Stifel Raises Microsoft Price Target to $450

Analyst: Brad Reback 1 min read Reproduced verbatim
Rating
Hold
Target
$450
from $400 (+13%)
Outcome
Reached
on July 30, 2026
Stifel and Microsoft logos

What the analyst said

Stifel analyst Brad Reback raised the price target on Microsoft (NASDAQ: MSFT) to $450 (from $400) 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 $536. The 28 analysts who set a target in the last 3 months range from $515 to $750, with a median of $630. This $450 target is 29% below the median, the lowest on the Street.

Since the note MSFT has moved +37% (from $391). 12-month window: day 98 of 365, closes on July 30, 2027.

Track record

This call✓ Target reached on July 30, 2026, 0 days after the note.

Firm track recordStifel: 83% of its 41 targets at least a year old were reached within 12 months (#5 of 26 firms); on Microsoft, 1 of 2. Accuracy ranking →

Earnings reactionOne of 18 notes after Microsoft’s Jul 29 results: 10 raised · 1 cut · 7 kept. See every call →

Stifel on Microsoft

Stifel price targets on Microsoft

8 calls from October 30, 2025 to September 23, 2026. The target went from $640 to $575 (−10%). The rating stayed Buy.

Stifel targetMSFT share price
  1. September 23, 2026Upgraded to Buy, target raised from $530 (+8%)Buy$575
  2. September 4, 2026Target raised from $450 (+18%)Hold$530
  3. July 30, 2026 This noteTarget raised from $400 (+13%)Hold$450
  4. June 24, 2026Target cut from $415 (−4%)Hold$400
  5. June 23, 2026Kept the $415 targetHold$415
  6. May 6, 2026Kept the $415 targetHold$415
  7. April 30, 2026Downgraded to Hold, target cut from $640 (−35%)Hold$415
  8. October 30, 2025Earliest call shownBuy$640
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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.