Bernstein lifts Microsoft stock target from USD 660 to USD 662

Published on 10/21/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Microsoft reports fiscal first-quarter results on October 28, 2026. Microsoft stock costs EUR 469.98 on October 21, 2026 during trading.

Catalyst and scheduled results

Sanford C. Bernstein lifted its Microsoft target from USD 660.00 to USD 662.00 on October 19, 2026.
Microsoft will publish fiscal first-quarter 2027 results on October 28, 2026, after revenue of USD 90.01 billion in fiscal fourth-quarter 2026.
Microsoft stock trades at EUR 469.98 at 11:10 a.m. CEST at Lang & Schwarz on October 21, 2026.

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Microsoft stock (ISIN US5949181045) was trading at EUR 469.98 at Lang & Schwarz on October 21, 2026, at 11:10 a.m. CEST. Sanford C. Bernstein lifted its Microsoft price target from USD 660.00 to USD 662.00 in a report released on October 19, 2026, while maintaining an Outperform rating.

Target edges higher before results

The adjustment is modest, but its timing places the analyst call directly ahead of Microsoft's next earnings report. The company is preparing to publish fiscal first-quarter 2027 results after the market close on October 28, 2026, according to Microsoft. The webcast is scheduled for 2:30 p.m. Pacific Time.

What does the target mean?

The USD 662.00 target remains a valuation call on Microsoft's artificial-intelligence investment cycle rather than a new operating result. TheStreet reported on October 20, 2026, that Morgan Stanley maintained a USD 600.00 target while highlighting the higher earnings bar created by Microsoft's infrastructure spending.

Three milestones define the setup

Microsoft reported USD 90.01 billion of revenue and USD 4.74 of adjusted earnings per share for fiscal fourth-quarter 2026 on July 29, 2026, according to Yahoo Finance. The revenue figure exceeded the USD 87.63 billion consensus, while adjusted earnings per share exceeded the USD 4.24 estimate.

On October 7, 2026, Microsoft announced the October 28 reporting date. On October 19, 2026, Sanford C. Bernstein lifted its target from USD 660.00 to USD 662.00. On October 21, 2026, Microsoft stock was trading at EUR 469.98 at Lang & Schwarz, giving investors a live euro-market reference before the results.

Which dates matter next?

The next scheduled date is October 28, 2026, for fiscal first-quarter 2027 results after the market close. Microsoft will also host the earnings webcast at 2:30 p.m. Pacific Time on that date.

Price carries the immediate signal

Microsoft's primary listing is Nasdaq, where the stock was last quoted at USD 531.87 on October 20, 2026, at 4:00 p.m. EDT. The same quotation data put market capitalization at USD 3.9 trillion and the 52-week range at USD 349.20 to USD 553.72. The euro quotation keeps the immediate German investor perspective centered on the upcoming report.

Microsoft stock was trading at EUR 469.98 at Lang & Schwarz on October 21, 2026, at 11:10 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Microsoft stock.