# Cantor Fitzgerald Raises Strategy Price Target to $208 on Higher Bitcoin Outlook

- URL: https://stocks.freetheai.org/news/cantor-fitzgerald-raises-strategy-price-target-to-208-on-higher-bitcoin-outlook-ebc676
- Published: 2026-10-16T20:55:38Z
- Category: analyst_ratings; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:MSTR](https://stocks.freetheai.org/symbols/NASDAQ-MSTR), [BITSTAMP:BTCUSD](https://stocks.freetheai.org/symbols/BITSTAMP-BTCUSD)
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Cantor Fitzgerald increased its price target for Strategy Inc Class A (NASDAQ:MSTR) to $208 from $186 while maintaining an Overweight rating. The target adjustment follows an increase in the firm's 12-month bitcoin price assumption, which was raised from $98,000 to $112,000 after recent strength in the cryptocurrency market. Bitcoin (BITSTAMP:BTCUSD) traded near $81,520, down 0.74% on the day, while Strategy shares fell 9.56% to $136.80.

The valuation relies on a sum-of-the-parts analysis that factors in Strategy's digital assets and core business operations. Cantor assigned an enterprise value-to-sales multiple of 2x on the company's projected 2027 revenue of $509 million and valued its 848,000 bitcoin holdings at the new $112,000 price target. Under these assumptions, the company's total enterprise value estimate expands to $110 billion from $97 billion, with the cryptocurrency stash accounting for roughly $95 billion. The updated valuation model also incorporates recent U.S. dollar reserves, a $20.91 billion gain on digital assets, and an associated $1.88 billion deferred tax expense.

Investors will be monitoring how cryptocurrency market movements impact Strategy's total valuation and share price trajectory. Because the company's balance sheet is heavily tied to its digital asset reserves, fluctuations in bitcoin prices will remain a major driver of enterprise value and future price target revisions.

## Key points

- Cantor Fitzgerald raised its Strategy Inc Class A price target to $208 from $186 and maintained an Overweight rating.
- The price target increase is driven by raising the 12-month bitcoin forecast to $112,000 from $98,000.
- Cantor values Strategy's 848,000 bitcoin holdings at approximately $95 billion under the new price assumption.
- Strategy's estimated enterprise value increased to $110 billion from $97 billion in Cantor's updated model.

## Questions and answers

### What is Cantor Fitzgerald's new price target for Strategy?

Cantor Fitzgerald raised its price target on Strategy Inc Class A to $208 from $186 while maintaining an Overweight rating.

### What bitcoin price is Cantor Fitzgerald predicting?

Cantor Fitzgerald raised its 12-month forward bitcoin price assumption to $112,000 from $98,000 following recent market strength.

### How many bitcoin does Strategy currently hold?

Strategy holds 848,000 bitcoin, which would be valued at approximately $95 billion under Cantor Fitzgerald's $112,000 price assumption.