Microsoft Corporation

Report azionario NasdaqGS:MSFT

Capitalizzazione di mercato: US$3.7t

Microsoft Crescita futura

Criteri Future verificati 3/6

Microsoft prevede che gli utili e i ricavi cresceranno rispettivamente di 14.1% e 15.2% all'anno. Si prevede che l'EPS crescerà di 14.3% all'anno. Si prevede che il ritorno sul capitale proprio sarà di 25.9% in 3 anni.

Informazioni chiave

14.1%

Tasso di crescita degli utili

14.30%

Tasso di crescita dell'EPS

Software crescita degli utili20.6%
Tasso di crescita dei ricavi15.2%
Rendimento futuro del capitale proprio25.94%
Copertura analitica

Good

Ultimo aggiornamento17 Sep 2026

Aggiornamenti recenti sulla crescita futura

Articolo di analisi • Aug 01

Earnings Update: Microsoft Corporation (NASDAQ:MSFT) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Shareholders will be ecstatic, with their stake up 22% over the past week following Microsoft Corporation 's...
Articolo di analisi • May 02

Microsoft Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Last week, you might have seen that Microsoft Corporation ( NASDAQ:MSFT ) released its third-quarter result to the...

Recent updates

Seeking Alpha • Sep 11

Microsoft: Big Tech Winner Still On Sale

Summary Microsoft is rated a buy, supported by strong Azure growth, Copilot adoption, and a valuation discount to historical averages. Azure revenue surged 43% with demand outpacing supply; guidance calls for further acceleration to 45% growth next quarter. Copilot reached 30 million paying seats, up 50% quarter-over-quarter, and is positioned as a core AI orchestration layer for enterprises. Despite OpenAI partnership risks, MSFT's broad-based demand, integrated AI strategy, and discounted PEG present a compelling entry point. Read the full article on Seeking Alpha
Aggiornamento narrativa • Sep 04

MSFT: AI Infrastructure Buildout And Azure Demand Will Support Future Leadership

Analysts are nudging fair value for Microsoft higher to $572.92, reflecting richer AI driven revenue assumptions tied to Azure and M365 Copilot adoption, while tempering profit margins and using a lower future P/E in line with the recent wave of higher Street price targets that cluster in the $510 to $700 range. Analyst Commentary Recent Street research around Microsoft highlights a clear divide between bullish analysts who see AI as a long runway for growth and those who are more cautious about margins, capital intensity, and valuation.
Aggiornamento narrativa • Sep 03

Has the business thesis improved?

Microsoft’s AI thesis is working—but cash returns must justify a ~27.5× FY2029 P/E Microsoft’s FY2026 results strengthened my long-term company thesis. Revenue reached $331.8 billion, the operating margin was 46.8%, Azure surpassed $100 billion of annual revenue on the newly restated basis, Microsoft 365 Copilot exceeded 30 million paid seats, and commercial remaining performance obligations reached $678 billion.
Nuova narrativa • Sep 03

Microsoft: Quality Compounder Buying the AI Backbone

I'm buying Microsoft as a long-term core holding (10–15+ years) because it is, in my view, the best-positioned incumbent to convert the AI cycle into durable, recurring cash flow. This isn't a bet on a single product — it's a bet on an ecosystem: Azure as the cloud backbone, Microsoft 365 + Copilot embedding AI into the daily workflow of hundreds of millions of enterprise users, GitHub, Dynamics, security, and the OpenAI relationship.
Aggiornamento narrativa • Aug 19

MSFT: AI Infrastructure And Custom Chips Will Sustain Premium Earnings Multiples

Microsoft's updated analyst price target framework reflects a higher fair value estimate of $717.92, with analysts pointing to the company's AI driven Azure and M365 Commercial Cloud growth, stronger profit margin assumptions, and a lower projected future P/E multiple as key supports for the change. Analyst Commentary Recent Street research shows a broadly constructive tone around Microsoft, with many bullish analysts updating price targets and reiterating confidence in the company’s AI centric cloud strategy.
Nuova narrativa • Aug 05

