Both profit and revenue upside was driven by excellent performance in its cloud and AI divisions, showcasing robust demand.
Azure cloud revenue grew ~33% YoY, with AI-related infrastructure fueling a large portion of that growth.
• Nadella emphasized that “cloud and AI are the essential inputs…”, reinforcing investor confidence in Microsoft’s long-term strategy.
Following the earnings beat, multiple analysts raised price targets sharply—for example, Wedbush bumped theirs to ~$515, Bernstein to ~$540—indicating optimism about future growth.
• Visible Alpha consensus shows an average upside potential of ~12% from current levels.
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- LeilaLynch·06-16Incredible insights on MSFT! Love it! 🚀 [Heart]LikeReport
- pizzix·06-16Absolutely love your insights on MSFT! [Heart]LikeReport
