Truist Reiterates ‘Buy’ Rating on Microsoft
- Rating
- Buy
- Unchanged
- Target
- $675
- Outcome
- Missed
- within 12 months

What the analyst said
Truist Securities analyst Terry Tillman reiterated on September 15, 2025, a ‘Buy’ rating and $675 price target on Microsoft.
“Enters Into an Agreement with OpenAI to Redefine Partnership
While the joint statement between OpenAI and Microsoft was brief, we believe that the updated MOU could bring some near-term stability to investor concerns about the nature of the existing partnership between the two companies.
We expect to learn more details on the updated terms of the partnership as the terms of the agreement are finalized and will look to see how future revenue opportunities evolve or change for Microsoft in regard to this partnership going forward.”
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Where the price stands
MSFT trades at $531. The 28 analysts who set a target in the last 3 months range from $515 to $750, with a median of $630. This $675 target is 7% above the median.
Since the note MSFT has moved +4% (from $510). The 12-month window closed on September 15, 2026.
Track record
This call✗ Not reached within 12 months: a year after the note MSFT closed at $497, 26% below the $675 target, and it moved the other way.
Firm track recordTruist: 79% of its 28 targets at least a year old were reached within 12 months (#16 of 26 firms). Accuracy ranking →
Truist on Microsoft
Truist price targets on Microsoft
4 calls from September 15, 2025 to October 29, 2026. The target went from $675 to $630 (−7%). The rating stayed Buy.
- October 29, 2026Target raised from $600 (+5%)Buy$630
- October 26, 2026Target raised from $575 (+4%)Buy$600
- April 30, 2026Target cut from $675 (−15%)Buy$575
- September 15, 2025 This noteEarliest call shownBuy$675




