Analyst Lifts Microsoft Price Target to $625 on Accelerating Cloud and AI Growth, Strong Copilot Adoption

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Buy rating on Microsoft, with a price target of $625.00.

Michael Turrin has given his Buy rating due to a combination of factors, including accelerating growth across Microsoft’s key cloud and AI franchises and clearer evidence that prior investments are translating into revenue. He highlights that both Azure and Microsoft 365 are now expected to grow faster, supported by a rapidly scaling AI business that has reached tens of billions in annualized revenue and is expanding at well over triple‑digit rates.

He also points to strong Copilot adoption, with millions of seats already in place and substantial additional seat growth anticipated next quarter, which leads him to raise estimates for Microsoft 365 commercial revenue. At the same time, management’s guidance implies operating margins can remain resilient despite heavy capital spending to double AI infrastructure capacity, giving Turrin confidence to increase his price target from $615 to $625 while reiterating a positive long‑term outlook on the shares.

In another report released today, Barclays also maintained a Buy rating on the stock with a $545.00 price target.

MSFT’s price has also changed moderately for the past six months – from $541.550 to $424.460, which is a -21.62% drop .