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Although Microsoft (NASDAQ: MSFT) stock has declined well below its all-time high (ATH) price of $467.56 it reached in early July this year, the technology behemoth’s shares have started to move upwards again recently, and Wall Street analysts have retained their optimism. Indeed, Microsoft shares began to shift higher after the company’s recent announcement of a $60 billion stock buyback program and a 10% boost to its quarterly dividend, as well as revealing several new artificial intelligence (AI) features and upgrades to its Copilot AI assistant. Wall Street’s Microsoft stock price prediction In this context, a group of 30 Wall Street analysts offering their 12-month Microsoft stock price predictions in the past three months have rated MSFT as a ‘strong buy,’ with 29 of them recommending a ‘buy,’ only one suggesting to ‘hold,’ and with no ‘sell’ calls, as per data on September 17. Microsoft stock price prediction 2025. Source: TipRanks At the same time, they have set the 12-month Microsoft price target at an average of $501.15, which would represent a 16.18% increase from its price at press time, with the lowest suggested price target sitting at $470 (+8.96%), and the highest amounting to $550 (+27.51%). What Wall Street analysts say The one cautious Wall Street analyst is Guggenheim’s John DiFucci, who believes that Microsoft should have carried out some of its restructuring a long time ago, such as transferring Enterprise Mobility + Security (EMS) to Microsoft 365, but that it is “better late than never.” However, Microsoft’s new structure, which he referred to as a “more opaque, or a blacker box,” does not precisely spark joy for him: “Unfortunately, no historical data was provided, and while we’ll get y/y growth metrics as Microsoft reports the next four quarters, that simply isn’t much to gauge how these businesses have…

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Filed under: News - @ September 17, 2024 10:28 am