Benchmark Sets $450 Price Target Citing Microsoft’s AI Leadership and $852B OpenAI Stake
Benchmark initiated coverage of Microsoft with a Buy rating and $450 price target, highlighting its AI leadership and $852 billion OpenAI stake. The firm projects Microsoft’s total addressable market expanding to $1.25 trillion by 2030 from $730.5 billion in 2025.
1. Benchmark Initiates Coverage
Benchmark launched coverage of Microsoft shares with a Buy rating and a $450 price target, triggering a near 1% share uptick in afternoon trading.
2. Analyst Highlights AI and OpenAI Stake
Analyst Yi Fu Lee underscored Microsoft’s central role in AI through its digital applications, cloud services, collaboration tools and data assets, also pointing to a $852 billion valuation for its OpenAI investment that deepens Azure integration.
3. TAM Growth Projections
Benchmark forecasts Microsoft’s total addressable market expanding from $730.5 billion in 2025 to $1.25 trillion by 2030, driven by growth in software, cybersecurity and AI-enabled solutions.