Microsoft (MSFT) stock was up on Thursday after the company’s Xbox division showed off new games during its Developer_Direct 2026 presentation. This live stream showed off what gamers and investors can expect from Xbox in the coming year, including fresh looks at Fable, Forza Horizon 6, and Beast of Reincarnation.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Here’s a quick breakdown of each of the big titles that Xbox talked about during its presentation.
- Fable is the newest entry in one of Xbox’s longest-running series, with the latest game being a full reboot of the series.
- Forza Horizon 6 is a major new entry to the video game racing series that got its start on the Xbox 360.
- Beast of Reincarnation is an interesting title, as it’s an action RPG being developed by Game Freak, which is the same developer that works with Nintendo (NTDOF) on the Pokémon series.
Outside of these games, only one other title that was highlighted during the Xbox Developer_Direct 2026. Also, those who missed the live stream can watch it on the Xbox YouTube channel.
Microsoft Stock Movement Today
Microsoft stock was up 1.58% on Thursday but was still down 8.17% year-to-date. Investors will also note that the company’s stock has fallen slightly over the past 12 months.
With today’s news came strong trading of MSFT stock, as more than 20 million shares changed hands. This is closing in on the company’s three-month daily average trading volume of about 21.58 million units.
Is Microsoft Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Microsoft is Strong Buy, based on 32 Buy and two Hold ratings over the past three months. With that comes an average MSFT stock price target of $628.25, representing a potential 39.35% upside for the shares.
