How analysts reacted to Microsoft’s results
Microsoft reported on April 29, 2026 (quarter ended Mar 2026). In the next sessions, 15 Wall Street firms published notes: 7 raised their price target, 3 cut it and 5 kept it unchanged. The median target of the 15 firms with a before-and-after figure went from $580 to $540 (−7%). The shares fell 4% on Apr 30, the first session after the report.
Every firm’s call 15
The first note from each firm in the session that reacted to the results and the next two, with its previous target. Since then the shares have gained 28% ($521.91 on Oct 30), against a median target of $540 from these firms. Microsoft consensus today
| Before After Share price | ||||||
|---|---|---|---|---|---|---|
 StoneX | Buy | $450 | $525 | +17% | Apr 30 | |
 Piper Sandler | Buy | $500 | $540 | +8% | Apr 30 | |
 Stifel | Hold | $392 | $415 | +6% | Apr 30 | |
 Citi | Buy | $600 | $620 | +3% | Apr 30 | |
 Goldman Sachs | Buy | $600 | $610 | +2% | Apr 30 | |
 Wells Fargo | Buy | $615 | $625 | +2% | Apr 30 | |
 Bernstein | Buy | $641 | $646 | +1% | Apr 30 | |
 UBS | Buy | $510 | $510 | Kept | Apr 30 | |
 Barclays | Buy | $600 | $600 | Kept | Apr 30 | |
 Cantor | Buy | $502 | $502 | Kept | Apr 30 | |
 Oppenheimer | Buy | $515 | $515 | Kept | Apr 30 | |
 TD Cowen | Buy | $540 | $540 | Kept | Apr 30 | |
 Evercore | Buy | $580 | $510 | −12% | Apr 30 | |
 Truist | Buy | $675 | $575 | −15% | Apr 30 | |
 DA Davidson | Buy | $650 | $550 | −15% | Apr 30 |
Earlier Microsoft reports
Latest earnings reactions
IntelOct 290 raised · 19 cut · 2 kept24 firms reactedMedian target −23%Shares −29%
RivianOct 290 raised · 4 cut · 2 kept6 firms reactedMedian target −6%Shares +6%
Alphabet (Google)Oct 280 raised · 22 cut · 3 kept26 firms reactedMedian target −11%Shares −13%
KLAOct 281 raised · 10 cut · 0 kept11 firms reactedMedian target −10%Shares +5%
Lam ResearchOct 210 raised · 6 cut · 0 kept6 firms reactedMedian target −10%Shares −12%
MetaOct 2118 raised · 3 cut · 5 kept28 firms reactedMedian target +2%Shares −7%How this works: the earnings date and EPS figures come from Nasdaq. The calls are the notes in our database from the session that reacted to the results and the next two, one per firm (its first); for reports after the close, notes dated the report day are treated as previews and left out. “Before” is the previous target quoted in the note or, if missing, the firm’s last target in our database. The median target uses firms with both figures. The share move compares the close before the reaction session with the close of the session that moved most (the report day or the next one). Which firms’ targets come true