Microsoft (MSFT) Heads Into Earnings With Strong AI Tailwinds, Analysts Say

Microsoft Corporation (NASDAQ:MSFT) is a Must-Watch AI Stock on Wall Street. On October 28, Evercore ISI reiterated the stock as “Outperform” and said it’s sticking with the stock heading into earnings on Wednesday.

“Capex growth should remain healthy and reflect tight capacity for AI infrastructure. Our sense is that Microsoft will note that capacity ‘remains tight’ and the company will continue to invest against AI demand signals.”

On the previous day, Guggenheim upgraded the stock to “Buy” from Neutral ahead of earnings later this week. The firm believes that Microsoft is well-positioned for AI.

Image by Tawanda Razika from Pixabay

“We are upgrading the shares of MSFT to Buy from Neutral and introducing a Price Target of $586, representing 12% upside from current levels.”

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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Disclosure: None.