Microsoft Corporation

Report azionario NasdaqGS:MSFT

Capitalizzazione di mercato: US$3.7t

Microsoft Performance degli utili passati

Criteri Il passato verificati 6/6

Microsoft ha registrato una crescita degli utili a un tasso medio annuo di 14.2%, mentre il settore Software ha registrato utili in crescita a un tasso medio annuo di 28.6%. I ricavi sono stati in crescita a un tasso medio annuo di 12.8%. Il ritorno sul capitale proprio di Microsoft è 30.2% e ha margini netti di 40.3%.

Informazioni chiave

14.17%

Tasso di crescita degli utili

14.44%

Tasso di crescita dell'EPS

Software Crescita del settore17.33%
Tasso di crescita dei ricavi12.85%
Rendimento del capitale proprio30.23%
Margine netto40.31%
Ultimo aggiornamento sugli utili30 Jun 2026

Aggiornamenti sulle prestazioni recenti

Recent updates

Seeking Alpha • 6h

Microsoft: The $678 Billion Answer To The AI Skeptics

Summary Microsoft delivered a decisive Q4 and FY2026, accelerating revenue growth to 18% and expanding Azure past $100 billion with 41% growth. MSFT's AI monetization is now proven, with commercial backlog swelling to $678 billion and $2.70 in future revenue booked per $1 of CapEx. Shares remain undervalued at under 21x FY2028 EPS, with projected EPS compounding ~20% annually and a robust, rising dividend supported by a 20% payout ratio. I remain long MSFT, expecting continued share appreciation as AI-driven revenue, backlog, and operating leverage drive further upside through fiscal 2027 and beyond. Read the full article on Seeking Alpha
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.
Nuova narrativa • Mar 05

A Structured Counter‑Analysis of "The Leaking Dreadnought"

A Structured Counter‑Analysis of "The Leaking Dreadnought" Microsoft is not a leaking vessel drifting toward structural decline; it is a company in the middle of a capital‑intensive platform transition whose long‑term logic the article fundamentally misreads. The critique below addresses the article’s core claims and reframes them through the lens of Microsoft’s actual strategic architecture, economic model, and competitive position.
Aggiornamento narrativa • Mar 05

MSFT: AI Infrastructure Self Sufficiency Will Support Long Duration Cloud Leadership

Narrative Update The analyst price target for Microsoft has been trimmed by a modest amount in dollar terms. Analysts are factoring in slightly lower revenue growth, a small step down in profit margin assumptions, a marginally higher discount rate, and a slightly richer future P/E multiple.
Nuova narrativa • Feb 22

Microsoft: Real‑Terms Economic Value Anchored in Durability, Not Growth Assumptions

Microsoft’s true economic value rests on its unmatched enterprise cash-flow durability, high-retention subscription model, and deep competitive moats in operating systems, productivity platforms, and cloud infrastructure. These produce stable, high-margin recurring cash flows capable of long-duration compounding under disciplined capital allocation.
Aggiornamento narrativa • Feb 18

MSFT: AI Self Sufficiency And Global Data Center Expansion Will Sustain Cloud Leadership

Our analyst price target for Microsoft has been nudged lower by a few dollars to reflect a slightly reduced fair value estimate of about $596, as analysts balance ongoing enthusiasm around AI driven capital spending with a wave of recent target trims. These largely stem from valuation discipline and concerns that prior long term assumptions, including P/E and margin expectations, may have been set too high.
Aggiornamento narrativa • Feb 04

MSFT: AI Infrastructure Partnerships And Data Center Expansion Will Sustain Cloud Leadership

Analysts have trimmed their fair value estimate for Microsoft by about $19 to $603, citing a blend of slightly higher discount rates, modestly stronger revenue growth and profit margin assumptions, and a lower future P/E multiple that reflects the recent wave of price target resets and still constructive, AI driven, long term views across recent research. Analyst Commentary Recent research around Microsoft centers on how to value its AI opportunity, the required capital spending, and whether current expectations are too high or still leave room for upside.

Ripartizione dei ricavi e delle spese

Come Microsoft guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.

Storico di utili e ricavi

NasdaqGS:MSFT Ricavi, spese e utili (USD Millions )
DataRicaviUtiliSpese G+ASpese di R&S
30 Jun 26331,839133,74934,66635,562
31 Mar 26318,273125,21634,05934,394
31 Dec 25305,453119,26233,26333,677
30 Sep 25293,812104,91233,01033,090
30 Jun 25281,724101,83232,87732,488
31 Mar 25270,01096,63532,66431,715
31 Dec 24261,80292,75032,83431,170
30 Sep 24254,19090,51232,79430,395
30 Jun 24245,12288,13632,06529,510
31 Mar 24236,58486,18131,40428,193
31 Dec 23227,58382,54130,67827,524
30 Sep 23218,31077,09630,47127,226
30 Jun 23211,91572,36130,33427,195
31 Mar 23207,59169,02029,98627,305
31 Dec 22204,09467,44929,66826,627
30 Sep 22203,07569,78928,41525,541
30 Jun 22198,27072,73827,72524,512
31 Mar 22192,55772,45627,05123,350
31 Dec 21184,90371,18526,38522,248
30 Sep 21176,25167,88325,70821,389
30 Jun 21168,08861,27125,22420,716
31 Mar 21159,96956,01524,73220,243
31 Dec 20153,28451,31024,50719,926
30 Sep 20147,11447,49624,47519,630
30 Jun 20143,01544,28124,70919,269
31 Mar 20138,69946,26624,02318,568
31 Dec 19134,24944,32323,58317,997
30 Sep 19129,81441,09423,24917,464
30 Jun 19125,84339,24023,09816,876
31 Mar 19122,21134,92622,74216,296
31 Dec 18118,45933,54122,54115,695
30 Sep 18114,90618,81922,49215,129
30 Jun 18110,36016,57122,22314,726
31 Mar 18105,88015,76720,70413,562
31 Dec 17102,27313,82920,23513,202
30 Sep 1799,18126,39819,52212,760
30 Jun 1796,57125,48919,94213,037
31 Mar 1791,58020,54219,59412,669
31 Dec 1688,89918,81219,06612,294
30 Sep 1686,86917,56319,10612,132
30 Jun 1691,15420,53919,19811,988
31 Mar 1686,88610,48119,19411,936
31 Dec 1588,08411,71019,44811,940
30 Sep 1590,75812,55519,86211,943

Guadagni di qualità: MSFT ha guadagni di alta qualità.

Margine di profitto in crescita: Gli attuali margini di profitto netti di MSFT (40.3%) MSFT sono più alti rispetto allo scorso anno (36.1%).

Flusso di cassa libero e analisi degli utili

Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di MSFT sono cresciuti del 14.2% all'anno negli ultimi 5 anni.

Accelerare la crescita: La crescita degli utili di MSFT nell'ultimo anno ( 31.3% ) supera la media quinquennale ( 14.2% all'anno).

Guadagni vs Settore: La crescita degli utili MSFT nell'ultimo anno ( 31.3% ) ha superato la percentuale del settore Software 22.1%.

Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 30.2% ) di MSFT è considerato alto.

Rendimento delle attività

Rendimento del capitale investito

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/08/13 18:47
Prezzo dell'azione a fine giornata2026/08/13 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 team di livello mondiale 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 86 analisti. 49 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