- OpenAI, with Microsoft's backing, lands a major AI contract with the Defense Department to bolster national security.
- Microsoft's stock shows a potential upside, as indicated by Wall Street's one-year price targets.
- GuruFocus metrics suggest Microsoft is positioned for growth based on its estimated GF Value.
OpenAI, supported by tech giant Microsoft (MSFT, Financial), has successfully secured a $200 million, one-year contract with the Defense Department. This strategic initiative, titled OpenAI for Government, seeks to deploy cutting-edge AI prototypes to enhance critical defense applications, ultimately bolstering national security.
Wall Street Analysts Forecast
Based on the insights from 49 analysts, Microsoft's stock (MSFT, Financial) is projected to reach an average price target of $510.99 within a year. The projections indicate a high of $650.00 and a low of $423.00, reflecting an average upside of 6.65% from its current trading price of $479.14. Investors seeking more granular data can explore further on the Microsoft Corp (MSFT) Forecast page.
The consensus rating from 62 brokerage firms positions Microsoft Corp (MSFT, Financial) at an "Outperform" status, with an average recommendation score of 1.8. On the rating scale, 1 symbolizes a Strong Buy, and 5 represents a Sell.
GuruFocus Insights: GF Value
According to GuruFocus estimates, the estimated GF Value for Microsoft Corp (MSFT, Financial) over the next year is $505.39. This suggests an upside potential of 5.48% when compared to its present price of $479.14. The GF Value represents GuruFocus' fair value estimation, derived from historical trading multiples, past business growth, and anticipated future performance. For comprehensive insights, investors can visit the Microsoft Corp (MSFT) Summary page.
