Truist Financial Boosts Microsoft (NASDAQ:MSFT) Price Target to $675.00

Microsoft (NASDAQ:MSFT) had its price target boosted by Truist Financial from $650.00 to $675.00 in a report issued on Monday, Marketbeat reports. The firm presently has a “strong-buy” rating on the software giant’s stock. Truist Financial’s price objective suggests a potential upside of 32.41% from the company’s previous close.

Several other equities analysts have also recently weighed in on the stock. Raymond James Financial raised their price target on shares of Microsoft from $490.00 to $570.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. Citigroup lifted their target price on shares of Microsoft from $605.00 to $613.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. UBS Group reissued a “buy” rating and set a $650.00 target price (up previously from $600.00) on shares of Microsoft in a research report on Thursday, July 31st. Needham & Company LLC reissued a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, Mizuho lifted their target price on shares of Microsoft from $540.00 to $625.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $612.54.

Microsoft Stock Performance

NASDAQ MSFT opened at $509.77 on Monday. The company has a market capitalization of $3.79 trillion, a price-to-earnings ratio of 37.37, a PEG ratio of 2.26 and a beta of 1.06. Microsoft has a twelve month low of $344.79 and a twelve month high of $555.45. The stock has a fifty day simple moving average of $504.26 and a 200 day simple moving average of $442.37. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping analysts’ consensus estimates of $3.35 by $0.30. The firm had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The business’s revenue was up 18.1% compared to the same quarter last year. During the same period last year, the business posted $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. Sell-side analysts expect that Microsoft will post 13.08 EPS for the current year.

Insider Buying and Selling at Microsoft

In related news, EVP Takeshi Numoto sold 4,850 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the transaction, the executive vice president directly owned 39,111 shares in the company, valued at approximately $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 8,850 shares of company stock valued at $4,406,512 over the last quarter. Corporate insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On Microsoft

A number of institutional investors have recently bought and sold shares of MSFT. Norges Bank purchased a new stake in Microsoft in the fourth quarter worth approximately $44,343,058,000. Kingstone Capital Partners Texas LLC boosted its stake in shares of Microsoft by 564,387.1% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 90,549,369 shares of the software giant’s stock worth $45,040,162,000 after acquiring an additional 90,533,328 shares during the last quarter. Nuveen LLC purchased a new position in shares of Microsoft during the 1st quarter worth $18,733,827,000. GAMMA Investing LLC boosted its stake in shares of Microsoft by 40,290.4% during the 1st quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant’s stock worth $17,528,950,000 after acquiring an additional 46,579,693 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in shares of Microsoft by 49,640.3% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 29,967,038 shares of the software giant’s stock worth $14,905,904,000 after acquiring an additional 29,906,791 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

About Microsoft

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.