Main to remember
- Microsoft’s actions fell after the second quarter tax results were reported on Wednesday evening.
- Several analysts have lowered their price objectives for the company after lower than expected growth of the Azure Cloud Computing platform in Microsoft.
- The analyst’s consensus remains a “purchase” for Microsoft’s actions.
Microsoft’s actions (MSFT) dropped Thursday after the growth of lower financial clouds than expected of the second quarter has prompted certain analysts to reduce their price objectives for the magnificent seven actions.
UBS has maintained a note “Buy”, but lowered its price target to $ 510 to $ 525, linking the blame on Microsoft Azure, the Cloud Computing platform of the technology giant. The growth of the current quarter of the company was lower than that of the species, said UBS analysts.
“The short-term debate will be dominated by” What happens with Azure? “Question,” they wrote, with its growth “much worse than what we expected”.
Every 19 brokers except one with notes followed by Visible Alpha have a “purchase note” or equivalent on Microsoft’s actions. Their consensual price objective is around $ 516, a premium of around 24% compared to the end of Thursday, which followed a daily drop of 6%.
Some analysts have noted signs of optimism of AI, including the news that the Azure AI foundry of Microsoft– What customers can use to create personalized AI applications – has reached more than 200,000 monthly users after two months.
Bank of America called Microsoft as “first choice”, retaining its price target of $ 510. The bank revised the increase in its profits by action in 2025, calling Microsoft “an AI winner in applications and infrastructure”.
Morgan Stanley reduced his price target to $ 530 by $ 540 and reiterated a “overlapping” note.
