![]() ![]() Therefore, MSFT stock is likely on a path to $400 or more, and it earns a confident “B” rating. Now, in 2023’s second half, that resistance has greatly diminished.īesides, Microsoft will undoubtedly continue to make waves with its leading-edge, AI-friendly product lines. ![]() Just remember, though, that people were concerned about resistance to the Microsoft-Activision deal from U.S. They can hedge their bets by holding Microsoft stock but not adding to their share positions. Some of Microsoft’s shareholders might be worried about pushback from British antitrust regulators. 7.” So, keep an eye out for further developments on this. Microsoft still has to deal with resistance from the Competition and Markets Authority, which is Great Britain’s antitrust regulator.Īccording to a Reuters report, the CMA “said it is likely to be able to reach a new provisional view on” a restructured Microsoft-Activision deal “in the week beginning Aug. This represents a giant leap forward for Microsoft, but it’s not an all-clear for the deal to go through. More recently, the FTC appears to have abandoned its efforts to prevent the acquisition through its in-house court. appeals court rejected the Federal Trade Commission’s move to block the Microsoft-Activision deal. ![]() Microsoft is on a long, challenging quest to acquire Call of Duty developer Activision Blizzard (NASDAQ: ATVI).Īs you may recall, a federal U.S. Microsoft Clears a Major HurdleĮven while Microsoft generates revenue from generative AI enabled products, the company also seeks to earn income from video game sales. So, clearly Microsoft is confident in its ability to commercialize this AI-enhanced product line. Oppenheimer analysts had only expected Microsoft to charge businesses $20 per user per month for Microsoft 365 Copilot. Microsoft 365 Copilot helps businesses manage Excel, PowerPoint, Outlook and Teams, and is generative AI-enabled. The company announced that Microsoft 365 Copilot “will be priced at $30 per user, per month.” Thus, it makes sense that Piper Sandler analyst Brent Bracelin called Microsoft stock an “AI All-Star” and assigned a $400 price target on the shares. After all, by embedding generative AI functionality in its most popular products, Microsoft opened the door to powerful revenue streams. Just because Microsoft stock has rallied in 2023, this doesn’t mean it can’t provide value. Now, the bull case is only getting stronger even though Microsoft’s trailing 12-month price-to-earnings (P/E) ratio is higher than the sector median P/E ratio. Previously, we argued MSFT stock is likely to reach $400 within the next 12 months. With that in mind, Microsoft stock gets a solid “B” rating and investors might consider holding their shares if they’re not ready to add to their positions now. Of course, there’s no guarantee that Microsoft will gain approval for that acquisition anytime soon. Plus, the company is moving closer to buying out a well-known video-game manufacturer. Not necessarily, as businesses are likely willing to pay a high price for Microsoft’s artificial intelligence enabled products. Does this mean it’s too expensive to hold now? Microsoft (NASDAQ: MSFT) stock easily broke through $300 earlier this year. ![]()
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