustration mit AI erstellt.

Strategy (ISIN US5949724083) was trading at EUR 145.39 at Lang & Schwarz on October 5, 2026 at 2:37 p.m. CEST, up 1.32 percent from the EUR 143.50 prior close on October 2, 2026. On October 2, Citi raised its Strategy target from USD 136.00 to USD 240.00 and maintained a Buy rating, as CNBC reported.

Citi expands the valuation case

The revised target rests on a higher Bitcoin outlook and a wider valuation multiple for Strategy's digital-asset holdings. Citi increased its Bitcoin Yield Multiple assumption from 2.50 times to 4.00 times, lifting the assumed market-value-to-net-asset-value multiple from 1.065 times to 1.24 times, according to Yahoo Finance on October 2, 2026.

The same update also put Citi's adjusted Bitcoin Yield estimate for fiscal 2027 at 5.90 percent and its fiscal 2026 estimate at minus 3.30 percent. The contrast captures the central tension in the call: a stronger crypto assumption supports the target, while cash reserves and third-quarter Bitcoin sales weigh on the nearer fiscal-year estimate.

Second-quarter figures show the risk

Strategy's second-quarter 2026 revenue reached USD 122.40 million, up from USD 114.49 million in the year-earlier quarter. Subscription revenue rose to USD 62.90 million, but the company posted a USD 8.20 billion net loss, or USD 24.45 per diluted share, compared with USD 10.00 billion of net income and USD 32.60 earnings per share a year earlier, according to Barchart.

Gross profit was USD 81.60 million in the second quarter, while gross margin narrowed to 66.60 percent from 68.80 percent. The results show why Strategy's software revenue is a secondary driver beside Bitcoin valuation changes.

Strategy stock keeps a wide risk profile

Strategy's market capitalization was USD 52.9 billion on October 2, 2026, with a 52-week range of USD 81.81 to USD 365.21. The spread between those levels underlines how quickly the valuation can change when Bitcoin prices and the premium to net asset value move together.

Strategy is scheduled to report third-quarter 2026 figures on November 4, 2026, according to finanzen.ch. That date will give investors a fresh test of subscription growth, digital-asset gains or losses, and the effect of the company's reserve strategy.

October 5 quote stays above the prior close

At Lang & Schwarz, Strategy was trading at EUR 145.39 on October 5, 2026 at 2:37 p.m. CEST, plus 1.32 percent versus the EUR 143.50 prior close dated October 2, 2026. On Nasdaq, the stock was last at USD 160.01 on October 2, 2026 at 4:00 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Strategy stock.