Earnings Grew 22%, Not 31%, And The Difference Is OpenAI Accounting

Correct the growth rate first. GAAP net income rose 31%.
Aggiornamento narrativa • Aug 05

MSFT: AI Data Center Capex Will Pressure Margins And Cash Flows

Microsoft's updated fair value estimate has moved up by around $9 to $422.83 per share as analysts factor in higher expected profit margins and sustained AI driven demand for Azure and Copilot, reflected in a series of recent price target revisions that often sit in the $500 to $650 range. Analyst Commentary Recent Street research on Microsoft highlights a clear split between bullish long term AI optimism and more cautious voices that are focused on valuation, capital intensity, and execution around Azure and Copilot.
Articolo di analisi • Aug 01

Earnings Update: Microsoft Corporation (NASDAQ:MSFT) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Shareholders will be ecstatic, with their stake up 22% over the past week following Microsoft Corporation 's...
Aggiornamento narrativa • Aug 01

Microsoft Made $26.7 Billion More and Brought Home Less Cash. The Stock Jumped 15% in a Single Day.

Best year in the company's history. Record margins.
Aggiornamento narrativa • Aug 01

10-K Update

Updated with the most recent annual report.
Aggiornamento narrativa • Jul 31

Microsoft (MSFT): The Toll Road Just Sent Its First Real Invoice

The Quarter That Answered the Question I Left Open Two weeks ago I closed this narrative with a question I genuinely couldn't answer: when does a $190 billion capex number stop looking like vertigo and start looking like foresight? I said nobody knew, and that not knowing was what made this a real bet rather than an obvious one.
Aggiornamento narrativa • Jul 22

MSFT: AI Infrastructure Spending Will Support Premium Multiples Over Longer Horizon

Microsoft's analyst price targets have edged lower, with several firms trimming objectives by amounts such as $25 to $115, while still pointing to Azure, Copilot, AI driven demand and tighter cost control as key supports for the long term thesis and for updated assumptions around revenue growth, margins and future P/E multiples. Analyst Commentary Recent commentary on Microsoft continues to center on how its AI and cloud spending filters through to growth, profitability and valuation.
Nuova narrativa • Jul 19

Is Microsoft on sale? and Its Case in the AI Race

(This story appeared on my substack page around a week ago: https://open.substack.com/pub/piproberts25/p/is-microsoft-on-sale-and-its-case?r=6kjdcg&utm_campaign=post-expanded-share&utm_medium=web ) Last October, Microsoft was trading at around US$540 per share. Today it trades closer to US$385.
Nuova narrativa • Jul 13

Microsoft (MSFT): The AI Bull Case Everyone Sees, Trading at a Multiple Nobody's Willing to Pay

What Microsoft Actually Does (And Why the Bear Case Misreads It) Most retail investors think of Microsoft as "the Windows and Office company that also does AI now." That framing is about eight years out of date. Microsoft today is a three-headed compounding machine — enterprise productivity software, cloud infrastructure, and, increasingly, the metering layer for the entire AI economy — and the third head is growing fast enough to change how the other two should be valued.
Nuova narrativa • Jul 06

Microsoft Are Industry Leaders at a Heavy Discount

Microsoft's decline in value over the last year is not surprising, but whether or not it was deserved is another thing entirely. Similar to their peers, a lot of money has been spent developing their AI infrastructure.
Nuova narrativa • Jul 04

A wonderful business at reasonable price.

