Strive Inc. stock declines amid sector rotation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 13 Jan 26
Source: SeekingAlpha
Strive Inc. shares fell by 5.45% as the stock crossed below its 5-day SMA, reflecting a shift in market dynamics.
The decline in Strive Inc.'s stock price is attributed to sector rotation, as investors are moving away from certain sectors despite the slight gain in the Nasdaq-100 index. This shift indicates a reallocation of capital towards other areas of the market that are currently perceived as more favorable.
This movement may suggest that investors are reassessing their positions in Strive Inc., potentially looking for better opportunities elsewhere, which could impact the company's future performance.
Analyst Views on ASST
Wall Street analysts forecast ASST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASST is 1.50 USD with a low forecast of 1.50 USD and a high forecast of 1.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.786
Low
1.50
Averages
1.50
High
1.50
Current: 0.786
Low
1.50
Averages
1.50
High
1.50
About ASST
Strive, Inc., formerly Asset Entities Inc., is an asset management Bitcoin treasury company. The Company is focused on increasing Bitcoin per share to outperform Bitcoin over the long run. The Company's subsidiary, Strive Asset Management, LLC, is an SEC-registered investment adviser, which has assets under management (AUM) across approximately 13 exchange-traded funds, collective investment trusts, and a direct indexing platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
