Microsoft (MSFT) Speaks to Google, Oracle to Help Push for MultiCloud Approach

Microsoft (MSFT) Rallies Other Cloud Providers to Urge U.S. Government to Pursue Multicloud Strategy - WSJ

July 27, 2022 9:01 AM EDT

Microsoft (NASDAQ: MSFT) Rallies Other Cloud Providers to Urge U.S. Government to Pursue Multicloud Strategy - WSJ

Microsoft Cloud Lobbying Aimed at AmazonOracle Says It Supports Microsoft's Multicloud Lobbying Push... More

Microsoft (MSFT) Rallies on Better-than-feared Results, Analysts Remain Very Positive

July 27, 2022 6:36 AM EDT

Microsoft Corp. (NASDAQ: MSFT) reported worse-than-expected FQ4 EPS and revenue, though the companys shares still rose 3.5% in premarket trading.

MSFT reported FQ4 EPS of $2.23, missing the consensus estimates of $2.29. Revenue came in at $51.87 billion, short of the consensus projection of $52.45 billion. The company's Intelligent Cloud business generated $20.91 billion in revenue, while analysts were expecting $21.07 billion.

Microsoft reported... More

Microsoft (MSFT) PT Lowered to $320 at Cowen

July 27, 2022 6:21 AM EDT

Cowen analyst J. Derrick Wood lowered the price target on Microsoft (NASDAQ: MSFT) to $320.00 (from $330.00) while maintaining an Outperform rating following earnings.

The analyst commented, "MSFT reported a mixed 4Q, incl. Azure growth of 46% cc slightly below guide of 47%; 1Q Azure guide... More

Microsoft (MSFT) PT Lowered to $320 at Wedbush

July 27, 2022 6:16 AM EDT

Wedbush analyst Daniel Ives lowered the price target on Microsoft (NASDAQ: MSFT) to $320.00 (from $340.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Raised to $320 at BMO Capital

July 27, 2022 3:57 AM EDT

BMO Capital analyst Keith Bachman raised the price target on Microsoft (NASDAQ: MSFT) to $320.00 (from $305.00) while maintaining a Outperform rating.... More

Microsoft (MSFT) PT Lowered to $300 at Citi

July 27, 2022 3:50 AM EDT

Citi analyst Tyler Radke lowered the price target on Microsoft (NASDAQ: MSFT) to $300.00 (from $330.00) while maintaining a Buy rating.... More

Microsoft (MSFT) PT Lowered to $300 at Stifel

July 27, 2022 3:34 AM EDT

Stifel analyst Brad Reback lowered the price target on Microsoft (NASDAQ: MSFT) to $300.00 (from $320.00) while maintaining a Buy rating.... More

Microsoft (MSFT) PT Lowered to $330 at Deutsche Bank

July 27, 2022 2:53 AM EDT

Deutsche Bank analyst Brad Zelnick lowered the price target on Microsoft (NASDAQ: MSFT) to $330.00 (from $350.00) while maintaining a Buy rating.... More

Microsoft (MSFT) Falls 1% Following Q4 Earnings Miss

July 26, 2022 4:28 PM EDT

Microsoft (NASDAQ: MSFT) shares fell 1% after-hours Tuesday after the software giant reported its Q4 results, with EPS of $2.23 coming in worse than the consensus estimate of $2.29. Revenue grew 12% year-over-year (16% in constant currency) to $51.9 billion, compared to the consensus estimate of $52.43 billion.

Revenue in Productivity and... More

Microsoft soothes market fears with forecast for strong revenue growth

July 26, 2022 4:08 PM EDT

By Akash Sriram and Jane Lanhee Lee

(Reuters) -Microsoft Corp on Tuesday forecast revenue this fiscal year would grow by double digits, driven by demand for cloud computing services and sending shares up 5%.

The strong outlook shows Microsoft continues to benefit from the pandemic-led shift to hybrid work models and comes at a time when investors are bracing for an economic downturn, with inflation roaring and consumers cutting spending.

Bob ODonnell, an analyst for TECHnalysis Research, said Microsoft's forecast shows that despite the negative economic trends, companies continue to move more business and work online.

... More