Latest news with #MicrosoftCorporation
Yahoo
5 days ago
- Business
- Yahoo
BofA Names Microsoft (MSFT) a Winner in Small-to-Mid-Size Business Software
We recently published a list of . In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI stocks on latest news and ratings. Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On Wednesday, May 28, Bank of America reiterated Microsoft Corporation (NASDAQ:MSFT) as 'Buy.' The firm said that Microsoft is a winner in the small-to-mid-size software business market. 'We highlight Microsoft, Intuit and HubSpot as key winners in SMB [small and mid size business] software, addressing large markets, with formidable advantages stemming from large installed bases, product depth/breadth and robust sales channels.' A development team working together to create the next version of Windows. Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $505 implies a 10% upside, however, the Street-high target of $650 implies an upside of 41.87%. Overall, MSFT ranks 1st on our list of AI stocks on latest news and ratings. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Microsoft (MSFT) Gets $540 Price Target – Analyst Sees $24 Billion AI Revenue Boom
We recently published a list of . In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI stocks that are on analyst's radar today. One of the most notable analyst calls on May 27, Tuesday, was for Microsoft Corporation. TD Cowen reiterated the stock as 'Buy' and raised its price target on the stock to $540 per share from $490. Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. According to analyst Derrick Wood, annual recurring revenues at Azure AI, which are a suite of cloud-based AI services, could boost from $4 billion in 2024 to around $24 billion in 2026. Wood said this leap was 'conservative with solid room for upside.' Roman Pyshchyk/ He further stated that Azure growth will be boosted as AI revenue accelerates development in the Azure model, particularly OpenAI's contribution. 'As AI revenue is rapidly building in the Azure model, especially OpenAI's contribution, we think this will start to put stronger upward pressure on total Azure growth. We think a return to Azure upside trends and firmer growth in the mid-30% level should help drive a stronger narrative around Azure and greater fund flows back into MSFT. ' Overall, MSFT ranks 1st on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
6 days ago
- Business
- Yahoo
Stock Market News for May 12, 2025
U.S. stocks ended mostly lower on Friday as investors waited for the outcome of the high-stakes trade talks between U.S. and Chinese officials scheduled to be held over the weekend in Switzerland. The Dow Jones Industrial Average (DJI) shed 0.3% or 119.07 points, to end at 41,249.38 points. The S&P 500 declined less than 0.1% or 4.03 points to close at 5,659.91 points. Healthcare, consumer staples and communication services stocks were the worst performers. The Health Care Select Sector SPDR (XLV) lost 1.1%, while the Consumer Staples Select Sector SPDR (XLP) declined 0.6%. The Communication Services Select Sector SPDR (XLC) fell 0.5%. Six of the 11 sectors of the benchmark index ended in positive territory. The tech-heavy Nasdaq ended the session little changed, gaining 0.78 points to end at 17,928.92 points. The fear-gauge CBOE Volatility Index (VIX) was down 2.58% to 21.90. Advancers outnumbered decliners on the NYSE by a 1.35-to-1 ratio. On Nasdaq, a 1.06-to-1 ratio favored declining issues. A total of 16.03 billion shares were traded on Friday, lower than the last 20-session average of 16.47 billion. Stocks finished slightly lower on Friday as investors remained hesitant to make bold moves ahead of the scheduled U.S.-China trade talks in Switzerland over the weekend. Investors are hopeful about a positive outcome after the U.S. and the UK reached a preliminary trade deal earlier in the week. Investors believe the U.S.-U.K. trade deal will open the gates for more trade pacts in the coming days. However, the 10% baseline tariff on all U.K. goods is likely to apply to the other nations also. Stocks swung between gains and losses on Friday after President Donald Trump said that China should open its market to the U.S. and that 80% tariffs on Chinese goods 'seems right.' The current tariff on Chinese imports stands at 145% and investors are hopeful that it will come down substantially once a trade deal is reached between the two countries over the weekend. Markets have been volatile since Trump announced sweeping tariffs on all the trading partners of the United States. However, markets have rebounded in the past couple of weeks after the tariffs were temporarily paused for 90 days. Tech stocks gained on Friday, with shares of Apple Inc. (AAPL) ending 0.5% higher. Shares of Microsoft Corporation (MSFT) rose 0.1%. Microsoft has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. No major economic data was released on Friday. For the week, the Dow ended 0.2% lower, while the S&P 500 lost 0.5%. The Nasdaq finished 0.3% lower for the week. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Why an Investment Bank Remains Bullish on Microsoft (MSFT)
Investment bank Cantor Fitzgerald remained upbeat on Microsoft Corporation (NASDAQ:MSFT) in a recent note to investors, highlighting what it sees as the tech giant's significant progress in AI. Cantor kept a $512 price target and an Overweight rating on the name. Cantor believes that the tech giant will soon be seen as a leader in agentic AI, based on products within the latter sector that it recently unveiled. For example, the investment bank was pleased by the tech giant's introduction of multiple agents to its M365 Copilot and Copilot Studio products. Meanwhile, Azure, MSFT's cloud-infrastructure unit, is producing AI apps, agents, and management tools, Cantor reported. Microsoft Corporation (NASDAQ:MSFT)'s launch of a coding agent and its introduction of new large-language models were also greeted enthusiastically by Cantor. MSFT's AI tools are expected to help developers, the investment bank added. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
6 days ago
- Business
- Yahoo
Microsoft (MSFT) Gets $540 Price Target – Analyst Sees $24 Billion AI Revenue Boom
We recently published a list of . In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI stocks that are on analyst's radar today. One of the most notable analyst calls on May 27, Tuesday, was for Microsoft Corporation. TD Cowen reiterated the stock as 'Buy' and raised its price target on the stock to $540 per share from $490. Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. According to analyst Derrick Wood, annual recurring revenues at Azure AI, which are a suite of cloud-based AI services, could boost from $4 billion in 2024 to around $24 billion in 2026. Wood said this leap was 'conservative with solid room for upside.' Roman Pyshchyk/ He further stated that Azure growth will be boosted as AI revenue accelerates development in the Azure model, particularly OpenAI's contribution. 'As AI revenue is rapidly building in the Azure model, especially OpenAI's contribution, we think this will start to put stronger upward pressure on total Azure growth. We think a return to Azure upside trends and firmer growth in the mid-30% level should help drive a stronger narrative around Azure and greater fund flows back into MSFT. ' Overall, MSFT ranks 1st on our list of AI stocks that are on analyst's radar today. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
