If you ever wanted a quicker, potentially more exciting way to access Microsoft Office, then tech giant Microsoft (MSFT) has a novel new connection for you. It got together with peripheral maker Logitech (LOGI) to add Productivity Plugins to the MX Creative Console. Investors were reasonably pleased, and sent shares up fractionally in Tuesday afternoon’s trading.
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The MX Creative Console has been around for nearly two years now, getting its launch in September 2024. And Logitech has been expanding the device’s functionality that whole time, giving it access to tools like Lightroom and Final Cut Pro. But with this latest expansion, the MX Creative Console gets a use for a less specialized operation, Microsoft Office.
With the changes, several new functions are added to Logitech’s Actions Ring menus, which can interact with the MX Master 4 mouse and the MX Mechanical Mini keyboard, both Logitech tools themselves. The console allows for a slate of functions available at a button press, like adding cells in an Excel spreadsheet or switching between different Slack workplaces.
Then the Bad News Hit
After Asha Sharma warmed everybody up with plans to cut prices on Xbox Game Pass, she then let the other shoe drop. Pricing, and availability, of the upcoming Xbox Helix were all but certain to be impacted by the memory chip shortage.
Sharma noted that “…we’re not ready to share a launch timeline right now. The world’s pretty dynamic.” But with one of the biggest competitors to be, Valve, still eyeing a release date of sometime this year for its new Steam Machine, Sharma likely knows she can only hold those cards close to the vest for so long. With memory shortages predicted to be in force through all of 2026, and at the very least most of 2027, she likely will not get a “good” time to release the data, though.
Is Microsoft a Buy, Hold or Sell?
Turning to Wall Street, analysts have a Strong Buy consensus rating on MSFT stock based on 33 Buys and two Holds assigned in the past three months, as indicated by the graphic below. After a 7.81% rally in its share price over the past year, the average MSFT price target of $565.77 per share implies 31.95% upside potential.
