Is Microsoft Stock a Buy?
Microsoft (NASDAQ: MSFT) posted its latest earnings report on Jan. 30. For the second quarter of fiscal 2024, which ended on Dec. 31, its revenue rose 18% year over year to $62 billion and exceeded analysts' estimates by $890 million. Its earnings per share climbed 33% to $2.93 and also cleared the consensus forecast by $0.16.
Those headline numbers were dazzling, but Microsoft's stock has already rallied more than 60% over the past 12 months and is hovering near its all-time high. Should investors still buy more shares of this tech giant today?
Microsoft CEO Satya Nadella. Image source: Microsoft.
Source Fool.com
Microsoft Corp. Aktie
379,60 €
-1,06 %
Überwältigendes Buy-Interesse bei Microsoft Corp., mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Ein leicht positives Kursziel von 426 € für Microsoft Corp. gegenüber dem aktuellen Kurs von 379.6 € wird gesehen.
