By Investing.com
Publication Date: 2026-05-26 07:09:00
Just over six months ago, Microsoft (NASDAQ:) was trading at an all-time high of over $542. At that time, many analysts were whispering that many technology stocks were overvalued.
So, it shouldn’t come as much of a surprise that MSFT is down from those lofty heights. However, there weren’t many analysts who expected to get this kind of discount on MSFT. In fact, at the beginning of April, the stock was trading at around $357, erasing all its gains over a 12-month period.
Although MSFT is up nearly 5% in the last three months, even a strong earnings report wasn’t enough to sustain upward momentum. Included in that report was the announcement that Microsoft’s AI business has reached an annual revenue run rate of $37 billion, up 123% from a year ago.
It was the first time the company had updated the figure since reporting a $13 billion run rate in January 2025.
The News May Be Turning in Microsoft’s Favor
With earnings season in the rearview mirror,…