Microsoft Stock Outlook: A Deep Dive into Analyst Estimates
Average Target of $489.85
According to 33 analysts, the average 12-month price target for Microsoft (MSFT) stock stands at $489.85. However, estimates vary widely, with the lowest target set at $375 and the highest at $530.
Positive Short-Term Outlook
Based on short-term price targets provided by 35 analysts, the average target comes to $494.43. This suggests a slightly more optimistic outlook over the near term. However, it is important to note that these estimates can change significantly over time.
Closing Price and Analyst Estimates
At the close of trading on July 16, 2024, Microsoft stock was trading at $400.24. This indicates that the average analyst target is approximately 22.4% higher than the current price.
Conclusion
Based on the latest analyst estimates, Microsoft stock appears to have a promising outlook. The average target price of $489.85 suggests potential for significant upside over the next 12 months. While the short-term outlook is slightly more positive, it is essential for investors to conduct their due diligence and consider all available information before making any investment decisions. 
Forbes
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