Stifel Microsoft · MSFT

Stifel Lowers Microsoft Price Target to $400

Analyst: Brad Reback 1 min read Reproduced verbatim
Rating
Hold
Target
$400
from $415 (−4%)
Outcome
Reached
on July 16, 2026
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What the analyst said

Stifel analyst Brad Reback lowered the price target on Microsoft (NASDAQ: MSFT) to $400.00 (from $415.00) while maintaining a Hold 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 $531. The 28 analysts who set a target in the last 3 months range from $515 to $750, with a median of $630. This $400 target is 37% below the median, the lowest on the Street.

Since the note MSFT has moved +42% (from $374). 12-month window: day 135 of 365, closes on June 24, 2027.

Track record

This call✓ Target reached on July 16, 2026, 22 days after the note.

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms); on Microsoft, 1 of 2. Accuracy ranking →

Stifel on Microsoft

Stifel price targets on Microsoft

8 calls from May 1, 2025 to September 4, 2026. The target went from $500 to $530 (+6%). The rating moved from Buy to Hold.

Stifel targetMSFT share price
  1. September 4, 2026Target raised from $450 (+18%)Hold$530
  2. July 30, 2026Target raised from $400 (+13%)Hold$450
  3. June 24, 2026 This noteTarget cut from $415 (−4%)Hold$400
  4. June 23, 2026Kept the $415 targetHold$415
  5. May 6, 2026Kept the $415 targetHold$415
  6. April 30, 2026Downgraded to Hold, target cut from $640 (−35%)Hold$415
  7. October 30, 2025Target raised from $500 (+28%)Buy$640
  8. May 1, 2025Earliest call shownBuy$500
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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.