Microsoft (NASDAQ:MSFT) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Microsoft (NASDAQ:MSFT - Get Free Report) had its price target boosted by BMO Capital Markets from $470.00 to $485.00 in a research report issued to clients and investors on Thursday,Finviz reports. The brokerage currently has an "outperform" rating on the software giant's stock. BMO Capital Markets' price target would suggest a potential upside of 22.70% from the stock's previous close.

MSFT has been the topic of several other reports. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Westpark Capital assumed coverage on Microsoft in a report on Tuesday, April 1st. They set a "hold" rating for the company. Wells Fargo & Company cut their price target on Microsoft from $515.00 to $500.00 and set an "overweight" rating for the company in a report on Monday, April 14th. StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Finally, DA Davidson upgraded Microsoft from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th. Five equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $494.43.

Microsoft Price Performance

MSFT opened at $395.26 on Thursday. The company has a 50-day moving average of $383.76 and a 200-day moving average of $410.91. The company has a market capitalization of $2.94 trillion, a P/E ratio of 31.82, a PEG ratio of 2.21 and a beta of 1.00. Microsoft has a 1-year low of $344.79 and a 1-year high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.94 EPS. Equities analysts expect that Microsoft will post 13.08 EPS for the current fiscal year.

Institutional Trading of Microsoft

Hedge funds and other institutional investors have recently bought and sold shares of the business. Adamsbrown Wealth Consultants LLC raised its position in shares of Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after buying an additional 130 shares in the last quarter. Mcdaniel Terry & Co. increased its holdings in shares of Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after buying an additional 18,052 shares in the last quarter. Campbell Wealth Management bought a new position in shares of Microsoft in the 3rd quarter valued at $3,314,000. Centric Wealth Management boosted its holdings in shares of Microsoft by 0.7% during the 3rd quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after acquiring an additional 112 shares in the last quarter. Finally, 1900 Wealth Management LLC boosted its holdings in shares of Microsoft by 3.0% during the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after acquiring an additional 294 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Company Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.