Analysts Forecast Strong Upside for Microsoft Ahead of Q3 Earnings

Microsoft is gearing up to release its results for the quarter after the markets close this Wednesday and analysts are expressing optimism, about the company’s performance despite fluctuations, in the market lately.

All 20 analysts followed by Visible Alpha have recommended buying or holding Microsoft stocks despite the 7% dip, in value this year far. The average target price exceeding $492 suggests an increase of over 25%, from Friday’s closing price of $391.85.

In the quarter forecasted results show a revenue of around $68.44 billion which is more, than 10% higher than the previous year’s corresponding period numbers. The estimated net income stands at $23.94 billion with an earnings per share of $3.21 as opposed to the year’s figures of $21.94 billion in income with earnings, per share at $2.94.

The main factors to consider are;

• The revenue, for the Intelligent Cloud division, is expected to increase by 18% reaching $26.13 billion.
• Microsofts leading cloud service Azure is consistently gaining market share.
• Microsoft is less affected by conditions, due to its limited exposure to retail stores and advertising, in the hardware market.

Top companies, like Wedbush and Goldman Sachs, have recently made revisions to their price targets due to worries, about increasing tariffs implemented by the Trump administration’s policies; however, the overall outlook remains optimistic.

Microsofts significant advancement, in the field of intelligence emerges as a driver for its future expansion opportunities. If you are aiming to shape your portfolio towards excellence would certainly recommend keeping an eye on Microsoft boasts solid foundational elements en growth prospects across various business sectors en steady backing, from analysts. Painting an intriguing narrative.