Microsoft stock will surge 24% amid a 'tidal wave' of AI-monetization opportunities, Wedbush says [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Microsoft Corporation (MSFT)
Last microsoft corporation earnings: 4/29 04:06 pm
Check Earnings Report
US:NASDAQ Investor Relations:
microsoft.com/en-us/investor
Company Research
Source: Yahoo! Finance
The firm's cloud platform Azure is also boosting AI spending, and will keep growing. Artificial intelligence deal conversions are accelerating, priming shares of Microsoft to reach even higher records, Wedbush Securities said. The firm lifted its price target for shares of the tech giant from $500 to $550, representing upside potential of 24% from current levels. Year-to-date, Microsoft is up 17.6%. Behind the call were increasingly bullish customer checks, Wedbush Securities said, driven by "a tidal wave of Copilot and Azure monetization now on the doorstep for MSFT." "We believe the stock still has yet to price in what we view as the next wave of cloud and AI growth coming to the Redmond story with a strong competitive cloud edge vs. Amazon especially and Google in cloud bake offs," analyst Dan Ives wrote on Sunday. Conversations with customers and clients indicated particular strength around Copilot deployment, Microsoft's AI-companion software. According to Ives, it c
Show less
Read more
Impact Snapshot
Event Time:
MSFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MSFT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MSFT alerts
High impacting Microsoft Corporation news events
Weekly update
A roundup of the hottest topics
MSFT
News
- Are the new AI-powered Windows Copilot+ laptops worth it? Our hands-on opinion [CBS News]CBS News
- Amazon hits US$2-trillion in valuation on AI fervor, rate cut [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Microsoft (MSFT) Faces Charges by EU for Bundling Teams, Office [Yahoo! Finance]Yahoo! Finance
- Is iShares Core Dividend Growth ETF (DGRO) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Thinkific Makes Key Exec Appointments to Drive Further Innovation and Expansion in B2B and Creator Education Sectors [Yahoo! Finance]Yahoo! Finance
MSFT
Earnings
- 4/25/24 - Beat
MSFT
Sec Filings
- 6/25/24 - Form 11-K
- 6/25/24 - Form 11-K
- 6/14/24 - Form 4
- MSFT's page on the SEC website