By Vandita Jadeja
Publication Date: 2026-10-13 11:15:00
Azure is accelerating, the commercial backlog just hit a staggering new record, and Wall Street is nearly unanimous on the stock. So why does free cash flow keep shrinking, and what does that mean for where Microsoft goes from here?
Shares of Microsoft (NASDAQ:MSFT | MSFT Price Prediction) trade at $534.55. The 24/7 Wall St. price target sits at $636.14, which implies 19% upside over 12 months. The stock gets a buy rating with high confidence.
| Metric | Value |
|---|---|
| Current Price | $534.55 |
| Price Target from 24/7 Wall St. | $636.14 |
| Upside | 19.0% |
| Recommendation | BUY |
| Confidence Level | 90% |
Azure Acceleration Pushes Shares Toward Highs
Microsoft is up 4.24% this week, 8.22% over the past month and 11.23% year to date. It sits 2.7% below its 52-week high of $549.20.
Fiscal Q4 revenue reached $90.01 billion, exceeding the $87.63 billion estimate, and EPS of $4.74 beat the $4.24 consensus. Azure grew 43%, and commercial backlog rose 84% to…
