Citi Raises Microsoft Stock Price Target as MSFT Nears $500

Microsoft stock (NASDAQ: MSFT) briefly reached $501 on Thursday for the first time in 2026. It closed the day’s trading session at $499, indicating that the next spot is above the $500 zone. The bulls have been trying for nearly eight months to get there and have been successful in August. This is a new price level for Microsoft, and traders who accumulated its dips this year at the $350 level and $400+ levels are all making major profit.

Also Read: Goldman Sachs Gives Google Stock ‘Strong Buy’ Rating: See Target

Microsoft Stock Price Prediction: Citi Raises Target on MSFT

Leading global investment bank Citi has raised its Microsoft stock price target as MSFT touches $500. The bank wrote in a note to clients that buying MSFT even at a yearly high of $500 could still be profitable. This makes the equity a must-watch asset as the upside potential has further steam despite the recent surge. It rose nearly 29% in a month, delivering jaw-dropping gains to traders in just 30 days.

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