Wedbush analysts have expressed optimism about Microsoft (MSFT, Financial) benefiting significantly from the widespread adoption of Copilot and Azure. As more companies embrace new technologies, the monetization of artificial intelligence and cloud computing is expected to accelerate, driven by sustained deployment. This year, AI use cases are on the rise, particularly in finance, government, and retail sectors. However, the analysts believe that the true turning point for Microsoft will emerge next year.
This period is anticipated to be a transformative phase for Microsoft, as AI is set to reshape the company’s cloud growth trajectory. Reflecting this positive outlook, Wedbush raised Microsoft's target price from $515 to $600.