Barclays raises Strategy price target to $175, keeps buy rating

Barclays just gave Strategy Inc. (NASDAQ: MSTR) a fresh vote of confidence. On October 9, 2026, analyst Nik Cremo reaffirmed his Overweight rating, the bank’s version of a buy, and lifted his 12-month price target to $175 from $160. The more interesting move is the categorization. Barclays places Strategy within the US payments and fintech sector, comparing it to Visa and Mastercard rather than treating it purely as a Bitcoin vehicle. The details behind the upgrade The new $175 target implies a potential upside of approximately 15-16% from recent trading levels. MSTR shares have bounced between $151 and $158 lately. The stock closed at $151.47 on October 8, 2026. Pre-market trading the next morning showed modest gains as the Barclays note circulated. The numbers Strategy is working with Strategy holds about 845,000 BTC as a treasury asset. That stash is the central fact of the company’s existence, and it shapes its financial results in ways that can look strange at first glance. In the second quarter, Strategy reported revenue of approximately $122.4 million. That was up 7% from the same period a year earlier. The bottom line told a different story. Net losses were affected by unre...