Goldman Sachs Microsoft · MSFT

Goldman Sachs Raises Microsoft Price Target to $610

Analyst: Gabriela Borges 1 min read Reproduced verbatim
Rating
Buy
Target
$610
from $600 (+2%)
Upside
+15%
MSFT at $531 today
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What the analyst said

Goldman Sachs analyst Gabriela Borges raised the price target on Microsoft (NASDAQ: MSFT) to $610.00 (from $600.00) while maintaining a Buy rating.

“We increase our 12-month price target to $610 (vs. $600 prior), based on a 28x P/E (unchanged) multiple to Microsoft’s SNTM adjusted net income while updating our estimates for 3QFY results and guidance.

Key downside risks include: longer ramp for internal silicon which can limit market share gains or gross margin expansion, greater investments in projects outside of expectations (e.g., non-Azure), key leadership changes, and more meaningful shift to custom software that could negatively impact its applications business.”

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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 $531. The 28 analysts who set a target in the last 3 months range from $515 to $750, with a median of $630. This $610 target is 3% below the median.

Since the note MSFT has moved +25% (from $424). 12-month window: day 192 of 365, closes on April 30, 2027.

Track record

This callOpen: MSFT has not reached $610 yet. This 12-month target is scored on April 30, 2027.

Firm track recordGoldman Sachs: 78% of its 37 targets at least a year old were reached within 12 months (#17 of 26 firms); on Microsoft, 2 of 3. Accuracy ranking →

Earnings reactionOne of 15 notes after Microsoft’s Apr 29 results: 7 raised · 3 cut · 5 kept. See every call →

Goldman Sachs on Microsoft

Goldman Sachs price targets on Microsoft

6 calls from April 24, 2025 to July 30, 2026. The target went from $450 to $640 (+42%). The rating stayed Buy.

Goldman Sachs targetMSFT share price
  1. July 30, 2026Target raised from $610 (+5%)Buy$640
  2. April 30, 2026 This noteTarget cut from $655 (−7%)Buy$610
  3. January 12, 2026Target raised from $630 (+4%)Buy$655
  4. October 28, 2025Target raised from $480 (+31%)Buy$630
  5. May 1, 2025Target raised from $450 (+7%)Buy$480
  6. April 24, 2025Earliest call shownBuy$450
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Other analysts on Microsoft

BairdBuy Raised price target +20%, kept rating Oct 30 $600from $500 ArgusBuy Kept rating Oct 30 UBSBuy Raised price target +4%, kept rating Oct 29 $700from $675 TD CowenBuy Raised price target +4%, kept rating Oct 29 $650from $625 CantorBuy Raised price target +4%, kept rating Oct 29 $630from $608
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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.