Analysts Set Microsoft Co. (NASDAQ:MSFT) Target Price at $510.96

Shares of Microsoft Co. (NASDAQ:MSFT) have received an average rating of “Moderate Buy” from the twenty-nine analysts that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and twenty-six have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $509.54.

Several research analysts have commented on the company. Morgan Stanley cut their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. DA Davidson reaffirmed a “neutral” rating and issued a $425.00 price target on shares of Microsoft in a report on Thursday, January 30th. Wedbush reaffirmed an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, Loop Capital raised their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd.

Microsoft Stock Down 0.9 %

MSFT stock opened at $393.31 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The company has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 31.67, a PEG ratio of 2.21 and a beta of 0.92. Microsoft has a fifty-two week low of $381.00 and a fifty-two week high of $468.35. The stock has a fifty day moving average of $416.40 and a 200-day moving average of $421.85.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the company posted $2.93 earnings per share. As a group, equities research analysts predict that Microsoft will post 13.08 earnings per share for the current year.

Hedge Funds Weigh In On Microsoft

A number of large investors have recently bought and sold shares of MSFT. Ball & Co Wealth Management Inc. bought a new stake in shares of Microsoft in the 4th quarter worth approximately $31,000. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft in the 4th quarter worth approximately $38,000. Christopher J. Hasenberg Inc grew its position in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after buying an additional 25 shares during the last quarter. IFS Advisors LLC grew its position in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after buying an additional 35 shares during the last quarter. Finally, LSV Asset Management bought a new stake in shares of Microsoft in the 4th quarter worth approximately $44,000. 71.13% of the stock is owned by hedge funds and other 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.