Citizens JMP Microsoft · MSFT

Citizens Raises Microsoft Price Target to $625

Analyst: Patrick Walravens 1 min read Reproduced verbatim
Rating
Market Outperform
Target
$625
from $550 (+14%)
Upside
+18%
MSFT at $531 today
Citizens JMP and Microsoft logos

What the analyst said

Citizens analyst Patrick Walravens raised the price target on Microsoft (NASDAQ: MSFT) to $625 (from $550) while maintaining a Market Outperform rating.

“We maintain our Market Outperform rating and increase our price target to $625 from $550 on Microsoft after the company reported better-than-expected F1Q27 results, with nonGAAP EPS of $4.89 (consensus $4.73) on revenue of $92.3B (consensus $90.6B), up 19% y/ y, accelerating from 18% last quarter.

Azure growth was 48% on a constant currency basis (consensus 45% cc), versus 43% cc last quarter.

Total CapEx including finance leases was $45.2B (below consensus of $51.0B), and free cash flow was $18.6B (consensus $8.3B).

The combination of above left the stock up 3% after hours, after increasing 10% year-to-date versus an increase of 12% for the S&P 500.”

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 $625 target is 1% 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 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 July 28, 2026 to October 29, 2026. The target went from $550 to $625 (+14%). The rating stayed Buy.

Citizens JMP targetMSFT share price
  1. October 29, 2026 This noteTarget raised from $550 (+14%)Buy$625
  2. October 9, 2026Kept the $550 targetBuy$550
  3. September 28, 2026Kept the $550 targetBuy$550
  4. September 21, 2026Kept the $550 targetBuy$550
  5. September 15, 2026Kept the $550 targetBuy$550
  6. August 31, 2026Kept the $550 targetBuy$550
  7. July 30, 2026Kept the $550 targetBuy$550
  8. July 28, 2026Earliest call shownBuy$550
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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
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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.