Oppenheimer raised its Microsoft price target to $570, citing growth in AI and cloud computing. Analysts expect sustained business acceleration for Azure and M365 Commercial. Strong Copilot monetization and expanding compute capacity drive these projections.
Cantor Fitzgerald also recently issued a price target hike for the company. Revenue from the OpenAI partnership is projected to account for 7% of total revenue by fiscal 2026.
Separately, Microsoft is planning another round of layoffs within its Xbox division. The job cuts are part of a broader restructuring effort. Specific details regarding the number of affected employees remain unavailable.