Baron Durable Advantage Fund Added Microsoft Corporation (MSFT) on the Back of Short-Term Volatility In its first-quarter 2026 investor letter, Baron Durable Advantage Fund highlighted stocks like Microsoft Corporation (NASDAQ:MSFT).
Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions, holding dominant positions in software, cloud infrastructure, generative AI, and gaming
On May 13, 2026, Microsoft Corporation (NASDAQ:MSFT) stock closed at $405.21 per share. One-month return of Microsoft Corporation (NASDAQ:MSFT) was -3.58%, and its shares lost 10.58% over the past 52 weeks. Microsoft Corporation (NASDAQ:MSFT) has a market capitalization of $3.03 trillion.
Baron Durable Advantage Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its Q1 2026 investor letter: “Software leader Microsoft Corporation (NASDAQ:MSFT) detracted from performance with shares down 22.8% despite reporting slightly better-than-expected revenue, margins, and earnings per share in the quarter, with cloud revenue up 24% year-over-year in constant currency and commercial bookings up 228%, driven by commitments from OpenAI and Anthropic. Two factors pressured shares. First, Azure growth of 38% year-over-year in constant currency was slightly below expectations, reflecting slightly greater capacity allocation to first-party applications over renting out GPUs to external customers in the quarter.