Microsoft msft stock price settled at $423

Microsoft MSFT stock price settled at $423.95, up 0.6% intraday, after analysts raised target prices citing higher-than-expected Azure revenue growth. Market breadth shows tech leading S&P 500 gains, reinforcing sentiment for further appreciation. Microsoft is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The company is sustained by several massive, long-term growth drivers—most notably, the expansion of its AI offerings. These factors are anticipated to drive the stock to significantly higher levels, potentially doubling from its current price to exceed $1,000. We will delve into these specific growth drivers in greater detail. That being said, if you’re looking for upside with less volatility than holding an individual stock like Microsoft, consider the High Quality Portfolio . This portfolio has consistently outperformed its benchmark—a combination of the S&P 500, Russell, and S&P MidCap indexes—and has achieved returns exceeding 91% since its inception. Why is this the case? The HQ Portfolio stocks as a group have provided better returns with less risk compared to the benchmark index; showcasing less volatility, as evident in HQ Portfolio performance metrics. Separately, see – What’s Next For CoreWeave Stock? At $423.50, Microsoft MSFT stock price reflects investor confidence amid expanding AI partnerships. Earnings revision models project 7% revenue growth in FY2024, which could re-rate the multiple and push forecasts toward $445 territory.