BMO Capital Reiterates Its “Outperform” Rating on Microsoft Corporation (MSFT) with $650 PT

RIT Capital Partners holds $105,391,560 worth of Microsoft Corporation (NASDAQ:MSFT) shares, representing 13.21% of its portfolio. With this, the company secures a spot on our list of billionaire Jacob Rothschild’s RIT Capital Partners: 9 stocks with huge upside potential.

BMO Capital Reiterates Its “Outperform” Rating on Microsoft Corporation (MSFT) with $650 PT

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On October 3, 2025, BMO Capital reiterated its “Outperform” rating on Microsoft Corporation (NASDAQ:MSFT) with a $650 price target.

The retention of a bullish stance on Microsoft Corporation (NASDAQ:MSFT) is associated with the investment firm’s continued confidence in Azure’s growth trajectory amid accelerating enterprise cloud migrations. This includes migrations tied to VMware transitions.

Furthermore, BMO Capital expects Microsoft Corporation (NASDAQ:MSFT) to achieve 37% constant-currency Azure growth for the September quarter and sustain its momentum through 2025.

Meanwhile, some news portals reported on the same day that Microsoft Corporation (NASDAQ:MSFT) is planning to introduce an ad-supported version of Xbox Cloud Gaming. With this launch, the company is expected to allow users to stream select titles for free after short ads, extending Microsoft’s cloud strategy beyond Game Pass subscriptions. Additionally, Microsoft might aim to expand its audience in the gaming ecosystem with this launch.

Known for its platforms such as Windows, Microsoft 365, Azure, and Xbox, Microsoft Corporation (NASDAQ:MSFT) is engaged in the development and sale of software, cloud services, and computing devices. It is included in Jacob Rothschild’s RIT Capital Partners’ Stock Portfolio.

While we acknowledge the potential of MSFT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.