Barclays Boosts Price Target on Strategy Inc. to $160 Amid Fintech Shift
Barclays has reaffirmed its buy rating on Strategy Inc., formerly known as MicroStrategy, and set a price target of $160. This move comes after the bank initially initiated coverage with an Overweight rating and a $130 price target on July 8, 2026. Barclays later trimmed the target to $125 following Strategy's Q2 results.
The Q2 report showed revenue of approximately $122.4 million, representing a 7% year-over-year increase. However, the company still recorded a significant GAAP net loss driven by unrealized losses on its Bitcoin holdings.
Barclays' decision to place Strategy in the US payments and fintech sector alongside industry heavyweights like Visa and Mastercard is seen as an attempt to emphasize the company's software and analytics capabilities. The rebrand from MicroStrategy to Strategy Inc. was also aimed at reinforcing this broader identity.