BofA Raises Microsoft Price Target to $630

Analyst: Tal Liani 1 min read Reproduced verbatim
Rating
Buy
Target
$630
from $600 (+5%)
Upside
+19%
MSFT at $531 today
Bank of America and Microsoft logos

What the analyst said

BofA Securities analyst Tal Liani raised the price target on Microsoft (NASDAQ: MSFT) to $630 (from $600) while maintaining a Buy rating.

“Microsoft delivered strong 1Q27 results, with the focal point being Azure growth of 48% YoY cc, ~300bps above expectations, and 2Q guidance of 49-50% vs. Street’s 45%.

Total revenue grew 19% YoY cc to $92.3bn vs.

Street’s 17% expectations, and operating margin of 49.7% exceeded expectations by 140bps, supported by revenue acceleration, improved cloud efficiencies and selective opex spending.

In our view, MSFT’s positioning across infrastructure, models and software continues to provide multiple paths to monetize AI demand.

We fine-tune our estimates to reflect strong Azure momentum, reiterate our Buy and increase our PO to $630 from $600 prior.”

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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 $630 target is in line with the median.

12-month window: day 0 of 365, closes on October 29, 2027.

Track record

This callOpen: a 12-month target, scored on October 29, 2027, a year after the note.

Firm track recordBank of America: 89% of its 35 targets at least a year old were reached within 12 months (#7 of 21 firms). Accuracy ranking →

Bank of America on Microsoft

Bank of America price targets on Microsoft

4 calls from July 18, 2025 to October 29, 2026. The target went from $585 to $630 (+8%). The rating stayed Buy.

Bank of America targetMSFT share price
  1. October 29, 2026 This noteTarget raised from $600 (+5%)Buy$630
  2. September 1, 2026Target raised from $500 (+20%)Buy$600
  3. July 30, 2026Target cut from $585 (−15%)Buy$500
  4. July 18, 2025Earliest call shownBuy$585
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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.