By Keithen Drury
Publication Date: 2026-04-15 14:45:00
Microsoft (MSFT +4.64%) has had a rough few months. The stock is down over 30% from its all-time high, and has seen a much deeper sell-off than most of its peers. However, I think there could be a turnaround coming.
On April 29, investors will get the next round of news from Microsoft regarding the current state of its business — that is, its fiscal 2026’s third quarter (ended March 31). I think the results from that report could be exactly what Microsoft needs to turn its fortunes around, making the stock a no-brainer buy right now.
Image source: Getty Images.
What’s going to be in the report?
The reality is that Microsoft doesn’t really need anything particularly special in its report; it just needs to keep the status quo.
During Q2 (ended Dec. 31, 2025), Microsoft delivered excellent results, with its revenue rising 17% powered specifically higher by higher revenue from Azure, which rose 39%. Azure is Microsoft’s cloud computing platform, and has become the go-to partner for…