What Analysts Think of Microsoft Stock Ahead of Earnings
Key points
- Microsoft plans to report the results of its second quarter after Wednesday.
- Analysts of Morgan Stanley said that the “Word of worry” created an attractive entry point for the stock.
- It is expected to grow year -on -year, especially in the field of intelligent cloud in Microsoft.
Microsoft(MSFT) The fiscal revenue of the second quarter after the market is closed on Wednesday, and analysts have greatly increased the results to a large extent.
“The emotions of investors have shifted negative, because the” Word of worry around the gross profit margin Capital expenditureAnalysts of Morgan Stanley recently said that this was established by the relationship between Genai Monetization and Openai.
The company has reduced its price target from $ 548 to $ 540, but it means that Microsoft is Generate artificial intelligence The recent market trend has created “an attractive entry point”.
Overall, 18 of the 19 analysts tracked by Alpha have “buy” or the same rating, and one “hold” rating. The target of consensus targets has just exceeded $ 517, and the stock closed at a closing price of $ 444 on Friday.
Wall Street is expected to report revenue of US $ 68.92 billion, an increase of 11 % year -on -year; and a $ 23.36 billion income, that is, $ 3.13 per share, which is higher than $ 2.93 per share a year ago. The revenue of Microsoft’s intelligent cloud (including its Azure Cloud Computing platform) is expected to climb up 20 % to $ 25.76 billion.
The company recently said that Jefferies analysts “full of confidence in Azure’s re -calculation” in the second half of the fiscal year. Analysts pointed out that a recent Microsoft blog post announced the “new, large Azure commitment” of ChatGPT Maker Openai. Jefferies rated “buy”, with a target price of $ 550.
In the past 12 months, Microsoft’s stock price is about 11 %.