Microsoft (MSFT) stock was up on Wednesday after the company’s Xbox division revealed details for the upcoming racing game Forza Horizon 6. A lengthy piece on Xbox Wire, the company’s news portal, combined with recent coverage in an Official Xbox Podcast provided players with insight into the game, as well as a release date.
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The podcast highlighted the huge open world that players will be able to explore in Forza Horizon 6. It also went over how the game integrates Japanese culture and the player’s role in a series of racing events taking place in Japan. This is an interesting setup for the series and the developers are focusing on showing off the unique racing culture present in Japan.
Included in the coverage of Forza Horizon 6 is a release date for the game. The game will launch on May 19, 2026. The launch includes releases on Xbox Series X|S, Xbox on PC, and Xbox Cloud as an Xbox Play Anywhere title. To go along with that, the game will be playable day one with Xbox Game Pass, the video game company’s subscription service.
Microsoft Stock Movement Today
Microsoft stock was up 1.54% on Wednesday, but was still down 21.82% year-to-date. The stock has also fallen 4.66% over the past 12 months.
MSFT stock trading activity today saw some 14 million shares change hands, compared to a three-month average daily trading volume of about 34.52 million shares.
Is Microsoft Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Microsoft is Strong Buy, based on 34 Buy and three Hold ratings over the past three months. With that comes an average MSFT stock price target of $581.61, representing a potential 53.74% upside for the shares.
