"Shares of Microsoft (NASDAQ:MSFT) lost 0.64% over the past five trading sessions after slipping 0.55% the five prior as tech's sell-off continues. Still, MSFT is up 42.12% since its year -to-date low on April 8. The company's reported strong Q2 earnings on July 30. The Magnificent Seven mainstay reported EPS of $3.65 versus analysts' expectations of $3.35, while quarterly revenue came in at $76.44 billion. MSFT is now up 20.35% this year."
"In August, Truist raised its price target on Microsoft to $675 from $650 while keeping a "Buy" rating. That follows price target upgrades that came i n July. Citi raised its price target on Microsoft to $613 from $605 while keeping a "Buy" rating. Piper Sandler raised its price target for MSFT to $600 from $475 while keeping an "Overweight" rating."
"On June 5, it was reported that the company will be expanding its AI and cloud investments in Switzerland, committing $400 million to expand its data center infrastructure in the European nation. The additional capacity is expected to support more than 50,000 current customers and expand the availability of AI services for more sectors, including health care, finance government. Microsoft is capitalizing on its Azure platform's momentum as revenue jumped 33% in FY25 Q3, driven by AI services."
"When the company last reported earnings, it announced that t otal revenue and it generated earnings of $3.46 per share, beating estimates of $3.22 per share. Despite a $800 million charge in Q1 from its investment in rose 13% to $70.1 billion General Motors ' Cruise robotaxi initiative that the automaker subsequently shutdown, Microsoft's focus on AI and cloud resilience continues to fuel optimism."
Microsoft shares dipped modestly over recent trading sessions but remain up 42.12% since the April 8 year-to-date low and 20.35% year-to-date. The company posted strong Q2 results with EPS of $3.65 versus $3.35 estimates and quarterly revenue of $76.44 billion. Multiple analysts raised price targets in July and August, including Truist to $675, Citi to $613, and Piper Sandler to $600. Microsoft committed $400 million to expand Swiss data centers to support over 50,000 customers and broaden AI services. Azure revenue rose 33% in FY25 Q3. Earlier results showed $3.46 earnings per share and revenue resilience despite an $800 million Q1 charge tied to the Cruise investment. The company reduced its workforce by about 3%, reflecting cost discipline amid uncertainty while demand for cloud and AI services remains a key growth driver.
Read at 24/7 Wall St.
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