Bernstein raised its price target on Microsoft (MSFT) to $662 from $660 and kept an 'Outperform' rating ahead of fiscal Q1 2027 results due after the close on Oct. 28, 2026, with shares down 0.11% premarket and up over 9% year-to-date. The firm said expectations still seem reasonable and it leans positive on the market's reaction. Analysts expect earnings of about $4.72 per share on revenue of roughly $90.4 billion, and per Koyfin data, 53 of 56 analysts rate the stock Buy or Strong Buy. The Telegraph reported that Microsoft has withdrawn from a planned Nscale data center in Loughton, Essex, which was to rent 23,000 Nvidia AI chips and faces grid delays until the 2030s. The deal is believed to be a small part of Nscale's $103 billion in contracted revenue, more than 40% of which comes from Microsoft.
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MSFT
▲ Likely positiveMicrosoft
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $4.0T |
| Close on 10/16/2026 | 528.95 |
| Change that session | -1.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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