Microsoft is expected to report increased earnings, with analysts projecting a positive outlook.

From Nasdaq: 2024-10-04 14:41:21

Microsoft Corporation is set to release its fiscal Q1 earnings results for 2025 with analysts projecting a profit of $3.08 per share, up 3% from the previous year. For fiscal 2025, EPS is forecasted to be $13.04, a 10.5% increase. Despite mixed performance in 2024, analysts maintain a bullish outlook on Microsoft with a strong buy rating and a target price of $503.55.

In 2024, Microsoft saw a 10.5% stock increase, but lagged behind the S&P 500 and Technology Select Sector SPDR Fund. Despite beating EPS estimates, the stock fell over 1% due to disappointing cloud computing revenue, overshadowing strong overall revenue. Positive news about a new AI product drove the stock up on Sep. 10.

The consensus view on Microsoft is optimistic with a “Strong Buy” rating from analysts. Out of 38 analysts covering the stock, 33 suggest a “Strong Buy” and 3 a “Moderate Buy.” The average price target for MSFT is $503.55, indicating a potential 21.2% upside. This is slightly less bullish than three months ago.



Read more at Nasdaq: Earnings Preview: What to Expect From Microsoft’s Report