By Sushree Mohanty
Publication Date: 2026-03-12 14:00:00
Jefferies believes Microsoft (MSFT) stock remains attractively valued, even as the company strengthens its leadership in artificial intelligence (AI). While many newer AI-focused companies have captured headlines, legacy players like Microsoft may ultimately prove more resilient.
Recently, Jefferies reiterated its “Buy” rating and maintained a $675 price target for MSFT stock, following a meeting with Microsoft’s head of investor relations. MSFT stock is down 16% so far this year, compared to the tech-heavy Nasdaq Composite Index’s ($NASX) dip of 2%. The firm’s target price implies the stock has potential upside of 67% from current levels.
Despite Microsoft’s strong positioning in AI infrastructure, cloud, and enterprise software, Jefferies argues that the stock does not fully reflect the company’s long-term earnings potential. What’s more, Microsoft just proved the same in its second quarter of fiscal 2026 why it is still a…
