
Microsoft shares are on the rise as the company reports impressive growth in its cloud services and commercial backlog.
Microsoft Corporation (NASDAQ:MSFT) is gaining today, with shares up 1.50% to close at CA$503.04. This positive movement follows strong fiscal fourth-quarter results that highlighted significant growth in its Azure cloud services and a substantial increase in its commercial backlog.
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Microsoft Corporation
MSFT.US
MSFT.US
Microsoft Corporation
Market cap
$3.72T
P/E
27.8x
Div. yield
0.73%
Div. / share
$3.64
52W high
$549.20
52W low
$348.54
1W change
+0.04%
Beta
1.11
Analyst Price Targets
Based on 61 analysts covering MSFT · as of Sep 24, 2026
Wall Street analysts forecast MSFT stock price to rise 15.9% over the next 12 months.
Consensus
Strong Buy4.59 / 5.00
Avg. Target
C$577.26
+15.9% Upside
Previously C$576.40 on Sep 23, 2026
Current Price
C$497.93
Last close
Analyst Breakdown (61 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MSFT's historical volatility
30-Day Vol
21.1%
Annualized
90-Day Vol
39.4%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$595.28
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$528.47 | C$491.36 – C$568.38 |
| 60 trading days | C$560.88 | C$506.00 – C$621.71 |
| 90 trading days | C$595.28 | C$524.75 – C$675.28 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors are responding positively to Microsoft's robust performance metrics, particularly in its cloud segment, which continues to show strong demand despite broader market concerns about AI regulation.
Microsoft's Azure Revenue Surpasses $100 Billion Annually
The 43% growth in Azure revenue reflects a strong demand for cloud services, positioning Microsoft favorably in a competitive landscape.
Bull case
The impressive 43% growth in Azure and an 84% increase in the commercial backlog to $678 billion suggest strong future revenue potential. This makes Microsoft an attractive investment in the tech sector.
Bear case
Despite the current positive momentum, concerns about regulatory scrutiny in the AI space could pose risks to future growth. New restrictions might impact Microsoft's operations or strategic initiatives.
Strong Fiscal Performance
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Microsoft's recent fiscal fourth-quarter results revealed a revenue of $90.01 billion, marking a 17.8% increase year-over-year. The standout was Azure, which crossed the $100 billion mark in annual revenue for the first time, showcasing the company's leadership in the cloud services market.
Commercial Backlog Growth
The commercial backlog surged by 84% to $678 billion, a critical metric that reflects the strong demand for Microsoft's services. This backlog is essential for predicting future revenue and indicates that customers are committed to long-term contracts, providing a stable revenue stream.
Market Reaction to AI Developments
Despite ongoing discussions about AI regulation and safety, investors appear unfazed, focusing instead on Microsoft's strong performance metrics. The company's ability to navigate potential regulatory challenges while maintaining growth in its cloud services is a key factor in its current stock performance.
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