Microsoft’s Q1 Earnings Preview: Options Market Anticipates 4.75% Volatility Swing
Microsoft Corp. faces heightened expectations as it prepares to report fiscal first-quarter results, with options traders pricing in a potential 4.75% stock move—significantly above its historical post-earnings average. The tech giant's AI ambitions, particularly through its OpenAI partnership and Azure cloud performance, remain focal points for investors.
Wall Street consensus projects $3.67 EPS (up 11.2% YoY) on $75.38 billion revenue. Mizuho Securities maintains its bullish $640 price target ahead of the announcement, reflecting confidence in Microsoft's enterprise software dominance and cloud computing growth trajectory.