Microsoft: A Long-Term Investment in AI
It's no secret that (NASDAQ: MSFT) is a powerhouse in the tech world. With a long history of groundbreaking innovations, this company has proven time and time again it's at the forefront of emerging trends.
And now, the company has set its sights on artificial intelligence (AI) -- a wise and forward-thinking move. AI is poised to change the game in countless industries, and Microsoft has positioned itself as a leader in this exciting new revolution.
Despite the optimism about Microsoft's long-term outlook, its latest earnings report was a mixed bag. On the one hand, the tech giant beat expectations on both revenue and earnings for the fiscal fourth quarter of 2023, ended June 30. On the other hand, investors felt less than enthusiastic about the company's revenue forecast, which fell short of what analysts predicted.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.52% for Microsoft Corp. compared to the current price of 394.3 €.
