Microsoft's Growth Soars with AI Innovations, Projected to Lead in Public Cloud by 2032: Analyst
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Analyst Keith Weiss maintained Microsoft (NASDAQ:MSFT) with an Overweight rating and raised the price target from $465 to $520. Weiss projected a 14% revenue CAGR and 16% EPS CAGR for Microsoft through fiscal 2029. He noted that Microsoft's improving positioning for Public Cloud could lead to Azure taking the market share lead by 2032. Weiss's new price target reflects his confidence in Microsoft's EPS growth trajectory and AI leadership position. Analyst Tyler Radke attended Microsoft's Fabric Community Conference and came away positive, noting Microsoft's innovation and leadership in the GenAI investment cycle. Microsoft stock gained over 50% in the last 12 months.
#Microsoft #Ai #PublicCloud #KeithWeiss #TylerRadke #Azure
https://markets.businessinsider.com/news/stocks/microsoft-s-growth-soars-with-ai-innovations-projected-to-lead-in-public-cloud-by-2032-analyst-1033242296
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2024-04-11 21:37:08
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"content": "Microsoft's Growth Soars with AI Innovations, Projected to Lead in Public Cloud by 2032: Analyst\n==========\n\nAnalyst Keith Weiss maintained Microsoft (NASDAQ:MSFT) with an Overweight rating and raised the price target from $465 to $520. Weiss projected a 14% revenue CAGR and 16% EPS CAGR for Microsoft through fiscal 2029. He noted that Microsoft's improving positioning for Public Cloud could lead to Azure taking the market share lead by 2032. Weiss's new price target reflects his confidence in Microsoft's EPS growth trajectory and AI leadership position. Analyst Tyler Radke attended Microsoft's Fabric Community Conference and came away positive, noting Microsoft's innovation and leadership in the GenAI investment cycle. Microsoft stock gained over 50% in the last 12 months.\n\n#Microsoft #Ai #PublicCloud #KeithWeiss #TylerRadke #Azure\n\nhttps://markets.businessinsider.com/news/stocks/microsoft-s-growth-soars-with-ai-innovations-projected-to-lead-in-public-cloud-by-2032-analyst-1033242296",
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