The Benchmark Company has started coverage of Strive with a buy rating and a $32 price target. The call implies the stock could nearly double from its current level. It's the first analyst rating on the company.
Nearly 100% upside potential
The price target suggests Strive shares could trade at $32 within 12 to 18 months. That would represent a roughly 100% gain. The Benchmark Company didn't detail the specific catalysts behind the call, but the target signals strong conviction.
What a buy rating means
A buy rating is the most bullish recommendation an analyst can give. It means the analyst expects the stock to outperform the market or its peers. For Strive, the rating could draw attention from both institutional and retail investors.
Investor next steps
With coverage now in place, investors will watch for earnings, guidance, and any other news that might justify the target. The stock's actual performance will determine whether the optimism pays off. For now, Benchmark's call puts Strive on the map.
