By Rich Duprey
Publication Date: 2026-03-27 15:18:00
Microsoft (MSFT) stock has fallen 25% in Q1 2026, its worst quarterly decline in nearly two decades, while capital expenditures are forecast to hit $146B in fiscal 2026 amid concerns that Copilot adoption has lagged and Azure growth has decelerated for the first time in years.
Microsoft’s valuation has compressed to below 20 times forward earnings, its lowest multiple since June 2016 and briefly trading below the S&P 500, as Wall Street grows impatient for AI revenue payoffs while fearing startups could bypass the company entirely.
Have You read The New Report Shaking Up Retirement Plans? Americans are answering three questions and many are realizing they can retire earlier than expected.
Microsoft (NASDAQ:MSFT) investors have endured a punishing start to 2026. The stock is down roughly 25% in the first quarter, on track for its steepest quarterly decline since the fourth quarter of 2008 — nearly two decades ago — when shares plunged 27% amid the global…


