Live Feeds
● LIVE Updated 1h ago · 20 sources tracked

Veteran Bank Cuts Microsoft Stock Price Target on AI Spending Concerns

Microsoft's stock has hit a 52-week low amid concerns over AI spending and its impact on the company's profitability. The stock is down over 25% year-to-date. Stifel cut Microsoft's price target to $400 from $415, citing rising AI and cloud infrastructure investments.

RSS Source map (18)

What changed

Stifel lowered its price target on Microsoft stock due to AI spending concerns.

Live updates

  1. Veteran Bank Cuts Microsoft Stock Price Target on AI Spending Concerns

    Microsoft's stock has hit a 52-week low amid concerns over AI spending and its impact on the company's profitability. The stock is down over 25% year-to-date. Stifel cut Microsoft's price target to $400 from $415, citing rising AI and cloud infrastructure investments.

    What's confirmed:

    • Microsoft's stock hit a 52-week low of $349.20.
    • The stock is down over 25% year-to-date.
    • Stifel cut Microsoft's price target to $400 from $415.
    • Rising AI and cloud infrastructure investments will drive up capital expenditures and depreciation.
    • Microsoft's Azure growth remains a key support for the stock.

    Still unconfirmed:

    • Chances of losing money are higher, as Wall Street's fears about AI spending are a dark cloud that's floating above the company.
    confidence 50%