Microsoft Earnings Press Release Available on Investor Relations Website

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Go back to Microsoft Earnings Press Release Available on Investor Relations Website

Oppenheimer Raises Price Target on Microsoft (MSFT) to $65 Following 1Q Beat

October 24, 2016 9:43 AM EDT

Oppenheimer reiterated an Outperform rating on Microsoft (NASDAQ: MSFT), and raised the price target to $65.00 (from $62.00), following the company's 1Q earnings report. Revenue of $22.3B beat estimates by 360bps. The revenue beat was driven by strength in all three business segments. Gross/operating margins came in... More

Oppenheimer Reiterates Outperform on Microsoft (MSFT) Following Strong 1Q Report

October 21, 2016 10:22 AM EDT

Oppenheimer reiterated an Outperform rating and $62.00 price target on Microsoft (NASDAQ: MSFT) following the company's 1Q earnings report. Non-GAAP revenue of $22.3B was up 5%, vs. estimates of $21.6B. EPS was $0.10 above $0.66 estimates, driven by the beat and lower taxes. There were few concerns, but... More

Microsoft (MSFT) PT Lifted to $68 at Nomura

October 21, 2016 7:00 AM EDT

Nomura Securities analyst Frederick Grieb reiterated a Buy rating and raised his price target on Microsoft (NASDAQ: MSFT) to $68.00 (from $65.00) amid strong results with continued cloud growth.

Grieb commented, ". Microsoft reported F1Q'17 revenue and non-GAAP EPS of $22.3bn and $0.76, which was... More