TS

TON Strategy Co.

TONX·NASDAQ

$3.76

-5.1%
Financial ServicesAsset Management

The first NASDAQ‑listed publicly traded treasury for Toncoin ($TON), the native cryptocurrency of The Open Network (TON). The company accumulates and stakes $TON to build a long-term treasury, offering regulated market exposure to TON through structured capital deployment and staking rewards.

At a Glance

Live Snapshot
Market Cap$212.56M
EPS-5.9600
P/E Ratio-0.63
Earnings Date08/05/2026
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TON Strategy Co. Street Expectations Map

TONX · NASDAQ

No Target Data

No analyst price targets available for tonx.

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TON Strategy Co. Forward Estimates of Revenue

TONX · NASDAQ
Latest Revenue
12.78M
FY 2025
Avg Estimate
8.00M
FY 2026
Estimate Range
8.00M - 8.00M
Analyst Spread

Forward Growth Analysis

Projected Growth-37.4%

Significant contraction projected—major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signals—some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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TON Strategy Co. Forward Estimates of Net Income

TONX · NASDAQ
Latest Net Income
-148.48M
FY 2025
Avg Estimate
-3.12M
FY 2026
Estimate Range
-3.12M - -3.12M
Analyst Spread

Forward Growth Analysis

Projected Growth+97.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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TON Strategy Co. Forward Estimates of EPS

TONX · NASDAQ
Latest EPS
-5.96
FY 2025
Avg Estimate
$-5.27
FY 2026
Estimate Range
$-5.27 - $-5.27
Analyst Spread

Forward Growth Analysis

Projected Growth+11.6%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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TON Strategy Co. Forward Estimates of EBIT

TONX · NASDAQ
Latest EBIT
-148.62M
FY 2025
Avg Estimate
-8.00M
FY 2026
Estimate Range
-8.00M - -8.00M
Analyst Spread

Forward Growth Analysis

Projected Growth+94.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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TON Strategy Co. Forward Estimates of EBITDA

TONX · NASDAQ
Latest EBITDA
-147.41M
FY 2025
Avg Estimate
-8.00M
FY 2026
Estimate Range
-8.00M - -8.00M
Analyst Spread

Forward Growth Analysis

Projected Growth+94.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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TON Strategy Co. Forward Estimates of SG&A Expense

TONX · NASDAQ
Latest SG&A Expense
19.25M
FY 2025
Avg Estimate
3.87B
FY 2026
Estimate Range
3.87B - 3.87B
Analyst Spread

Forward Growth Analysis

Projected Growth+20019.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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TON Strategy Co. Insider Positioning

TONX · NASDAQ

During the last 12 months, insiders have purchased $569K and sold $7.44M worth of TONX shares, resulting in $6.87M of net selling activity.

3 Months

Bought

19.8K

71.85K

Sold

8.0K

29.35K

Net Activity

+42K

+$42K

3-6 Months

Bought

0

0.00

Sold

240.1K

689.61K

Net Activity

-690K

-$690K

6-9 Months

Bought

70.0K

497.60K

Sold

662.4K

6.72M

Net Activity

-6.2M

-$6.22M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
SM

Stotz Manuel

Director, 10 Percent Owner:

70.0K shares1 transactions

$498K

2
WKM

Wilson Kevin Mark

Officer: Chief Executive Officer

8.0K shares1 transactions

$29K

3
OSJ

Olsen Sarah Josephine

Officer: Cfo & Coo

7.4K shares1 transactions

$27K

4
SE

Sohn Evan

Director

2.8K shares1 transactions

$10K

5
MM

Marbach Mary

Officer: General Counsel/Corp Secretary

1.6K shares1 transactions

$6K

Top Sellers

1
CRJ

Cutaia Rory J.

Director

902.5K shares14 transactions

$7.41M

2
WKM

Wilson Kevin Mark

Officer: Chief Executive Officer

8.0K shares1 transactions

$29K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.87M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.08:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$42K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

5 insider buyers vs. 2 sellers. Broad-based buying across management team suggests widespread confidence.