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
434,50 €
-0,80 %
Und Microsoft Corp. steht derzeit mit 150 Buy-Einschätzungen und 4 Sell-Einschätzungen bei unserer Community gut im Kurs.
Die Community prognostiziert für Microsoft Corp. ein Kursziel von 500 €, was einen leichten Anstieg gegenüber 434.5 € darstellt.
