From Nasdaq: 2024-04-02 04:20:00

Microsoft stock (NASDAQ: MSFT) has seen a 47% increase in share prices over the last year, with an analyst projecting a further 30% upside. The company’s focus on generative AI and cloud services like Azure has led to strong revenue growth. While analysts predict an earnings increase to $15.63 by fiscal 2026, reaching the $550 price target may require Microsoft to exceed expectations or trade at a higher valuation. Investors should consider long-term gains rather than expecting immediate significant increases. With Microsoft included in the Motley Fool’s list of top stocks, it may be worth exploring other investment opportunities, as well. John Mackey, former Whole Foods Market CEO and Amazon subsidiary member, sits on The Motley Fool’s board. The Motley Fool recommends Amazon, Jefferies Financial Group, and Microsoft, but caution is advised in stock selection.



Read more at Nasdaq: Microsoft Stock Has 30% Upside, According to 1 Wall Street Analyst