Microsoft rarely goes on sale, so it's worth paying attention when the multiple compresses. At around $380, the stock trades at roughly 22–23x trailing earnings and ~14x EV/EBITDA, well below its own seven year historical range.
Aggiornamento narrativa • Jun 30

MSFT: AI Infrastructure And OpenAI Stake Will Drive Future Upside

Microsoft's updated analyst narrative reflects a lower implied fair value of about $413 per share, compared with roughly $438 previously, as analysts trim long term gross margin assumptions and future P/E expectations while still recognizing higher modeled revenue growth and profitability tied to the company's AI positioning and recent research commentary. Analyst Commentary Recent research coverage on Microsoft highlights a split view, with some firms still constructive on the company's AI roadmap while a separate group of bearish analysts has been trimming price targets and reassessing long term assumptions.
Articolo di analisi • Jun 19

Microsoft (MSFT) Stock Could Be 18.6% Undervalued After China AI Push and Copilot Reset

Microsoft (MSFT) is back in focus after two linked moves: rapid expansion of its Azure hosted OpenAI services in China and a reset of Copilot Cowork pricing and underlying AI models. See our latest analysis for Microsoft. Despite a long list of AI partnerships and new products like Copilot Cowork, Microsoft’s recent share price performance has been weak, with the stock down 19.8% year to date on a share price basis and total shareholder return declining 20.4% over the past year. However,...
Aggiornamento narrativa • Jun 16

MSFT: AI Infrastructure Buildout And Commercial Backlog Will Drive Future Leadership

Analysts have nudged the Microsoft price target higher by $0.50 to reflect slightly adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E, supported by recent research that highlights Microsoft's positioning in AI software and its progress on capacity, models and Copilot. Analyst Commentary Recent research on Microsoft shows an active debate around how much AI should influence valuation, with both supportive and cautious voices adjusting their targets and views.
Articolo di analisi • Jun 12

Software stocks just gave investors a masterclass

Software stocks crashed on fears AI would make them obsolete, then they came roaring back. This edition of Market Insights aims to hand investors a repeatable playbook for separating real risk from market panic.
Articolo di analisi • Jun 12

Software stocks just gave investors a masterclass

Software stocks crashed on fears AI would make them obsolete, then they came roaring back. This edition of Market Insights aims to hand investors a repeatable playbook for separating real risk from market panic.
Aggiornamento narrativa • Jun 01

MSFT: AI Infrastructure Buildout And Cloud Backlog Will Support Long-Term Leadership

Narrative Update on Microsoft Microsoft's analyst price target framework has been refined with a slightly lower fair value of about $560.89. This reflects analyst views that stronger revenue growth tied to AI initiatives is being balanced by modestly lower margin expectations and a slightly higher required return.
Nuova narrativa • May 21

Microsoft no es una apuesta. Es una franquicia global de la que se puede ser socio durante décadas.

Copilot me ha creado un investment memo ampliado al estilo Warren Buffett , usando exclusivamente datos verificables de Investor Relations de Microsoft (earnings, 10‑Q, reports) y manteniendo un tono sobrio, basado en principios de inversión a largo plazo. Investment Memo – Microsoft (MSFT) (Estilo Buffett: negocio, moat, retorno sobre capital, disciplina de precio) 1.
Aggiornamento narrativa • May 11

Microsoft's enterprise cash-flow durability stays unmatched despite near-term margin pressures

Microsoft’s long‑term economic value remains grounded in the same core reality: the company’s enterprise cash‑flow durability continues to be unmatched. High‑retention subscription economics, entrenched operating‑system and productivity moats, and the scale advantages of Azure still anchor Microsoft’s intrinsic worth far more than any short‑term growth narrative.
Nuova narrativa • May 10

Microsoft will achieve a future PE ratio of 24.626979x by leveraging strong growth

Valuation In 3–5 years, I think Microsoft becomes even more dominant in enterprise AI, cloud infrastructure, and productivity software. Azure and Copilot are probably the biggest growth drivers, while Windows, Office, LinkedIn, GitHub, and gaming remain huge cash generators.
Articolo di analisi • May 02

Microsoft Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Last week, you might have seen that Microsoft Corporation ( NASDAQ:MSFT ) released its third-quarter result to the...
Aggiornamento narrativa • May 02

Microsoft Just Had a Quarter for the History Books. I Still Haven't Bought a Share.

