What's Going On With Microsoft Shares Friday?

Benzinga
2024.07.26 15:44
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Microsoft is expected to release its fourth-quarter earnings for the 2024 fiscal year next week. Analysts estimate earnings per share of $2.93 and revenue of $64.35 billion. The stock is currently trading at $421.30, above its 50-day moving average. Piper Sandler analyst Brent Bracelin has reiterated an "Overweight" rating on Microsoft with a price target of $485. Microsoft shares are trading 1.54% higher at $424.85.