Jefferies Maintains Buy on Microsoft (MSFT) as Copilot Adoption Accelerates and AI Agents Emerge

Microsoft Corporation (NASDAQ:MSFT) is one of the Hot AI Stocks to Keep on Your RadarOn November 24, Jefferies maintained its Buy rating on the stock with a $675.00 price target. The firm maintains a bullish stance on Microsoft driven by accelerating Copilot rollout, early AI agent adoption, and cloud positioning driving continued upside.

Firm analysts note how Copilot, Microsoft’s AI-powered chat assistant, has matured and is now accelerating. Deployments are now transitioning from gradual to enterprise-wide rollouts across Microsoft’s customer base.

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Meanwhile, AI agents have begun to emerge but remain in the first half of 1st innings in terms of market maturity.

“Our key takes: Copilot adoption is accelerating, as product has matured, moving from gradual to enterprise-wide rollouts. Agents are emerging, but still early – 1st half of 1st inning. AI is driving growth in non-AI workloads, though MSFT faces capacity constraints. Strong core cloud demand continues with MSFT capturing share of migrations due to its end-to-end platform.”

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements.

While we acknowledge the risk and potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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