Microsoft shares decline 22% over past year
Microsoft Corporation’s shares are down by 22% over the past year and by 18% year-to-date.
The technology company’s second quarter and cloud computing business were on the financial firm’s mind as it remarked that Microsoft Corporation should deliver a small upside for its Azure business in the upcoming second quarter earnings.
In January, Microsoft reported its fiscal Q2 2026 results with strong operational metrics, revenue up 17% year-over-year, Azure up 39%, and RPO of $392 billion up more than 50% year-over-year, but management’s guidance foreshadowed challenges.
Analysts have kept a Buy rating on the shares, with a $525 share price target from Wolfe Research and $500 from BMO Capital.