Microsoft inventory (NASDAQ: MSFT) briefly reached $501 on Thursday for the primary time in 2026. It closed the day’s buying and selling session at $499, indicating that the following spot is above the $500 zone. The bulls have been attempting for practically eight months to get there and have been profitable in August. It is a new value degree for Microsoft, and merchants who amassed its dips this 12 months on the $350 degree and $400+ ranges are all making main revenue.
Microsoft Inventory Value Prediction: Citi Raises Goal on MSFT
Main international funding financial institution Citi has raised its Microsoft inventory value goal as MSFT touches $500. The financial institution wrote in a word to purchasers that purchasing MSFT even at a yearly excessive of $500 may nonetheless be worthwhile. This makes the fairness a must-watch asset because the upside potential has additional steam regardless of the latest surge. It rose practically 29% in a month, delivering jaw-dropping positive factors to merchants in simply 30 days.
Citi has raised its value goal for Microsoft inventory from $570 to $600, because the fairness touched $500 on Thursday. That’s a hike of $30 from its earlier value prediction. It additionally represents a revenue of $100 per share if merchants take an entry place at present. That’s an uptick and return on funding (ROI) of roughly 20% from its present value. Subsequently, an funding of $1,000 may flip into $1,200 if the worth prediction seems to be correct.
The worldwide financial institution positioned its bullish thesis after Azure’s earnings beat, as revenues grew by 43% and Wall Road estimates it may transcend 45% within the subsequent quarter. It additionally gave Microsoft inventory a powerful purchase ranking, estimating that its Q3 revenues will comfortably exceed expectations. Citi additionally famous that the software program large is giving prospects entry to its a number of AI fashions, which is among the many causes for its energy.
