$Microsoft(MSFT.US)Context: Scotiabank raised Microsoft's price target to $625.00 while maintaining a sector outperf…
$Microsoft(MSFT.US)
Context: Scotiabank raised Microsoft's price target to $625.00 while maintaining a sector outperform rating amid widespread positive analyst sentiment.
Microsoft last released its earnings results on Wednesday, July 29th. The software giant reported $4.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.24 by $0.50. Microsoft had a return on equity of 31.98% and a net margin of 40.31%. The company had revenue of $90.01 billion during the quarter, compared to analyst estimates of $87.62 billion. During the same quarter in the prior year, the company earned $3.65 earnings per share. The company's revenue for the quarter was up 17.7% on a year-over-year basis. On average, equities analysts forecast that Microsoft will post 19.66 EPS for the current fiscal year.
My Trade: I am certainly holding Microsoft at current price, but not interested in adding as I feel the price is slightly on the high side.
Takeaway: Investors and corporate insiders actively adjust their holdings, while analysts continue to monitor AI infrastructure spending and valuation risks. @Captain's Treasure
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