Microsoft Sold $25 Billion in Bonds a Day After Its Azure Beat. Here’s Where the Stock Could Go by 2031

Microsoft Sold  Billion in Bonds a Day After Its Azure Beat. Here’s Where the Stock Could Go by 2031

By Wiltone Asuncion
Publication Date: 2026-10-30 12:59:00

Microsoft Sold $25 Billion in Bonds a Day After Its Azure Beat. Here’s Where the Stock Could Go by 2031 ©@Industrial Photograph via Canva, @Elisanth_ from Getty Images via Canva

Key Stats for Microsoft Stock

  • Current Price: $530.14

  • Target Price (Mid): ~$1,290

  • Street Target: ~$606

  • Potential Total Return: ~143%

  • Annualized IRR: ~21% / year

What Happened?

Microsoft (MSFT:NASDAQ) CFO Amy Hood told analysts on October 28 that the company has access to the debt markets but “we haven’t yet, I would say, tapped that.” Bloomberg reported a deal in the works on October 29, and that evening Microsoft priced $25 billion of senior unsecured notes in ten tranches maturing from 2028 to 2066, its first U.S. investment-grade bond sale since 2017, per Bloomberg. Shares closed down 0.16% that day, giving back an after-hours jump of about 4% on 48% Azure growth, as Alphabet tumbled after its own report.

What the…