Why Microsoft Stock Is Up 18% This Year So Far
Microsoft (NASDAQ: MSFT) shares have gained nearly 18% since the beginning of this year, according to data provided by S&P Global Market Intelligence, after the company beats analysts' earnings estimates three times.
Investors optimism for Microsoft's stock first surged after the company reported its second-quarter 2017 earnings at the end of January. Analysts had expected earnings per share (EPS) of $0.79, but Microsoft delivered $0.83 on $26.07 billion in revenue.
Image source: Microsoft.
Source: Fool.com
Microsoft Corp. Stock
€391.95
-0.580%
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 7.16% for Microsoft Corp. compared to the current price of 391.95 €.
