Microsoft Stock: Bear vs. Bull
(NASDAQ: MSFT) posted its latest earnings report on Oct. 24. For the first quarter of fiscal 2024, which ended on Sept. 30, the tech giant's revenue rose 13% year over year to $56.5 billion and beat analysts' estimates by $1.95 billion. Its EPS grew 27% year over year to $2.99 and also easily cleared the consensus forecast by $0.34.
Microsoft's headline numbers were impressive, but does the stock still have room to run after rallying nearly 40% already this year? Let's review the bear and bull cases for this tech bellwether to see where its stock might be headed.
Image source: Getty Images.
Source Fool.com
Microsoft Corp. Aktie
381,40 €
0,30 %
Microsoft Corp. erfreut sich großer Beliebtheit, mit einer hohen Zahl an Buy- und niedriger Zahl an Sell-Einschätzungen.
Für Microsoft Corp. ergibt sich mit einem Kursziel von 425 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 381.4 €.
