How analysts reacted to Microsoft’s results
Microsoft reported on October 28, 2026 (quarter ended Sep 2026). In the next sessions, 23 Wall Street firms published notes: 21 raised their price target and 2 kept it unchanged; none cut. The median target of the 23 firms with a before-and-after figure went from $600 to $630 (+5%). The shares fell 1% on Oct 29, the first session after the report.
Every firm’s call 23
The first note from each firm in the session that reacted to the results and the next two, with its previous target. Microsoft consensus today
| Before After Share price | ||||||
|---|---|---|---|---|---|---|
 DA Davidson | Buy | $550 | $650 | +18% | Oct 29 | |
 Citizens JMP | Buy | $550 | $625 | +14% | Oct 29 | |
 Stifel | Buy | $575 | $650 | +13% | Oct 29 | |
 Bernstein | Buy | $662 | $722 | +9% | Oct 29 | |
 Morgan Stanley | Buy | $600 | $650 | +8% | Oct 29 | |
 Citi | Buy | $636 | $680 | +7% | Oct 29 | |
 Piper Sandler | Buy | $610 | $650 | +7% | Oct 29 | |
 StoneX | Buy | $600 | $630 | +5% | Oct 29 | |
 Bank of America | Buy | $600 | $630 | +5% | Oct 29 | |
 KeyBanc | Buy | $600 | $630 | +5% | Oct 29 | |
 Truist | Buy | $600 | $630 | +5% | Oct 29 | |
 Mizuho | Buy | $600 | $625 | +4% | Oct 29 | |
 Scotiabank | Buy | $625 | $650 | +4% | Oct 29 | |
 TD Cowen | Buy | $625 | $650 | +4% | Oct 29 | |
 UBS | Buy | $675 | $700 | +4% | Oct 29 | |
 Cantor | Buy | $608 | $630 | +4% | Oct 29 | |
 Wells Fargo | Buy | $725 | $750 | +3% | Oct 29 | |
 Raymond James | Buy | $630 | $650 | +3% | Oct 29 | |
 BMO Capital | Buy | $600 | $610 | +2% | Oct 29 | |
 Barclays | Buy | $600 | $610 | +2% | Oct 29 | |
 Guggenheim | Buy | $586 | $595 | +2% | Oct 29 | |
 Oppenheimer | Buy | $625 | $625 | Kept | Oct 29 | |
 Deutsche Bank | Buy | $600 | $600 | Kept | Oct 29 |
Earlier Microsoft reports
Latest earnings reactions
Alphabet (Google)Oct 280 raised · 21 cut · 3 kept25 firms reactedMedian target −10%Shares −12%
KLAOct 281 raised · 10 cut · 0 kept11 firms reactedMedian target −10%Shares +6%
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%
TeslaOct 217 raised · 0 cut · 4 kept12 firms reactedMedian target +7%Shares +3%
Texas InstrumentsOct 219 raised · 2 cut · 2 kept13 firms reactedMedian target +8%Shares +2%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