By Daniel Sparks
Publication Date: 2026-10-18 08:23:00
Shares of Microsoft (MSFT -1.93%) closed at a record $543.45 on Oct. 13 and slipped about 2% a day later, finishing Oct. 14 at $533.69. The software giant’s next earnings report, for its fiscal 2027 first quarter, is due Oct. 28.
My prediction is that Microsoft stock will trade near $730 by the middle of 2030. Specifically, it’s my estimate of the price on June 30, 2030, when Microsoft’s fiscal 2030 ends. It assumes non-GAAP (adjusted) earnings per share rise about 13% a year from here, and that investors pay about 26 times those earnings then.
That price would be around 37% over the stock’s Oct. 14 close, or about 9% a year before dividends. And it needs Microsoft’s earnings to rise at just a bit over half the rate they managed last fiscal year.
Image source: Getty Images.
A solid starting point
For the fiscal year that ended June 30, 2026, Microsoft boosted adjusted earnings per share 22% to $17.28. The adjusted number strips out gains and losses on the company’s investment in…
