Why did Microsoft stock hit a high in 2024?

In our MSFT stock forecast, we look at the major price drivers behind the bullish MSFT price action and consider analysts’ Microsoft stock expectations. Microsoft’s stock price hit an all-time high of $466.73 on July 5, 2024, due to its association with OpenAI and the release of AI-enhanced Microsoft 365 Copilot.

How has the MSFT stock price changed over the past 12 months?

The MSFT stock price has risen 26% to $415.84 over the 12 months to October 10, 2024 and almost 11% since the start of this year. However, it’s been more of a volatile period than the headline figures would suggest, given the MSFT stock price is way off the all-time high of $466.73 on July 5, 2024.

What is the most pessimistic Microsoft stock long-term forecast?

Finally, another algorithm-based prediction platform, GovCapital, expressed the most pessimistic Microsoft stock long-term forecast. According to its Microsoft stock prediction 2025, MSFT stock could fall to $259.44 over the next year. Analysts and algorithm-based prediction platforms refrain from giving longer-term price targets.