Microsoft (MSFT) Stock Has Lagged the Market. BofA Says That Could Change Soon
TLDR
- Bank of America raised its Microsoft price target to $600 from $500, maintaining a Buy rating
- Azure cloud growth accelerated to 43% in Q4 fiscal 2026, up from 39% the prior quarter
- Azure guidance for Q1 fiscal 2027 is set at 45% growth
- Paid Microsoft 365 Copilot seats topped 30 million, with net additions more than doubling quarter-over-quarter
- MSFT stock is up 4.2% year-to-date but has lagged the S&P 500โs nearly 12% gain this year
Microsoft (MSFT) stock has gone largely nowhere over the past year, but Bank of America thinks thatโs about to change. The bankโs analyst Tal Liani raised his price target on MSFT to $600 from $500 on Tuesday, keeping his Buy rating intact. That new target sits 19% above where the stock was trading on Tuesday at $502.43, down 1% on the day.
The stock is up just 4.2% this year and down 0.5% over the past 12 months. The S&P 500 has gained nearly 12% in that same stretch, so Microsoft has been a laggard. Liani thinks the numbers now justify a re-rating.
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