Microsoft’s Price Target Raised on Long-term GPT-AI Tailwinds, Shares Up 2%
<p>Oppenheimer raised <a href='https://financialmodelingprep.com/financial-summary/MSFT'>Microsoft's (NASDAQ: MSFT)</a> price target to $310 from $280 and maintained its Outperform rating due to long-term GPT-AI tailwinds. According to the analysts, AI tailwinds will result in a 10% incremental boost to Azure's annual growth in fiscal 2025, increasing to 25% in 2026 and 40% in 2027. </p>
<p>Additionally, they expect a 20% incremental boost in Office's growth in 2025, rising to 30% in 2026 and 30% in 2027. As a result, the analysts increased their revenue estimates for 2025, 2026, and 2027 by 1%, 4%, and 9%, respectively. </p>
<p>Despite potential near-term setbacks from the uncertain economy and the banking sector, the analysts believe that "AI technologies are catalyzing the next platform shift, with Microsoft in the lead." Shares gained more than 2% today.</p>

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