Piper Sandler Lowers Microsoft Price Target to $435

April 23, 2025 Analyst: Brent Bracelin 1 min read Reproduced verbatim
Rating
Buy
Target
$435
from $520 (−16%)
Outcome
Reached
on May 2, 2025
Piper Sandler and Microsoft logos

What the analyst said

Piper Sandler analyst Brent Bracelin lowered the price target on Microsoft (NASDAQ: MSFT) to $435 (from $520) while maintaining an Overweight rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

MSFT trades at $535. The 26 analysts who set a target in the last 3 months range from $510 to $700, with a median of $581. This $435 target is 25% below the median, the lowest on the Street.

Since the note MSFT has moved +46% (from $367). The 12-month window closed on April 23, 2026.

Track record

This call✓ Target reached on May 2, 2025, 9 days after the note.

Firm track recordPiper Sandler: 84% of its 19 targets at least a year old were reached within 12 months (#9 of 20 firms); on Microsoft, 2 of 2. Accuracy ranking →

Piper Sandler on Microsoft

Piper Sandler price targets on Microsoft

6 calls from April 23, 2025 to September 30, 2026. The target went from $435 to $610 (+40%). The rating stayed Buy.

Piper Sandler targetMSFT share price
  1. September 30, 2026Target raised from $540 (+13%)Buy$610
  2. July 28, 2026Kept the $540 targetBuy$540
  3. May 26, 2026Kept the $540 targetBuy$540
  4. April 30, 2026Target raised from $475 (+14%)Buy$540
  5. May 1, 2025Target raised from $435 (+9%)Buy$475
  6. April 23, 2025 This noteEarliest call shownBuy$435
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.