Overview
- Microsoft’s shares hit an intraday high of $468.49 on June 5, marking a 12% year-to-date gain and a nearly 30% rise since April.
- Microsoft has integrated AI into products like GitHub Copilot and Microsoft 365, driving increased adoption among enterprise customers.
- Analysts predict Microsoft’s AI initiatives could generate over $10 billion in annual revenue, reinforcing expectations of substantial growth.
- More than 90% of analysts tracked by Bloomberg recommend buying Microsoft stock, with average price targets implying near double-digit upside over the next 12 months.
- Bank of America reports that 91% of long-only funds hold Microsoft shares, underscoring broad investor confidence.