Msft Forecast 2024

Microsoft Stock Forecast: Bullish Outlook for 2024 and Beyond

Positive Price Targets and Growth Projections

Analysts are bullish on Microsoft (MSFT) stock, projecting an average price target of $46,596 with a high forecast in 2024. The average one-year forecast for 2024-2025 is for the price to reach even higher levels.

Strong Financial Performance

Microsoft's strong fourth-quarter performance, with intelligent cloud revenue of $284-287 billion, exceeded Wall Street expectations. This solid financial performance is driving optimism about the company's future prospects.

Positive Outlook

Analysts believe that Microsoft has a promising outlook for 2024 and beyond. The company's focus on cloud computing, artificial intelligence, and other growth areas is expected to continue to drive revenue and earnings.

Analyst Forecasts

On average, analysts forecast that MSFT's EPS will be $11.61 for 2024, with the lowest EPS forecast at $11.43 and the highest at $11.78. This range of estimates indicates a positive outlook for the company's financial performance.