Is It Too Late to Buy Microsoft Stock?
's (NASDAQ: MSFT) stock is down more than 11% over the last month, brought down by multiple factors. A tech sell-off kicked off in July, fueled by concerns in the chip market and the beginning of earnings season. Then, Microsoft's stock was brought down further when the company released its fourth quarter of 2024 results.
The period beat expectations on several fronts, including revenue and earnings per share. However, a miss in its cloud division saw Microsoft's stock price tumble 7% in after-hours trading on July 30, as Wall Street grew wary of the company's prospects in artificial intelligence (AI).
Yet recent stock market fluctuations only highlight the importance of investing with a long-term mindset. Despite a dip, Microsoft remains a tech behemoth that has seen its share price rise 853% over the last decade. The company holds leading positions in multiple high-growth sectors, including productivity software, cloud computing, gaming, digital advertising, and AI.
Source Fool.com
Microsoft Corp. Stock
With 109 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 426 € shows a slightly positive potential of 12.22% compared to the current price of 379.6 € for Microsoft Corp..
