ASST Stock Analysis: Strive Asset Management | NASDAQ
Asset Management | NASDAQ, USA | Market Cap: 1.069m USD | 12M Return: -90.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 68.2M
Rev. Trend: 96.0%
Warnings
Tailwinds
Seasonality 3.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Strive, Inc. is a privately owned investment management firm that primarily serves investment companies, functioning as an investment adviser providing portfolio management services. The firm invests in exchange traded funds (ETFs) and conducts in-house research to support its investment decisions. Founded in 2022 and headquartered in Dallas, Texas, Strive is classified as a large advisory firm within the asset management industry.
As an ETF-focused investment adviser, Strive operates in the asset and wealth management subsector, where peer firms typically earn revenue through management fees calculated as a percentage of assets under management. Notably, the company is publicly listed on NASDAQ under the ticker ASST, despite the description referencing its privately owned origins, and its GICS classification falls under Communication Services / Movies & Entertainment, suggesting a corporate structure or holding company arrangement that differs from its core investment advisory operations.
- Bitcoin ETF inflows drive AUM and fee growth
- New product launches diversify revenue base
- Active management fee compression pressures margins
| Net Income: -875.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA 349.2 > 1.0 |
| NWC/Revenue: 1.88k% < 20% (prev 113.6%; Δ 1.77k% < -1%) |
| CFO/TA -0.05 > 3% & CFO -51.0m > Net Income -875.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 11.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (61.6m) vs 12m ago 187k% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 1.33% > 50% (prev 70.78%; Δ -69.45% > 0%) |
| Interest Coverage Ratio: -0.10 > 6 (EBIT TTM -77.1m / Interest Expense TTM 797.9m) |
| A: 0.13 (Total Current Assets 151.0m - Total Current Liabilities 13.2m) / Total Assets 1.10b |
| B: -0.68 (Retained Earnings -753.4m / Total Assets 1.10b) |
| C: -0.14 (EBIT TTM -77.1m / Avg Total Assets 552.6m) |
| D: 40.82 (Book Value of Equity 1.07b / Total Liabilities 26.3m) |
| Altman-Z'' = 40.51 = AAA |
As of July 08, 2026, the stock is trading at USD 12.70 with a total of 3,041,706 shares traded. Over the past week, the price has changed by +9.29%, over one month by -16.50%, over three months by +37.08% and over the past year by -90.90%.
Current recommended Stop Loss: 9.60 (which is 24.4% or 2.3 ATR below the current price).
Strive Asset Management has no consensus analysts rating.
| Analysts Target Price | 29.6 | 133.1% |
P/E Forward = 0.9914
P/S = 151.2311
P/B = 1.3711
Revenue TTM = 7.33m USD
EBIT TTM = -77.1m USD
EBITDA TTM = -76.8m USD
Long Term Debt = 9.70m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 16.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 3.42m
Net Debt = -129.1m USD (calculated: Debt 16.5m - CCE 145.6m)
Enterprise Value = 940.3m USD (1.07b + Debt 16.5m - CCE 145.6m)
Interest Coverage Ratio = -0.10 (Ebit TTM -77.1m / Interest Expense TTM 797.9m)
EV/FCF = -18.42x (Enterprise Value 940.3m / FCF TTM -51.0m)
FCF Yield = -5.43% (FCF TTM -51.0m / Enterprise Value 940.3m)
FCF Margin = -696.7% (FCF TTM -51.0m / Revenue TTM 7.33m)
Net Margin = -11.9k% (Net Income TTM -875.0m / Revenue TTM 7.33m)
Gross Margin = unknown ((Revenue TTM 7.33m - Cost of Revenue TTM 33.2m) / Revenue TTM)
Tobins Q-Ratio = 0.85 (Enterprise Value 940.3m / Total Assets 1.10b)
Interest Expense / Debt = 4.83k% (Interest Expense 797.9m / Debt 16.5m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -60.9m (EBIT -77.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 11.44 (Total Current Assets 151.0m / Total Current Liabilities 13.2m)
Debt / Equity = 0.02 (Debt 16.5m / totalStockholderEquity, last quarter 1.07b)
Debt / EBITDA = 1.68 (negative EBITDA) (Net Debt -129.1m / EBITDA -76.8m)
Debt / FCF = 2.53 (negative FCF - burning cash) (Net Debt -129.1m / FCF TTM -51.0m)
Total Stockholder Equity = 646.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -158.3% (out of range, set to none)
RoE = -135.3% (Net Income TTM -875.0m / Total Stockholder Equity 646.8m)
RoCE = -11.74% (EBIT -77.1m / Capital Employed (Equity 646.8m + L.T.Debt 9.70m))
RoIC = -5.60% (negative operating profit) (NOPAT -60.9m / Invested Capital 1.09b)
WACC = 21.33% (E(1.07b)/V(1.09b) * Re(21.66%) + (debt cost/tax rate unavailable))
Discount Rate = 21.66% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 42.22 | Cagr: 292.9%
[DCF] Fair Price = unknown (Cash Flow -51.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 95.97 | Revenue CAGR: 339.7% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.24 | Chg30d=+87.75% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=-0.24 | Chg30d=+86.39% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=-4.06 | Chg30d=+40.29% | Revisions=-25% | GrowthEPS=+57.6% | GrowthRev=+111.3%
EPS next Year (2027-12-31): EPS=-1.04 | Chg30d=+70.97% | Revisions=-25% | GrowthEPS=+74.3% | GrowthRev=-11.3%
[Analyst] Revisions Ratio: -57% (up=0, down=4)