Canaccord Genuity analyst Joseph Vafi trimmed his price target on Strategy Inc. (NASDAQ: MSTR) from $163 to $130 on June 30, while keeping his Buy rating intact.
The stock has dropped 41% in June 2026 alone, closing lower in 11 of the previous 12 months.
What the numbers actually say
Vafi’s revised $130 target implies roughly 40% upside from MSTR’s recent trading range of $82 to $93. The previous target of $163 was set just weeks earlier, on June 3, 2026. For context on just how far expectations have shifted: earlier targets on MSTR reached as high as $474 in 2025.
Other analysts on the Street are considerably more bullish. Consensus estimates for MSTR range from $276 to $350, which means Canaccord’s revised target sits well below the pack.
