Is Microsoft Stock a Buy Now?
What a year for (NASDAQ: MSFT). The tech stalwart kicked off 2023 by hitting a 52-week low of $219.35 on January 6. Then Microsoft-backed OpenAI's ChatGPT grabbed headlines as artificial intelligence exploded into prominence.
Since then, Microsoft shares have risen steadily, reaching a 52-week high of $384.30 toward the end of November, illustrating just how far the stock has come from the start of the year. So is it too late to purchase the tech giant's stock?
The share price has pulled back from its recent high, creating a potential buy opportunity. Let's analyze where the company is at currently to determine if now is a good time to buy.
Source Fool.com
Microsoft Corp. Stock
With 101 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 412 € shows a slightly positive potential of 5.7% compared to the current price of 389.8 € for Microsoft Corp..