{
  "id": 18564177,
  "title": "B.Riley cuts Strive Enterprises stock price target on BTC assumptions",
  "url": "https://urgent.news/2026/11/06/b-riley-cuts-strive-enterprises-stock-price-target-on-btc-assumptions",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T20:20:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/briley-cuts-strive-enterprises-stock-price-target-on-btc-assumptions-93CH-5009094"
  },
  "original_language": "en",
  "account": "B.Riley has reduced its price target for Strive Enterprises stock from $33.00 to $27.00, maintaining a Buy rating. The firm attributed this adjustment to lower Bitcoin expectations and a larger preferred stake. Strive's shares, currently trading at $20.86, have fallen from a 52-week high of $34.40. Analysts hold a Strong Buy consensus, with price targets ranging from $33 to $56, though some believe the stock could be overvalued. Strive Enterprises reported strong third-quarter 2026 results, adding 8,136 Bitcoin for a total of 43,124, and recording a $509.0 million GAAP net income. The company anticipates a 47,000 Bitcoin holding by year-end and a $2.4 billion preferred stack. B.Riley lowered its fourth-quarter Bitcoin price assumption to $82,500, and applied a lower EV/modified net asset value multiple for Strive's Bitcoin treasury. Strive is also planning a $1 billion at-the-market offering for its 15.00% Series A Perpetual SATS Preferred Stock, with a fixed annual dividend rate of 15.00%. StoneX has reaffirmed its Buy rating on Strive Enterprises with a price target of $32.00, while also raising its target for Asset Entities Inc. to $43.00.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}