Microsoft shares rose 0.38% to $523.88 at 9:40 a.m. ET on November 2, after Baird raised its price target to $600 from $500 on October 30 while keeping an Outperform rating, citing acceleration in Azure and Microsoft 365. In its October 28 release, Microsoft reported quarterly revenue of $92.279 billion, including $63.9 billion from Microsoft Cloud, or 69.2% of the total. Azure grew 48%, and commercial remaining performance obligations rose 73% to $677 billion, pointing to substantial contracted demand that has not yet been recognized as revenue. The article says delivering enough capacity to serve customers will influence how quickly these commitments become results. GuruFocus gives a GF Score of 100/100 and a price-to-earnings ratio of 27.36, while noting lower financial strength scores and one severe warning.
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MSFTcloud computingartificial intelligenceearnings
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Related tickers and likely impact
MSFT
▲ Likely positiveMicrosoft
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/30/2026 | 521.90 |
| Change that session | -1.55% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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