What's Going On With Microsoft Stock Tuesday?

Microsoft Corp MSFT shares are in the spotlight Tuesday ahead of earnings after the bell. Here’s what you need to know before the print.

What To Know: Microsoft is due to report fourth-quarter financial results after the market close on Tuesday. Analysts are looking for earnings of $2.93 per share and revenue of $64.357 billion, according to estimates from Benzinga Pro.

Last quarter, Microsoft beat analyst estimates on the top and bottom lines as revenue jumped 17% year-over-year driven by strong sales execution.

"Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry," Microsoft chairman and CEO Satya Nadella said at the time.

Microsoft has topped analyst estimates for earnings and revenue in five consecutive quarters heading into Tuesday’s print.

See Also: How To Earn $500 A Month From Microsoft Stock Ahead Of Q4 Earnings

Wedbush analyst Dan Ives will be looking to get a reading on the pace of AI adoption when Microsoft reports after the bell.

The Wedbush analyst said in a recent note that channel checks pointed to a potentially “robust” quarter for Microsoft, as the company is in “the driver’s seat” of the AI revolution. Ives maintained an Outperform rating and price target of $550 ahead of earnings.

Here’s a look at other recent analyst changes leading up to earnings:

• BMO Capital analyst Keith Bachman maintained Microsoft with an Outperform and raised the price target from $465 to $500.

• Piper Sandler analyst Brent Bracelin reiterated Microsoft with an Overweight and raised the price target from $465 to $485.

• Mizuho analyst Gregg Moskowitz maintained Microsoft with an Outperform and raised the price target from $450 to $480.

• BofA Securities analyst Brad Sills maintained Microsoft with a Buy and raised the price target from $480 to $510.

• TD Cowen analyst Derrick Wood maintained Microsoft with a Buy and raised the price target from $470 to $495.

MSFT Price Action: Microsoft shares were down 0.36% at $425.18 at the time of publication Tuesday morning, according to Benzinga Pro.

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Photo: courtesy of Microsoft.