By Talha Qureshi
Publication Date: 2025-11-24 13:58:00
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Cloud Stocks to Buy Now. Microsoft Corporation (NASDAQ:MSFT) has declined more than 12.8% since its fiscal Q1 2026 results. However, Wall Street maintains a positive outlook on the stock. On November 20, Gregg Moskowitz from Mizuho Securities reiterated a Buy rating on the stock with a $640 price target. On the same day, Karl Keirstead from UBS also maintained a Buy rating on the stock with a $650 price target.
Analyst Keirstead sees strong revenue growth prospects for Azure in 2026, driven by new AI capacity. He also highlighted that the stock currently trades at a forward multiple of 42 times free cash flow and 25 times non-GAAP earnings per share. The price target of $650 is based on the anticipation that Microsoft Corporation’s (NASDAQ:MSFT) 2027 free cash flow multiple will be 50x. Keirstead notes that this valuation will appear reasonable if Azure sustains growth in the high 30% to low 40%, along with…
