Citizens JMP Microsoft · MSFT

Citizens JMP Reiterates $550 Price Target on Microsoft

Analyst: Patrick Walravens 1 min read Reproduced verbatim
Rating
Market Outperform
Unchanged
Target
$550
Unchanged
Outcome
Reached
on November 4, 2026
Citizens JMP and Microsoft logos

What the analyst said

Citizens JMP analyst Patrick Walravens reiterated a Market Outperform rating and $550 price target on Microsoft (NASDAQ: MSFT).

“We maintain our Market Outperform rating and $550 price target on Microsoft after it published a letter on Friday titled “Open Weights and American AI Leadership” that urges the Trump administration not to impose broad restrictions on open weight AI models, after Dario Amodei, Anthropic’s Co-Founder and CEO posted a response yesterday titled “Our position on open-weights models \ Anthropic,” ahead of F4Q26 earnings on Wednesday, and after the stock has traded down 18% year-to-date versus an increase of ~8% for the Russell 3000.”

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 $550 target is 13% below the median.

Since the note MSFT has moved +36% (from $389). 12-month window: day 102 of 365, closes on July 28, 2027.

Track record

This call✓ Target reached on November 4, 2026, 5 months after the note. Same target as this firm’s June 4, 2026 note, so it is scored there.

Firm track recordCitizens JMP: 60% of its 5 targets at least a year old were reached within 12 months. Accuracy ranking →

Citizens JMP on Microsoft

Citizens JMP price targets on Microsoft

8 calls from June 4, 2026 to September 15, 2026. The target stayed at $550. The rating stayed Buy.

Citizens JMP targetMSFT share price
  1. September 15, 2026Kept the $550 targetBuy$550
  2. August 31, 2026Kept the $550 targetBuy$550
  3. July 30, 2026Kept the $550 targetBuy$550
  4. July 28, 2026 This noteKept the $550 targetBuy$550
  5. July 13, 2026Kept the $550 targetBuy$550
  6. July 7, 2026Kept the $550 targetBuy$550
  7. June 23, 2026Kept the $550 targetBuy$550
  8. June 4, 2026Earliest call shownBuy$550
Share

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
Share on
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.