Strive, Inc. 15% Series A Perpetual SATS Preferred Stock (SATS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Strive, Inc. 15% Series A Perpetual SATS Preferred Stock

NasdaqGS

$94.89+0.29(<0.01%)Pre-market

Market Cap

$6.99B

P/S

0.5x

P/B

10.8x

Strive, Inc. is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm invests in exchange traded funds. The firm conducts in-house research to make its investments. Strive, Inc. was founded in 2022 and is based in Dallas, Texas.

How this company scores

WeakMetricSide Score: 38/100

Strongest: Growth (16/25); weakest: Profitability (3/25).

Profitability3/25

Growth16/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality4/25

Strengths

Growing revenueInterest easily coveredConsistent growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 40.5x5y range 11.9x – 40.5x

Currently above its 5-quarter median.

P/S · 0.5x5y range 0.0x – 1941.8x

Currently below its 17-quarter median.

P/B · 10.8x5y range 0.0x – 1261.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $6.99B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $15.01B
Q. Revenue: $2.94M
TTM EBITDA: $-16.70B
TTM Op. Income: $-18.29B
Q. Op. Income: $-258.25M
TTM Net Income: $-15.02B
Q. Net Income: $-257.60M
EPS: $-3.77
Shares Out.: $75.28M

$15.01B in TTM revenue grew 1975751.5% YoY, reaching $2.94M last quarter. TTM EBITDA of $-16.70B and TTM operating income of $-18.29B show growth is flowing through to the bottom line. However, net income is negative at $15.02B — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: -8778.1%
Op. Margin: -8781.0%
Net Margin: -8759.0%

Op. margin of -8781.0% is down 7227.1% YoY — costs are rising relative to revenue. Net margin at -8759.0% Over the past year, operating margin is down 465% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.5x
P/B Ratio: 10.8x

P/S of 0.5x and P/B of 10.8x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.38B
Cash: $145.47M
Long-Term Debt: N/A
Book Value: $646.15M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-8.41M
TTM Free Cash Flow: $-1.10B
FCF Margin: -7.3%
FCF / Net Income: 0.1

TTM FCF of $-1.10B on $-8.41M in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 7 consecutive quarters — a weakening trend.