Quick Highlights:
- French antitrust authorities are investigating Microsoft's Bing due to claims from Qwant regarding search result quality.
- Analyst forecasts set Microsoft's one-year price target at $506.27, projecting a 9.3% upside.
- Microsoft is rated "Outperform" by brokerage firms, reflecting strong market confidence.
Bing Under Scrutiny Amid Qwant's Concerns
Microsoft's (NASDAQ: MSFT) popular search engine, Bing, is currently under the spotlight following accusations from the French company Qwant, which asserts that Bing negatively impacts the quality of search results. As a result, French antitrust authorities have initiated a review to thoroughly investigate these claims. Given Qwant's dependency on Bing services, the outcome of this inquiry could have significant implications. A decision regarding possible regulatory measures is anticipated by September.
Investment Insights: Wall Street Analysts Forecast
The current sentiment among 49 analysts points to a bullish outlook for Microsoft Corp (MSFT, Financial). With an average one-year price target set at $506.27, analysts foresee a potential upside of 9.30% from the current price of $463.21. Expectations range widely, with high estimates reaching $650.00 and low forecasts at $423.00. Investors can access detailed projections on the Microsoft Corp (MSFT) Forecast page.
Brokerage Ratings: Strong Confidence in Microsoft
The consensus among 63 brokerage firms underscores a strong vote of confidence in Microsoft Corp (MSFT, Financial), with an average recommendation rating of 1.8. This rating is within the "Outperform" range, suggesting robust market performance expectations. The rating scale spans from 1, indicating a Strong Buy, to 5, which denotes Sell.
GuruFocus Valuation: Future Growth Potential
According to GuruFocus estimates, the projected GF Value for Microsoft Corp (MSFT, Financial) over the next year is $505.29, which implies a potential upside of 9.08% from the current stock value of $463.21. This GF Value represents GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and future business performance estimates. For more comprehensive data, please visit the Microsoft Corp (MSFT) Summary page.