In late March I told you the fundamentals were a fortress and the price had not caught up to the fear yet. The fear faded.
Aggiornamento narrativa • May 02

MSFT: AI Infrastructure Self Sufficiency And Global Data Center Expansion Will Drive Leadership

Analysts have trimmed their average price targets on Microsoft, reflecting a lower assumed fair value of around $562 and a reduced future P/E of roughly 28x. This comes even as they continue to reference solid revenue growth assumptions and mixed reactions to recent OpenAI and AI infrastructure updates across the latest research reports.
Nuova narrativa • Apr 30

AI Infrastructure And Enterprise Agents Will Reshape Long Term Earnings Power

Catalysts About Microsoft Microsoft is a global technology company that offers cloud services, productivity software, AI platforms, business applications, security products and consumer services. What are the underlying business or industry changes driving this perspective?
Aggiornamento narrativa • Apr 18

MSFT: AI Infrastructure Self Sufficiency And Heavy Data Center Commitments Will Sustain Leadership

Microsoft's analyst fair value estimate has been adjusted slightly lower to $579.57, as analysts factor in updated price targets that reflect a mix of reduced P/E assumptions, along with expectations for revenue growth and profit margins tied to AI and cloud spending. Analyst Commentary Recent Street research on Microsoft reflects a mix of optimism and caution as analysts recalibrate price targets and ratings around AI, cloud spending, and capital intensity.
Nuova narrativa • Apr 16

AI Infrastructure Constraints Will Pressure Cloud Margins Yet Support Stable Long Term Earnings

Catalysts About Microsoft Microsoft is a global technology company that provides cloud services, productivity software, AI platforms and related hardware and services to enterprise, government and consumer customers. What are the underlying business or industry changes driving this perspective?
Nuova narrativa • Apr 13

Microsoft Could Reach $600 Over the Next Five Years

Microsoft has a strong path to $600 over the next five years because it combines durable growth, elite profitability, and a leadership position in AI, cloud, and enterprise software. Its recurring revenue base makes earnings more predictable, while Azure, Microsoft 365, and its AI products give it multiple ways to compound value over time.
Aggiornamento narrativa • Apr 03

MSFT: AI Infrastructure Buildout And Self Sufficiency Will Support Long Duration Leadership

Microsoft's analyst price target has been modestly trimmed as the fair value estimate shifts from $594.62 to $587.31, reflecting a round of target reductions and mixed views on AI related risks and opportunities, even as several firms maintain positive long term opinions on the company's role in software and infrastructure. Analyst Commentary Recent commentary around Microsoft shows a split view, with many research houses trimming price targets while still seeing long term potential, and a smaller group turning more cautious on AI related execution risks, valuation, and competitive threats.
Nuova narrativa • Mar 29

Everyone's Terrified Microsoft Will Keep Spending. I'm Terrified They'll Stop.

Microsoft just burned $37.5 billion in 90 days. The stock has lost a third of its value.
Aggiornamento narrativa • Mar 19

MSFT: AI Infrastructure Buildout And Self Sufficiency Will Support Long Duration Leadership

Analysts have made a small cut to the Microsoft analyst price target, trimming fair value by about $1 to $594.62 as they factor in a slightly higher discount rate, modest tweaks to long term revenue growth and profit margin assumptions, and a marginally lower future P/E. Analyst Commentary Recent research on Microsoft presents a mixed but detailed picture, with several firms adjusting price targets and ratings as they recalibrate expectations around AI, capital spending, and long term growth assumptions.

