November proved to be a disastrous month for Strategy (MSTR) as its stock plummeted close to 30%. This decline has erased all the gains accumulated over the past year, leaving investors questioning the effectiveness of its Bitcoin strategy.
In a recent research note, Cantor Fitzgerald significantly reduced its price target for Strategy shares from $560 to $229, marking an astonishing 59% decrease. Despite this drastic cut, the firm maintained an Overweight rating and urged investors not to succumb to “fear-mongering.” Analysts Brett Knoblauch and Gareth Garcetta stated, “Ultimately, we see this has a healthy pullback in crypto and Bitcoin.” They emphasized that their long-term outlook for Bitcoin as a potential global reserve asset remains intact.
This perspective offers a glimmer of hope amid the bearish sentiment surrounding Strategy”s stock. Even with significant macroeconomic challenges and geopolitical shifts affecting the markets this year, there are indications that new paths could emerge for MSTR, potentially leading to a rebound in valuations next year.
According to CoinDex MSTR statistics, there is an expectation that the Strategy stock could reach $220 by the first quarter of 2026, while another source suggests a potential high of $277 by January 1, 2026. Current forecasts indicate that MSTR shares may see a rise of 61.72%, reaching $277.23 per share by the start of 2026. Presently, market sentiment is bearish, with the Fear & Greed Index reflecting a level of 39, indicating fear among investors.
In the last 30 days, MSTR stock experienced 11 of 30 days in the green, with a notable price volatility of 19.08%. This volatility suggests that the current dip might present a favorable entry point for those looking to invest in the stock.
If Bitcoin also stages a recovery, it could further elevate MSTR”s stock price, making this moment an attractive opportunity for those who may have missed earlier chances this year.
