ASST Stock Analysis: Strive Asset Management | NASDAQ
Asset Management | NASDAQ, USA | Market Cap: 1.101m USD | 12M Return: -77.9% | US8629453007 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 38.0M
Rev. Trend: 96.1%
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: -1.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.07 > 0.02 and ΔFCF/TA -114.0 > 1.0 |
| NWC/Revenue: 1.91k% < 20% (prev 43.73%; Δ 1.87k% < -1%) |
| CFO/TA -0.07 > 3% & CFO -93.3m > Net Income -1.15b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 7.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (75.3m) vs 12m ago 193k% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 1.27% > 50% (prev 151.8%; Δ -150.5% > 0%) |
| Interest Coverage Ratio: -0.09 > 6 (EBIT TTM -94.5m / Interest Expense TTM 1.03b) |
| A: 0.12 (Total Current Assets 192.6m - Total Current Liabilities 25.3m) / Total Assets 1.38b |
| B: -0.75 (Retained Earnings -1.04b / Total Assets 1.38b) |
| C: -0.14 (EBIT TTM -94.5m / Avg Total Assets 690.2m) |
| D: 47.18 (Book Value of Equity 1.35b / Total Liabilities 28.6m) |
| Altman-Z'' = 46.96 = AAA |
As of August 22, 2026, the stock is trading at USD 18.22 with a total of 14,750,040 shares traded. Over the past week, the price has changed by +47.95%, over one month by +40.15%, over three months by -1.67% and over the past year by -77.94%.
Current recommended Stop Loss: 16.70 (which is 8.3% or 1.6 ATR below the current price).
Strive Asset Management has no consensus analysts rating.
| Analysts Target Price | 26.6 | 46% |
P/E Forward = 1.7188
P/S = 129.5465
P/B = 1.7576
Revenue TTM = 8.76m USD
EBIT TTM = -94.5m USD
EBITDA TTM = -94.2m USD
Long Term Debt = 9.70m USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 13.1m USD (corrected: LT Debt 9.70m + ST Debt none) + Leases 3.42m
Net Debt = -132.3m USD (calculated: Debt 13.1m - CCE 145.5m)
Enterprise Value = 968.9m USD (1.10b + Debt 13.1m - CCE 145.5m)
Interest Coverage Ratio = -0.09 (Ebit TTM -94.5m / Interest Expense TTM 1.03b)
EV/FCF = -10.38x (Enterprise Value 968.9m / FCF TTM -93.3m)
FCF Yield = -9.63% (FCF TTM -93.3m / Enterprise Value 968.9m)
FCF Margin = -1.07k% (FCF TTM -93.3m / Revenue TTM 8.76m)
Net Margin = -13.1k% (Net Income TTM -1.15b / Revenue TTM 8.76m)
Gross Margin = unknown ((Revenue TTM 8.76m - Cost of Revenue TTM 46.0m) / Revenue TTM)
Tobins Q-Ratio = 0.70 (Enterprise Value 968.9m / Total Assets 1.38b)
Interest Expense / Debt = 7.85k% (Interest Expense 1.03b / Debt 13.1m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -74.7m (EBIT -94.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 7.62 (Total Current Assets 192.6m / Total Current Liabilities 25.3m)
Debt / Equity = 0.01 (Debt 13.1m / totalStockholderEquity, last quarter 1.35b)
Debt / EBITDA = 1.40 (negative EBITDA) (Net Debt -132.3m / EBITDA -94.2m)
Debt / FCF = 1.42 (negative FCF - burning cash) (Net Debt -132.3m / FCF TTM -93.3m)
Total Stockholder Equity = 983.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -166.6% (out of range, set to none)
RoE = -117.0% (Net Income TTM -1.15b / Total Stockholder Equity 983.3m)
RoCE = -9.52% (EBIT -94.5m / Capital Employed (Equity 983.3m + L.T.Debt 9.70m))
RoIC = -5.53% (negative operating profit) (NOPAT -74.7m / Invested Capital 1.35b)
WACC = 22.72% (E(1.10b)/V(1.11b) * Re(22.99%) + (debt cost/tax rate unavailable))
Discount Rate = 22.99% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 75.58 | Cagr: 110.0%
[DCF] Fair Price = unknown (Cash Flow -93.3m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 96.11 | Revenue CAGR: 343.1% | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.24 | Chg30d=+86.39% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=-7.15 | Chg30d=-76.11% | Revisions=-25% | GrowthEPS=+25.3% | GrowthRev=+105.1%
EPS next Year (2027-12-31): EPS=-1.08 | Chg30d=-3.83% | Revisions=-25% | GrowthEPS=+84.8% | GrowthRev=-3.6%
[Analyst] Revisions Ratio: -50% (up=0, down=3)