Key Highlights:
- OpenAI secures a significant U.S. Department of Defense contract, potentially impacting Microsoft's stock.
- Microsoft analysts set optimistic price targets, suggesting an upward trend.
- GuruFocus provides insights into Microsoft's fair market value and projected growth.
OpenAI, supported by tech giant Microsoft, has successfully secured a noteworthy contract with the U.S. Department of Defense worth up to $200 million. This contract is a strategic move to enhance AI technologies for crucial national security functions. It signifies a larger initiative to incorporate AI across multiple governmental sectors.
Wall Street Analysts Forecast
According to projections from 50 Wall Street analysts, the average target price for Microsoft Corp (MSFT, Financial) stands at $526.79, with estimates ranging from a high of $650.00 to a low of $423.00. This average target suggests a potential upside of 4.73% from the current trading price of $503.02. Investors can access more in-depth estimate data on the Microsoft Corp (MSFT) Forecast page.
Brokerage Firm Recommendations
With insights from 62 brokerage firms, Microsoft's (MSFT, Financial) average brokerage recommendation sits at 1.7, indicative of an "Outperform" rating. The recommendation scale spans from 1 (Strong Buy) to 5 (Sell), positioning Microsoft favorably among analysts.
GuruFocus GF Value Calculation
Utilizing GuruFocus estimates, the projected GF Value for Microsoft Corp (MSFT, Financial) in the coming year is $511.57, which indicates a modest upside of 1.7% from its current price of $503.02. The GF Value reflects GuruFocus' fair market value estimation based on historical trading multiples, past business growth, and future performance forecasts. More detailed information is available on the Microsoft Corp (MSFT) Summary page.
