Microsoft Corp (NASDAQ:MSFT) is one of the most profitable crypto-exposed stocks to buy now.
On May 26, Piper Sandler reiterated an Overweight rating on Microsoft Corp (NASDAQ:MSFT) stock with a price target of $540
The firm cited improvements in the company’s Copilot AI assistant following recent meetings with Microsoft’s investor relations team. Asif Islam / Piper Sandler pointed to recent enhancements to Copilot with features like Model Choice, Copilot Cowork, and WorkIQ. According to the firm, these enhancements can help Microsoft add more than 5 million Copilot seats during fiscal Q4 2026, ending June 30.
Microsoft has teamed up with the consulting firm EY to accelerate AI adoption by enterprises. Amid the growing interest in digital assets, Microsoft anticipates continued strong growth in its cloud business, through which it powers digital assets trading platforms. The company expects its Azure cloud sales to increase between 39% and 40% in the June quarter, according to projections made on April 29.