Microsoft’s AI and Cloud Momentum Draws Bullish Wall Street Stance
Microsoft (MSFT) remains a Wall Street darling as Citi and Goldman Sachs reaffirm Buy ratings, citing unstoppable AI adoption and cloud dominance. The tech giant's Q2 earnings revealed staggering growth: $81.3B revenue (17% YoY), $38.5B net income (60% YoY), and Azure's 39% surge.
Cloud revenue eclipsed $50B quarterly for the first time, while Microsoft 365 Copilot seats ballooned 160% to 15M paid users. Analysts highlight supply-constrained Azure demand as a bullish bottleneck. With 41 of 50 analysts rating MSFT 'Strong Buy' and average price targets at $595.60, the stock's 30% dip from ATHs presents a potential entry point.