Argus Microsoft · MSFT

Argus Cuts Microsoft Price Target to $510

1 min read Reproduced verbatim
Rating
Buy
Target
$510
from $620 (−18%)
Outcome
Reached
on August 28, 2026

The median of 28 current targets on Microsoft is $630.

Argus and Microsoft logos

What the analyst said

Argus analyst Joseph Bonner lowered the price target on Microsoft (NASDAQ: MSFT) to $510 (from $620) while maintaining a Buy rating.

“We are maintaining our BUY rating on Focus List selection Microsoft Corp. (NGS: MSFT) but lowering our target price to $510 from $620.

Microsoft continues to pursue long-term growth through its artificial intelligence (AI) and cloud investments.

CEO Satya Nadella sees GenAI as a rare change to a fundamental computing paradigm, and Microsoft is moving aggressively to exploit the opportunities opened by GenAI, as demand currently outstrips the supply of its cloud services.

Microsoft is racing against competitors Alphabet and Meta, as well as a host of smaller AI startups, to develop the new GenAI models/applications that may drive the emerging GenAI market as a whole.”

Disclaimer
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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 $545. The 28 analysts who set a target in the last 3 months range from $515 to $750, with a median of $630. This $510 target is 19% below the median, the lowest on the Street.

Since the note MSFT has moved +42% (from $384). 12-month window: day 123 of 365, closes on July 10, 2027.

Track record

This call✓ Target reached on August 28, 2026, 2 months after the note.

Firm track recordToo early to score Argus: price targets are 12-month calls and fewer than 5 of its targets are a year old. 8 of its 14 open targets have already been reached. How we score

Argus on Microsoft

Argus price targets on Microsoft

2 calls from July 10, 2026 to October 30, 2026. The rating stayed Buy.

Argus targetMSFT share price
  1. October 30, 2026Rating only, no price targetBuyNo target
  2. July 10, 2026 This noteEarliest call shownBuy$510
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Other analysts on Microsoft

BairdBuy Raised price target +20%, kept ratingRaised target Oct 30 $600from $500+20% UBSBuy Raised price target +4%, kept ratingRaised target Oct 29 $700from $675+4% TD CowenBuy Raised price target +4%, kept ratingRaised target Oct 29 $650from $625+4% CantorBuy Raised price target +4%, kept ratingRaised target Oct 29 $630from $608+4% DA DavidsonBuy Raised price target +18%, kept ratingRaised target Oct 29 $650from $550+18%
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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.