Benchmark analyst Mark Palmer lowered his price target for MicroStrategy (MSTR) by 24% from $570 to $435, while maintaining a "Buy" rating. Despite the reduction, the target price still implies a potential upside of 265% for MSTR shares from their current level of approximately $119.25. As of Q2 2026, MicroStrategy holds 846,000 Bitcoin, and its stock price has fallen 21.52% year-to-date, while Bitcoin has declined 11.58% over the same period.