<div id="readability-page-1"><div><div><p><strong>Microsoft Corporation</strong> <span>MSFT</span> shares are trading higher Thursday after the company reported better-than-expected fourth quarter financial results on Wednesday after the market closed.</p><p><strong>What To Know:</strong> The company reported earnings per share of $3.65, beating the consensus estimate of $3.37. In addition, Microsoft reported sales of $76.44 billion, beating the consensus estimate of $73.79 billion. </p><p>Microsoft broke down revenue further, reporting cloud revenue rose 27% to $46.7 billion, while Azure surpassed $75 billion in annual revenue on 34% growth. Intelligent Cloud revenue climbed 26% to $29.9 billion, led by a 39% increase in Azure and other cloud services.</p><p>The company reported net income of $27.2 billion, up 24% year-over-year, and operating income of $34.3 billion, up 23%.</p><p><strong>Q1 Outlook:</strong> The company sees sales from $74.70 billion to $75.80 billion, versus the consensus estimate of $74.06 billion.</p><div><div><div><p>Trending Investment Opportunities</p></div></div></div><p><strong>Analyst Changes:</strong> Following the earnings report, multiple analysts issued price target adjustments.</p><ul> <li>Piper Sandler analyst <strong>Brent Bracelin</strong> maintained an Overweight rating on Microsoft and raised the price target from $600 to $650.</li> <li>Wedbush analyst <strong>Daniel Ives</strong> maintained an Outperform rating on Microsoft and raised the price target from $600 to $625.</li> <li>Cantor Fitzgerald analyst <strong>Thomas Blakey</strong> maintained an Overweight rating on Microsoft and raised the price target from $581 to $639.</li> <li>Oppenheimer analyst<strong> Brian Schwartz</strong> maintained an Outperform rating on Microsoft and raised the price target from $600 to $630.</li> <li>Keybanc analyst <strong>Jackson Ader</strong> upgraded Microsoft from a Sector Weight rating to an Overweight rating and announced a $630 price target.</li> </ul><p><strong>MSFT Price Action:</strong> At the time of writing, Microsoft stock is trading 4.5% higher at $536.64, according to data from Benzinga Pro.</p><p><em>Image via Shutterstock</em></p></div></div></div>

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<p>Microsoft Corporation's stock rose 4.5% to $536.64 after reporting better-than-expected Q4 results, with earnings per share at $3.65 and sales of $76.44 billion. Cloud revenue increased 27% to $46.7 billion, with Azure surpassing $75 billion in annual revenue. Analysts adjusted price targets, with Piper Sandler raising it to $650 and Wedbush to $625. The company forecasts Q1 sales between $74.70 billion and $75.80 billion, exceeding consensus estimates.</p>

- Microsoft Corporation's shares rose after reporting better-than-expected fourth quarter results, with earnings per share at $3.65 and sales of $76.44 billion.  
- Cloud revenue increased by 27% to $46.7 billion, with Azure surpassing $75 billion in annual revenue, reflecting a 34% growth.  
- Analysts adjusted price targets upward, with Piper Sandler raising it to $650, while Microsoft stock was trading 4.5% higher at $536.64.  

Microsoft Stock Is Trading Higher Thursday: What's Going On?