BMO Capital Microsoft · MSFT

BMO Capital Raises Microsoft Price Target to $610

Analyst: Keith Bachman 1 min read Reproduced verbatim
Rating
Outperform
Target
$610
from $600 (+2%)
Upside
+15%
MSFT at $531 today
BMO Capital and Microsoft logos

What the analyst said

BMO Capital analyst Keith Bachman raised the price target on Microsoft (NASDAQ: MSFT) to $610 (from $600) while maintaining an Outperform rating.

“MSFT reported a strong quarter, highlighted by Azure accelerating to 48% y/y CC, with further acceleration expected in Q2. We think Foundry is becoming a more meaningful Azure growth contributor.

We are also encouraged by M365 Commercial ARPU growth, which we think can drive more acceleration in M365 Commercial than previously expected.

Operating margins and FCF were better than expected, while some capex shifted into 2HFY27 due to capacity delays. Net, we are raising our target price to $610 from $600, and we remain Outperform.”

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 $610 target is 3% below 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 recordToo early to score BMO Capital: price targets are 12-month calls and fewer than 5 of its targets are a year old. 6 of its 18 open targets have already been reached. How we score

BMO Capital on Microsoft

BMO Capital price targets on Microsoft

4 calls from July 7, 2026 to October 29, 2026. The target went from $515 to $610 (+18%). The rating stayed Buy.

BMO Capital targetMSFT share price
  1. October 29, 2026 This noteTarget raised from $600 (+2%)Buy$610
  2. October 20, 2026Target raised from $515 (+17%)Buy$600
  3. July 30, 2026Kept the $515 targetBuy$515
  4. July 7, 2026Earliest call shownBuy$515
Share

Other analysts on Microsoft

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 GuggenheimBuy Raised price target +2%, kept rating Oct 29 $595from $586 Wells FargoBuy Raised price target +3%, kept rating Oct 29 $750from $725
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.