Previsioni di crescita degli utili e dei ricavi

NasdaqGS:MSFT - Stime future degli analisti e dati finanziari passati (USD Millions )
DataRicaviUtiliFlusso di cassa liberoLiquidità dell'operazioneAvg. Numero di analisti
6/30/2029568,207212,95294,269327,75124
6/30/2028467,439175,85345,815267,74751
6/30/2027391,039146,95832,340221,81249
6/30/2026331,839133,74966,987182,935N/A
3/31/2026318,273125,21672,916170,141N/A
12/31/2025305,453119,26277,412160,506N/A
9/30/2025293,812104,91278,017147,039N/A
6/30/2025281,724101,83271,611136,162N/A
3/31/2025270,01096,63569,365130,710N/A
12/31/2024261,80292,75070,031125,583N/A
9/30/2024254,19090,51272,662122,145N/A
6/30/2024245,12288,13674,071118,548N/A
3/31/2024236,58486,18170,576110,123N/A
12/31/2023227,58382,54167,445102,647N/A
9/30/2023218,31077,09663,22694,967N/A
6/30/2023211,91572,36159,47587,582N/A
3/31/2023207,59169,02057,40683,441N/A
12/31/2022204,09467,44959,61884,386N/A
9/30/2022203,07569,78963,33487,693N/A
6/30/2022198,27072,73865,14989,035N/A
3/31/2022192,55772,45663,64987,116N/A
12/31/2021184,90371,18560,69383,909N/A
9/30/2021176,25167,88360,42081,945N/A
6/30/2021168,08861,27156,11876,740N/A
3/31/2021159,96956,01553,78972,703N/A
12/31/2020153,28451,31050,43668,028N/A
9/30/2020147,11447,49649,22966,192N/A
6/30/2020143,01544,28145,23460,675N/A
3/31/2020138,69946,266N/A58,110N/A
12/31/2019134,24944,323N/A54,126N/A
9/30/2019129,81441,094N/A52,346N/A
6/30/2019125,84339,240N/A52,185N/A
3/31/2019122,21134,926N/A47,495N/A
12/31/2018118,45933,541N/A46,126N/A
9/30/2018114,90618,819N/A45,101N/A
6/30/2018110,36016,571N/A43,884N/A
3/31/2018105,88015,767N/A43,471N/A
12/31/2017102,27313,829N/A41,980N/A
9/30/201799,18126,398N/A40,398N/A
6/30/201796,57125,489N/A39,507N/A
3/31/201791,58020,542N/A36,966N/A
12/31/201688,89918,812N/A36,673N/A
9/30/201686,86917,563N/A35,998N/A
6/30/201691,15420,539N/A33,325N/A
3/31/201686,88610,481N/A31,710N/A
12/31/201588,08411,710N/A31,468N/A
9/30/201590,75812,555N/A30,190N/A

Previsioni di crescita futura degli analisti

Guadagni vs tasso di risparmio: La crescita prevista degli utili di MSFT ( 14.1% all'anno) è superiore al tasso di risparmio ( 3.7% ).

Guadagni vs Mercato: Si prevede che gli utili di MSFT ( 14.1% all'anno) cresceranno più lentamente rispetto al mercato US ( 17.1% all'anno).

Guadagni ad alta crescita: Si prevede che gli utili di MSFT cresceranno, ma non in modo significativo.

Ricavi vs Mercato: Si prevede che il fatturato di MSFT ( 15.2% all'anno) crescerà più rapidamente del mercato US ( 13.3% all'anno).

Ricavi ad alta crescita: Si prevede che il fatturato di MSFT ( 15.2% all'anno) crescerà più lentamente di 20% all'anno.

Previsioni di crescita dell'utile per azione

Rendimento futuro del capitale proprio

ROE futuro: Si prevede che il Return on Equity di MSFT sarà elevato tra 3 anni ( 25.9 %)

Scoprire le aziende in crescita

7D

1Y

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1Y

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/09/18 01:19
Prezzo dell'azione a fine giornata2026/09/17 00:00
Utili2026/06/30
Utili annuali2026/06/30

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina GitHub; abbiamo anche delle guide su come utilizzare i nostri report e dei tutorial su YouTube.

Scoprite il che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Microsoft Corporation è coperta da 85 analisti. 51 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Kadambari DaptardarAccountability Research Corporation
Adam ShepherdArete Research Services LLP
Joseph BonnerArgus Research Company