Analysts set a $590.17 price target for MSFT, citing 22% upside driven by Azure growth and Copilot adoption.
Microsoft received a $590.17 price target, reflecting 22.13% upside from its current $483.24 share price. The target is underpinned by Azure crossing $100 billion in annual revenue and Copilot surpassing 30 million paid seats, marking its fastest-monetizing enterprise product ever.
The company reported $90.01 billion in revenue for the latest quarter, up 17.75% year-over-year, with Azure growing 43%. Non-GAAP EPS reached $4.74, while full-year capex hit $116 billion. Despite a 23% decline in free cash flow, net income rose 31%, signaling strong demand.
Shares have underperformed peers, down 3.37% over the past year but up 24.03% in the last month. The stock surged 15.51% following its July earnings report, highlighting investor recognition of its AI-driven growth.