Overview

* Strategy Q3 net income of $2.8 bln, diluted EPS of $8.42

* Company Q3 revenue of $128.7 mln, surpassing analyst expectations

* Strategy reaffirms FY2025 guidance with $34 bln operating income, $24 bln net income

Outlook

* Strategy reaffirms FY2025 operating income guidance of $34 bln

* Company maintains FY2025 net income target of $24 bln

* Strategy expects FY2025 diluted EPS to be $80 per share

Result Drivers

* BITCOIN HOLDINGS - Strategy's results driven by increased Bitcoin holdings and unrealized gains on digital assets

* CAPITAL MARKETS - Raised $20 bln YTD through capital markets platform

* CREDIT ISSUANCE - Laying groundwork for global credit issuance, aiming to become a dominant credit issuer

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $128.69 $118.43

Revenue mln mln (10

Analysts

)

Q3 EPS Beat $8.42 $8.15 (5

Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Strategy Inc ( MSTR ) is $550.00, about 49.9% above its October 29 closing price of $275.36

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)