Seeking Alpha
2021-10-18 23:33:32

MicroStrategy's New Blockchain Tools May Push Up The Stock By 35%

MicroStrategy offers enterprise analytics software and services.The company is not only investing a significant amount of money in Bitcoin. The management also believes that the programmers inside the organization could implement blockchain analytics.Besides, if MicroStrategy delivers new versions of the company’s HyperIntelligence tool, and injects additional contextual analytics into the online workflows, the free cash flow would trend north.MicroStrategy would report sales growth of 5%, CFO/Sales of 30.05%, and a capital/sales ratio of around 0.95%. MicroStrategy could report a massive increase in FCF, from close to $50 million in 2020 to close to $225 million in 2030.My figures are actually not that far from the expectations of other analysts. The results from 5 analysts included an average target price of $810 and a high price target of $950.

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