Citizens JMP Microsoft · MSFT

Citizens JMP Maintains Market Outperform on Microsoft, $550 Price Target

Analyst: Patrick Walravens 1 min read Reproduced verbatim
Rating
Market Outperform
Unchanged
Target
$550
Unchanged
Upside
+4%
MSFT at $531 today
Citizens JMP and Microsoft logos

What the analyst said

Citizens analyst Patrick Walravens reiterated a Market Outperform rating and $550 price target on Microsoft (NASDAQ: MSFT) on August 31, 2026.

“China’s Moonshot in talks with Microsoft (MSFT, MO, $550 PT), Amazon, Google over K3 revenue sharing at levels up to 30%, per Reuters. This looks like the first serious attempt to price distribution.

Negotiations following through would mean moving price towards frontier models.”

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 27 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 +3% (from $514). 12-month window: day 59 of 365, closes on August 31, 2027.

Track record

This callOpen: MSFT has not reached $550 yet. This 12-month target is scored on August 31, 2027.

Firm track recordToo early to score Citizens JMP: price targets are 12-month calls and fewer than 5 of its targets are a year old. 1 of its 10 open targets have already been reached. How we score

Citizens JMP on Microsoft

Citizens JMP price targets on Microsoft

8 calls from June 23, 2026 to September 21, 2026. The target stayed at $550. The rating stayed Buy.

Citizens JMP targetMSFT share price
  1. September 21, 2026Kept the $550 targetBuy$550
  2. September 15, 2026Kept the $550 targetBuy$550
  3. August 31, 2026 This noteKept the $550 targetBuy$550
  4. July 30, 2026Kept the $550 targetBuy$550
  5. July 28, 2026Kept the $550 targetBuy$550
  6. July 13, 2026Kept the $550 targetBuy$550
  7. July 7, 2026Kept the $550 targetBuy$550
  8. June 23, 2026Earliest call shownBuy$550
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Other analysts on Microsoft

ScotiabankBuy Raised price target +4%, kept rating Oct 29 $650from $625 TruistBuy Raised price target +5%, kept rating Oct 29 $630from $600 StoneXBuy Raised price target +5%, kept rating Oct 29 $630from $600 MizuhoBuy Raised price target +4%, kept rating Oct 29 $625from $600 OppenheimerBuy Kept rating and price target Oct 29 $625maintained
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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.