Overview

• Microsoft shares soared to a fresh all-time high on Thursday, lifting its market capitalization to $3.69 trillion and marking an 18.8% gain year-to-date.
• Wells Fargo and Wedbush boosted their MSFT price targets to $585 and $600 respectively, highlighting Microsoft’s early advantage in AI and accelerating Azure monetization.
• All 19 brokerages tracked by Visible Alpha maintain buy ratings on MSFT stock, with current analyst price targets averaging between $532 and $571.
• Technical analysts note that MSFT is trading within a narrow ascending channel and project a potential upside to $565, backed by a recent golden cross and strong momentum signals.
• Microsoft plans to cut thousands of jobs as it reallocates resources to AI and next-gen cloud services that analysts forecast could grow from about 20% to as much as 60% of its revenue.