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MSFT Price-Target Cuts After Slower Cloud Growth and AI Spending

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Source: TipRanks
MSFT Price-Target Cuts After Slower Cloud Growth and AI Spending
Photo: TipRanks
TL;DR

Analysts trim Microsoft’s price targets after its latest earnings, citing slower cloud growth and higher AI-related spending. Scotiabank and TD Cowen cut targets to 600 and 610, JPMorgan lowered to 550 while keeping Buy ratings. Microsoft beat on both revenue and earnings, but cloud growth slowed to 39% from 40% and AI capex rose to $37.5 billion, sending MSFT stock down about 12% after the report. Despite the sell-off, the stock remains rated Strong Buy with an average target around $604.13, implying roughly 43% upside from current levels as analysts weigh AI investments against cloud momentum.

Topics:businessmarket-news#cloud-computing#earnings#market-news#microsoft#msft#price-targets
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  1. Microsoft Stock (MSFT) Gets Price Target Cuts After Latest Earnings  TipRanks
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  3. Microsoft Corporation (MSFT)’s Fairwater AI Data Centers Drive Azure Growth Outlook  Yahoo Finance
  4. JPMorgan Chase & Co. Issues Pessimistic Forecast for Microsoft (NASDAQ:MSFT) Stock Price  MarketBeat
  5. Microsoft Up 3% Last Week. Here’s the $786 Upside Case  TIKR.com

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