Canaccord Genuity has raised its 12-month price target for Strategy, formerly MicroStrategy, to $175 per share while maintaining its Buy rating. The stock has experienced extreme volatility in 2026, with price targets swinging between $474 and $163 in just a few months, reflecting Bitcoin’s wild price swings. Strategy remains the world’s largest corporate Bitcoin holder with hundreds of thousands of tokens acquired through preferred equity instruments designed to minimize common-share dilution. Canaccord’s target sits at the conservative end of the spectrum, far below TD Cowen’s $395 and Benchmark’s $570 targets.
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