Tigress Financial Raises Microsoft Price Target to $680 on AI-Fueled Growth
MSFT•Tigress Financial lifted its price target for Microsoft to $680, maintaining a Buy rating after Monday’s close near $414. The company posted third-quarter revenue of $82.9B, up 18% year-over-year, with Microsoft Cloud revenues surging 29% to $54.5B while capex rose 49%, yet EPS climbed 23% to $4.27.
1. Analyst Boosts Price Target
Tigress Financial raised its Microsoft price target to $680, maintaining a Buy rating after the stock closed near $414 on Monday. The move signals confidence in ongoing AI-led expansion and strong revenue prospects.
2. Third-Quarter Financial Performance
Microsoft delivered $82.9B in revenue during the third quarter, marking an 18% year-over-year increase driven by AI integrations and enterprise demand. Microsoft Cloud revenues jumped 29%, contributing $54.5B to the top line.
3. Capital Expenditure and Earnings
Capital spending surged 49% as the company accelerated data-center and AI infrastructure build-out, putting pressure on gross margins. Despite higher costs, diluted EPS rose 23% to $4.27, reflecting sustained profitability growth.
