Here is What to Know Beyond Why Microsoft Corporation (MSFT) is a Trending Stock

From Nasdaq: 2024-04-30 09:00:15

Microsoft (MSFT) is a top search on Zacks.com. Shares dropped -5.3% in the last month, compared to industry’s 5.3% loss. Analysts estimate earnings of $2.89 per share for the current quarter, reflecting +7.4% YoY change. Zacks Rank #3 indicates a hold for Microsoft, with room for price performance improvement.

Earnings estimates dictate a stock’s future value. Microsoft’s consensus EPS of $11.75 for the year is expected to increase by +19.8%. Revenue growth forecasts indicate a +14.2% YoY increase for the current quarter. Valuation shows Microsoft trading at a premium to its peers, graded D by Zacks.

An AI company is Zacks’ top pick for explosive growth. Clients include BMW, GE, and Dell, with potential for quadruple returns. While not all picks may succeed, this company has strong growth prospects. Free stock analyses and recommendations are available on Zacks.com for interested investors.



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