MicroStrategy Incorporated (NASDAQ:MSTR) shareholders are probably feeling a little disappointed, since its shares fell 4.3% to US$325 in the week after its latest yearly results. It was a pretty bad result overall; while revenues were in line with expectations at US$463m, statutory losses exploded to US$6.06 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on MicroStrategy after the latest results.

Check out our latest analysis for MicroStrategy

After the latest results, the ten analysts covering MicroStrategy are now predicting revenues of US$478.4m in 2025. If met, this would reflect a modest 3.2% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 92% to US$0.39. Before this latest report, the consensus had been expecting revenues of US$478.4m and US$0.45 per share in losses. Although the revenue estimates have not really changed MicroStrategy'sfuture looks a little different to the past, with a cut to the loss per share forecasts in particular.

The average price target held steady at US$521, seeming to indicate that business is performing in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic MicroStrategy analyst has a price target of US$650 per share, while the most pessimistic values it at US$212. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. For example, we noticed that MicroStrategy's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 3.2% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 0.2% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 12% per year. Although MicroStrategy's revenues are expected to improve, it seems that the analysts are still bearish on the business, forecasting it to grow slower than the broader industry.

The Bottom Line

The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple MicroStrategy analysts - going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the 3 warning signs we've spotted with MicroStrategy (including 1 which is a bit unpleasant) .

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